Inheriting a Team in Crisis and Rebuilding It : Lessons in Leadership
By Cal Hoagland
As an interim CFO, I have often faced challenging client situations, among them inheriting a finance team “in crisis.” Sometimes these underperforming team “ecosystems” are the result of: Teams managed by less-than-ideal functional area leaders from prior poor hiring decisions Teams were not provided the overall vision for the company/department,…Read More
Read MoreManaging Cybersecurity Risks: Protecting Against Ransomware
By Jeff Kuhn
In April 2021 my partner at FLG, Fuad Ahmad, wrote a post titled Managing Cybersecurity Risk: The Role of the CFO. His key points remain timely and highly relevant today. In this post I want to address perhaps the most pernicious, rapidly growing, and dangerous threat to Cybersecurity today: Ransomware….Read More
Read MoreManaging Cybersecurity Risk: The Role of the CFO
By Fuad Ahmad
According to Cybersecurity Ventures, cybercrime will inflict damages totaling $6 trillion, globally in 2021. Cybercrime costs are projected to increase at an annual rate of 15% over the next 5 years, bringing in more profit to organized crime syndicates than global trade in all illegal drugs. Cybersecurity Risk: The Scope…Read More
Read MoreAlternatives to Bankruptcy for Companies Facing Insolvency During COVID-19
By Eric Hall
The current Covid-19 crisis has tested the financial solvency of many companies. Chapter 11 bankruptcy may be the last resort (or next to last resort) for an orderly reorganization of a company’s debt before an outright liquidation in Chapter 7. Both kinds of filings are expensive and procedure-bound. Bankruptcy attorneys,…Read More
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