Inspiration and information from leading finance experts.
Professor Peter Goss unpacks the call for CFOs to adopt a strategic financial governance outlook. Zandi Tsibulane reflects on what it takes to be the CFO of a start-up during the Covid-19 pandemic. Experts reveal how agility has been one of the drivers of success in business this year. We round up some of the perspectives and advice some of SA's leading CFOs shared in 2020. KPMG’s Mark Danckwerts explains how IFRS17 will change the way performance is communicated. Tax specialist Nico Theron explains that SARS also faces adverse consequences if they don’t comply. Investec’s Dr Greg Cline: We are seeing spouts of opportunity, even in a constrained environment. King Price CFO Paul Stedall: a successful CFO can combine technology and emotional intelligence. Zaakir Mohamed: Companies must make sure their own operations aren’t complicit in enabling corruption. Executives should focus on improving risk management, writes LexisNexis SA’s GM of compliance Greg Chamberlin. CA Irene Chikobvu explains that you need to balance your reactions to conflicts in the workplace. Oracle's Anne Ozzimo shares four strategies CFOs should consider to be resilient. Tangent Solutons’ Niël Malan: Tech savvy CFOs are essential to a successful digital transformation. Frederik Scholtz shares his five takeaways from Tito Mboweni’s medium-term budget policy statement. Blue Recruiting MD Graeme Marais shares why hiring a newly qualified CA is the way to go. Tim London: Separate these functions so their different priorities don't become a point of conflict. JAM CFO reveals CFOs need to understand the difference between a fixed and a growth mindset. redPanda Software CEO Gareth Hawkey: We can't apply old ways of doing things to new problems. Sage's Pieter Bensch: All the digital trends that were at play before the pandemic have accelerated. Herman Singh: Corporate organisations of the future need to act like a boxer who can box on either foot. JAM CFO Nico Esterhuizen says the best time to choose personal growth is today. Covid-19 shockwaves force leaders to rethink how tax risks are managed and tax practices are run. Technologies like central management systems allow for more effective insurance claims cost control. UCT GSB's Timothy London looks at what works and doesn't work if leaders are to ensure relevance. Herman Singh: Covid-19 killed office work, but technology has become the knight in shining armour. Machines and people need to work in concert for successfully ERP systems and enterprises. Dr Claudelle von Eck: Interventions are cheaper than the cost of consequences of unethical culture. We don't know what the future is going to hold, but we have the opportunity to make it better, Rhett says. Stangen CFO Lerato Olahleng believes the current crisis gives SA an opportunity to rebuild its economy. To attain the "badge" of true leadership, you have to master personal leadership, says Nico. If IT transformation is done right, the benefits can outweigh the disruption says Oracle's Swami Natarajan. UCT GSB's Dr Tim London explores how businesses can work through the trauma of Covid-19 and tell a new story. Small business encouraged to increase vigilance against growing cybercrimes during and post lockdown. King Price CFO Rhett Finch: Covid-19 will quickly show which insurers are geared for a digital world. UCT GSB's Tim London says leaders must avoid returning to the old ways of doing business post-lockdown. Herman Singh unpacks the ways in which the world will be different after the pandemic. Now is not the time to create more or new risks within your business says Wauko's David Irish. Ian McAlister: Software and technology solutions replace admin with professional freedom. Tom Wells: Covid-19 provides an opportunity to transition towards a more digital, remote and dynamic workplace. Decision Inc's Kate McFarlane: AI and machine learning will make your reporting responsive to changing conditions. UCT GSB's Timothy London shares key points leaders can use to manage the Covid-19 crisis and recover from it. Investec for Business's Marc Rosen discusses strategies to utilise when making business investments. Neil Buckley, Apex BI: something CFOs should know about but all too frequently don't. Organisations are under pressure to become more innovative and adaptable, says Obsidian's Muggie van Staden. UCT GSB's Dr Tim London reveals the challenges André de Ruyter faces, and what all leaders can learn from this. Stretch Global's John Stretch gives an insight to the questions CFOs need to ask when looking to the future. Herman Singh took a roadtrip around South Africa this December. Here is what he learnt. Experts dived into finance trends from disruptive technology, to customer focus, to job "tax", and boards. INOVO director Jan Kühn says tactical debt collection is important to business survival and sustainability. Emma Hitzke and Shagun: How to help your organisation thrive in the digital age of finance. The