The best way to build a strong, profitable and sustainable company is to start with a solid CFO-CEO relationship. In the best companies, the two executives are in lock-step, working together to realize a common vision. And in doing so, they divide the work, compliment each other’s strengths and have each other’s back.
When it works well, the interplay and support between CEO and CFO creates value greater than the sum of its parts and catapults the company past the competition. When it fails, the bad relationship can tear an organization apart at the seams.
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Creating a great CFO-CEO relationship does not happen naturally. Like a marriage, the relationship takes time, effort and self awareness to understand how your work style impacts your CFO (and vice-versa).
If you and your CFO are not working together to build the strongest company possible, perhaps its time for some couple’s counseling. See if you recognize yourself in any of these three common relationship danger zones: