Leverage Competencies: What Financial Executives Need to Lead (Financial Times Prentice Hall Books) - Hardcover

Militello Jr., Frederick C.; Schwalberg, Michael D.

Hardcover

ISBN 10: 0130087580 ISBN 13: 9780130087584

Publisher: Financial Times/ Prentice Hall, 2002

Synopsis

Financial leaders can no longer succeed on financial skills alone: "soft" leadership skills are now crucial to success. Leverage Competencies shows how eight great companies are helping their financial managers become outstanding business leaders. Discover how these companies are promoting creativity, adaptability, communications, teamwork, strategic vision, innovation, entrepreneurial drive, and core corporate values - and how you can make it happen in your organization.

About this title

About the Author

FREDERICK C. MILITELLO, JR. is Founder, President and Chief Executive Officer of FinQuest Partners LLC, a New York-based firm offering corporate financial consulting, investment banking services, and corporate training on a wide range of financial and business topics. He has consulted to leaders in many industries, including Apple Computer, Georgia-Pacific, Gillette, Johnson & Johnson, Mead, Northwest Airlines, National Semiconductor, and Warner-Lambert. As Managing Director for Chase Manhattan's Merchant Banking and Treasury Management Groups, he advised and assisted hundreds of corporations in improving their global fund raising and financial risk management strategies.

For the past decade, he has served as an adjunct professor of international business at New York University's Leonard N. Stern Graduate School of Business. He is also is a regular speaker at international business conferences sponsored by Financial Executives International, the American Management Association, the Canadian Management Association, Management Centre Europe, and other leading organizations.

His books include The Empowered Organization: Redefining the Roles and Practices of Finance and Foreign Exchange Risk Management: A Survey of Corporate Practices (both with Henry A. Davis); and A Strategic Role for Treasury.

DR. MICHAEL D. SCHWALBERG is a psychologist at Hudson Valley Psychology Associates, specializes in providing consulting and coaching services to executives. He has worked with executives from many of the world's leading organizations, including American Express, Banco Popular, Bristol-Myers-Squibb, and Unilever.

Dr. Schwalberg graduated Phi Beta Kappa from Emory University, received his doctorate in psychology from the State University of New York at Albany, and interned at Brown University. He has worked on research projects at Brown University, The State University of New York at Albany, Fairleigh Dickinson University, and The New York Hospital - Cornell Medical Center. He was commissioned by the Financial Executive Research Foundation to study emotional intelligence and associated leadership competencies as they relate to financial executives. This research culminated in the co-authorship of this book.

From the Back Cover

How 8 world-class companies transform financial managers into outstanding business leaders.
Financial leaders can no longer succeed on financial skills alone. Today's most successful companies have discovered that "leveraged competencies"—"soft" or "leadership" skills—are even more crucial to success. Leverage Competencies is an indispensable guidebook for enterprises that want their executives to have all the emotional competencies and leadership skills they need to thrive at the very highest levels of the organization.
Drawing upon in-depth research at eight outstanding global companies, top financial consultant Frederick C. Militello, Jr. and leading executive psychologist Dr. Michael D. Schwalberg have compiled today's most promising approaches to financial leadership development. From creativity and adaptability to communications and teamwork, each of the companies they profile has found its own path—and each company's approach offers powerful insights for your enterprise. * Unilever- Financial executive as "consigliere"Teaching financial leaders to act as confidantes at the highest levels* Air Products and Chemicals- Deeper personal assessmentsSimulations and other creative approaches to evaluation* Bristol-Myers Squibb- The crucial role of adaptabilityEncouraging the flexibility to handle non-stop change* W.L. Gore- Strategic vision can be taughtMaking sure finance keeps its place at the decision-making table * Synovus- Defining clear leadership models Specifying valued behaviors-and making them central to leadership programs* Dana- Hiring from the right environmentsHiring leaders and team players from compatible military and sports backgrounds* Solvay Polymers- Formalized mentoringCoaching and mentoring programs that involve the entire company* Nortel Networks- Building on existing tools and processesIdentifying the performance dimensions most relevant to finance
Leveraging Competencies is one of a new series of books sponsored by the Financial Executives Research Foundation, a nonprofit affiliate of Financial Executives International, the preeminent professional association for senior financial executives, representing 15,000 financial executives worldwide. The Research Foundation, established in 1944, funded the research and case studies in this book.
Building non-financial skills that are welcomed at the decision-making table
Promoting strategic vision, innovation, and entrepreneurial drive
Strengthening the "soft" communication and motivation skills that are crucial to success
Helping financial managers adapt more effectively to constant change
Propagating core corporate values throughout your leadership elite
The days of the "bean counter" are gone! But as you strive to deepen and broaden your financial leadership skills, is your company giving you the guidance you need? And if you're already a financial leader, are you successfully grooming tomorrow's leaders to meet the extraordinary challenges they'll face? Whether you're at the top or climbing the ladder, Leveraging Competencies will show you how today's best companies are helping executives strengthen the critical non-financial leadership skills that are crucial to success at the top of today's complex organizations.
Leading financial consultant Frederick C. Militello, Jr. and renowned executive leadership consultant Dr. Michael D. Schwalberg present detailed case studies from eight of the world's best companies- Air Products & Chemicals, Inc., Bristol-Myers Squibb, Dana Corp., Nortel Networks, Solvay Polymers, Synovus Financial, Unilever-HPC, and W.L. Gore & Associates. Collectively, these case studies offer unprecedented insight into the art of transforming capable financial managers into outstanding business leaders. "Clearly, in today's uncertain markets, companies increasingly need to look to finance to play an increased leadership role in enabling shareholder value. If you want to know what to look for in both the hiring and development of financial leaders, then this is the one book you should definitely read."—Peter H. Williams
Chairman & CEO
Datek Canada Financial Services, Inc.

Edition details

• Publisher: Financial Times/ Prentice Hall
• Publication date: 2002
• Language: English
• ISBN 10: 0130087580
• ISBN 13: 9780130087584
• Binding: Hardcover
• Number of pages: 256