Cell C CFO recently participated in a Finance Indaba panel on real transformation in the workplace. Recruitment specialist Chantelle Smith explains how to make sure your finance function will support your goals. UCT GSB's Dr Tim London: Maximise staff engagement by understanding the tasks they love and hate. Herman Singh answers the question: Will EPMS dashboards dash your plans or delivering dashing results? South Africans appear more divided than ever. To become a great, and united, nation we urgently need to reimagine a way to build our people - and this must be about more than jobs and GDP. AgileIT CEO Nick Truran highlights three IT areas to focus on to achieve significant savings. Altron Karabina's Dave Ives explains the benefits of migrating ERP systems to the cloud. Considering starting in-house training to save on costs? UCT GSB's Tim London has some food for thought. If you're not putting your cash to work, you're wasting an asset, says Investec's Sean Jackson. Retail Capital CEO Karl Westvig: The digital revolution will profoundly change how small businesses operate. Herman Singh says that the silent middle class needs to stick around and make a change in South Africa. OK was once the country's largest retailer and the first-shop for thousands of South African shoppers. This giant retail business with twelve thousand employees was given away to its rival, Shoprite, for a token amount of one rand. Dr Tim London explains that to maximise learning in your organisation, you have to let your people lead. Earlier this year, Nedbank received a letter from the JSE acknowledging the banking group's high standards of financial reporting for the year ended 31 December 2018, and in particular, it's IFRS disclosures. CFO South Africa invited Raisibe Morathi, Nedbank Group CFO, to share her insights into achieving such recognition for reporting at this level. Bizmod's Sandi Hager explains what change management challenges you need to overcome to ensure success. Herman Singh explains how nearly $2.5 million in equity was crowdfunded on the Intergreatme platform. Dr Tim London reveals three mistakes you might be making that are hampering creative thinking. John Stretch explains why proper forecasting could have saved Tongaat from the challenges it now faces. Lifelong learning will power accountants' prosperity now and in the future, says Intuit's Jolawn Victor. Rather than emigrating, South Africans should stay and help build SA's future, says Herman. Data analytics can be used to make more forward-looking, proactive decisions and to foster more collaborative relationships. Accountant and entrepreneur Liezl Berry conducted an audit into whether accounting really is the most boring profession. Herman Singh says, disrupt your industry simply by focusing on the needs of the customer. Dr Tim London reveals the one crucial element necessary to get SOEs back on track. John Stretch explains what measurements you can put in place when return on equity fails. Thandeka Zondi explains that late payments to SMEs by big business must be addressed. Herman Singh: "It doesn't matter who wins - if they follow these 12 steps, SA will prosper." Dr Tim London explains that training will help you to attract and keep the right employees. Switch Innovation CEO Brett Terespolsky explains why you need human intelligence on your front line. John Stretch explains how to bring your monthly management accounts presentation to life. Liezl Berry considers: If you knew then what you know now, would you become a CA? Herman Singh says there's a lot to be learnt from how the online marketplace conquered Africa. These are the crucial questions to ask when appointing leaders, says UCT GSB's Dr Tim London. Danie Ferreira gave it all up to scuba dive. Here's what he learnt about work-life balance. Stretch Global owner and founder John Stretch reveals that intellectual capital and intangible assets can and should be accounted for. Herman Singh speaks from personal experience when he says: "Directing is only for the brave". Tim London: "Your vision statement is probably useless. Here's how to make it better." Keeping an anxiety disorder from your coworkers? CA and entrepreneur Liezl Berry believes it makes you a better accountant. Brett Terespolsky explains why financial services providers are over-investing in technology, and under-investing in people. How to win at this next, big, bright, brilliant thing that is digital transformation. Beware staff who say, "But we don't do it that way." These three business leaders had the best-read Expert Insights on CFO South Africa in 2018. MTN group executive Herman Singh says these four attributes take time but are worth developing. Not getting the talent you want? Engage the universities, says UCT Graduate School of Business's Tim London. Afrimat CFO Pieter de Wit says finance professionals must embrace technology to free up their time. JLL and Tetris CFO Peter Harris: "Your revamped office space will support staff productivity." Multinational CFOs take heed: Country-by-Country Reporting will deliver challenges, but also some advantages. Meetings are a waste of time, and other learnings from MTN group executive Herman Singh. Switch's Brett Terespolsky says new banks are targeting specific market segments - a strategy for success. PwC's Lullu Krugel shares the etiquette she has developed for professional and personal WhatsApp use. Having a clear narrative for your organisation will make negative events less threatening. The time is ripe for FinTech companies in Africa, says Wirecard South Africa's Peter Stenslunde. The success of a course depends on the commitment of the employer, says UCT GBS's Tim London. Three conversations have given CFO South Africa MD Graham Fehrsen insight into the future of accounting. The future of the finance profession will rely on technological competitive advantage, says Sean Gossel, senior lecturer in Finance at the UCT Graduate School of Business. Standard Bank's CFO of Group Tech says that CFOs "sticking to their knitting", could result in the next large corporate failure. Keep your CFO's hands off the tech budget, and put your CIO on the board. If someone's late for a meeting, here are some insights that will help you to cope with the stress. BP's Udayan Sen and Afrisam's Leon Serfontein share their thoughts on the CFO Awards experience. And leaders need to understand this, says Prof Tim London of the UCT Graduate School of Business. Jessica Yellin sat down with FedGroup CEO Grant Field to chat about his business and how he brings Purpose to life. Deadlines, pace and face time are among the most important tools to strike a great deal, she says. Stop asking, "Can I?" and start asking, "Should I?", says Prof Tim London of the UCT Graduate School of Business. Prof Tim London of the UCT Graduate School of Business cautions on the dangers of having too narrow a view of leadership. CFO SA MD, Graham Fehrsen, encourages CFOs to do the right thing. Expectations of business and CEOs are high, but they are not being met, says Jessica Yellin To embrace change you need to be real, says CFO SA's MD, Graham Fehrsen The little decisions are as important as the big ones, says UCT Graduate School of Business' Tim London. My generation must transform the fortunes of the continent, says UCT's Mills Soko. We've selected the top 10 most popular articles of 2017 for your literary enjoyment.The 21st century “big picture” for CFOs seeking to nurture strategic value
The first 180 days of occupying the C-suite at a start-up
Navigating from pandemic disruption to the next normal
The CFO diaries – wisdom from the top
Insights on how IFRS17 will affect the finance industry
SARS, like taxpayers, must comply with specified time periods
Are there growth opportunities in a recovering market?
What makes a CFO successful? Hint: it’s not just the tech
Businesses must prioritise preventing fraud and corruption in their own organisations
Successfully navigating from the new normal to the next normal
Should you let things slide or demand respect in the workplace?
How CFOs can build resilience and recapture growth
The CFO holds the key to a successful cloud migration
Five key takeaways for business from the 2020 mid-term budget presentation
Why you should hire a CA with no experience
Beware when mingling learning and development with performance management
JAM's Nico Esterhuizen: Your mindset determines your leadership style
Looking through 'Covid-eyes' to support and reimagine the workplace
Eight elements a company needs to consider as it grows in size
Ambidextrous organisations: Creative and agile, yet rigorous on risk and execution
Use a personal development model to improve your professional leadership skills
Covid-19 is keeping tax managers on their toes
Technology waves wand over commercial, sectional-title insurance
No more hiding from it: Business leaders are societal leaders
Technology is reinventing the office
Surviving the technoshock: how to get your organisation ready for AI-powered ERP
The hidden cost of the Covid-19 crisis - an increase in fraud and corruption
King Price CFO Rhett Finch: Covid-19 has given us perspective on work and working
Life insurance industry looks to life beyond Covid-19
JAM CFO Nico Esterhuizen: Leaders, challenge yourself in these four life dimensions
Face disruption head-on: Move core business processes to the cloud
Returning to work: Businesses after lockdown are like athletes after a serious injury
MoneyWorks owner Thandeka Zondi cautions against growing cybercrime rates
Covid-19: The tipping point for the insurance industry's digital transformation?
As lockdowns ease, consultants are still valuable, but use them in different ways
Pandenomics: Looking to a post-pandemic world
FX risk management in a time of crisis
The potential of professional
Will Covid-19 usher in the workplace of the future?
Transform your business by interrogating the value that your data holds
The coronavirus has hit
what now for business?
Strategies for growth in an uncertain climate
How to take charge of technology expense sprawl
Embracing open in the financial services sector
What to look for (and not) now that Eskom has a new CEO?
The 10 questions every CFO needs to ask every month
10 economic lessons for South Africa from a December road trip
A look back at this year's most valuable insights experts into business and finance
To keep your business in the black, try these debt collecting techniques
6 Strategies to help CFOs harness the power of emerging digital technologies
Zaf Mahomed: Diversity will strengthen the finance team and the organisation
CFOs, recruit for the team you need in the future - here's how
How leaders can account for, and leverage, the "job tax"
Use enterprise performance management systems and run your business like a gamer
Athol Williams: Believe it or not, the economy is not South Africa's biggest concern
Simple changes to storage, networks and telephony make big impact on bottom line
Cloud ERP can drive efficiency and unlock competitive value for your business
Be sure you are bringing your corporate training in house for the right reasons
Avoid falling into a lazy balance sheet cycle and treat your cash like an employee
The pressing issue that must be addressed for SMEs to succeed
The South African middle classes need to learn to toyi-toyi
How to sell a business for one rand - the strange story of OK Bazaars
The rise of "learner-constructed" learning: Get on board or get behind
Nedbank Group CFO reveals three key themes in reporting excellence
Avoid these five change management pitfalls in your compliance projects
How we pulled off the largest crowdfunding ever in Africa
Change your organisational culture to create the space for innovation
Tongaat's Kodak moment: They didn't see it coming, but they could have
5 easy ways for accountants to access the skills they need to succeed
Herman Singh calls for committed South Africans to share their personal SONAs
Why long-term business success requires early adoption of key technologies
A boring job? Here's why accountants are sex, drugs and rock & roll
Breaking dominant logic earns billions - always ask "why?"
SOE CEO resignations: What their replacements must do to turn their organisations around
You don't put percentages in the bank
The role of big business in supporting small business growth in South Africa
Cast your vote in the elections - and watch to see how the winner supports future growth
Use training to make sure you're the most attractive organisation at the party
Considering a chatbot for customer service? Think again
The numbers are right, but are they interesting?
To be, or not to be... a CA?
Lessons for doing e-commerce in Africa from Jumia's New York listing
What leadership does your organisation need to thrive - experts or boundary spanners?
Car Hire Brokers CFO Danie Ferreira: Work is a part of work-life balance!
Explained: How to manage and measure intangible assets
So you want to serve on a board? Read this first
Getting your vision, mission and purposes statements in shape for success
There could be an upside to your anxiety disorder
True disruption is less about technology and more about people
Seven caveats to consider when implementing digital transformation
Forget about learning - those who are future-ready are those who can UNlearn
Three experts whose insights had an impact
Health, wealth, wisdom and reputation - not built overnight
Tim London: "Don't hope for the talent you want - build it!"
Explained: how finance professionals can become business partners
Explained: how refurbishing your offices can boost your bottom line
Explained: What Country-by-Country Reporting means for SA multinationals
Knowledge shared: 10 lessons that drive career success
What SA's new banks will mean for the future of financial services
How to use WhatsApp as a business tool so that everyone doesn't hate you
Tim London: A good story will help your staff to make sense of facts
Africa is hungry for FinTech solutions in the settlements space
How to ensure ROI from executive education courses
Collaborate and adapt - your future might depend on it
Watch your jobs! Robotics will start moving up the skills value chain
CFOs SHOULD be involved in tech, says Standard Bank's Sean Berrington
CFOs - stick to your knitting, says CTO Steven Sidley
The horror of waiting: PwC's Lullu Krugel on the economics of lateness
The Awards evening was exceptional, and being nominated was an honour, agree CFOs
Timelines have consequences
How to get sh!t done with a sense of purpose
A done deal: Webber Wentzel's Megan Jarvis lists six dos and don'ts
Leadership essentials: Ethics goes beyond legal considerations
Why a narrow view of leadership destroys organisations
What does it mean to do the right thing?
Your business needs a clear Purpose to survive
Be the change - it's there for the taking, says Graham Fehrsen
Tim London on the perils and opportunities of atomised decisions
UCT GSB Director Mills Soko's new vision for education
CFO SA's 10 most popular reads of 2017