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I spent the first decade of my career in HR. I spent the next decade keeping my HR and Finance partners as close as possible. The HR (or training) organization becomes the dumping ground for people who struggled to “carry a bag” in the sales function or meet their P & L in an executive role.
EBITDA (earnings before interest, taxes, depreciation and amortization) still matters as does the P&L (profit and loss statement) and the deadline for 2021 projections (who can imagine?!) Targets and goals that were adjusted now loom large as year-end approaches. is just around the corner.
Knowing and communicating your career goals is challenging for even the most ambitious and focused person. In today's work world, careers take numerous twists and turns and the future is often murky. You have to clarify for yourself what you aspire to do with your career before you can communicate it confidently to others.
I've written about the rising significance of soft skills, including in the March 2011 issue of HBR (coauthored with Kevin L. The CIO has to know what's going on in finance and marketing, for instance, and P&L experience is important even for support functions like human resources. You have to be constantly learning.
Two decades ago, organizations were designed around stand-alone business units, so all managers had to understand finance, technology, manufacturing, sales, marketing, strategy, human resources, and more. At one time general managers were at the center of the action.
More than 25 years ago, William Sahlman wrote the HBR article “Why Sane People Shouldn’t Serve on Public Boards,” in which he compared serving on a board to driving without a seatbelt, that it was just too risky—to their time, reputations, and finances—for too little reward. ” Similarly, Sempra CEO Debra L.
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David is a VP who is accountable for a multi-billion dollar P & L business. His wife is a finance director at another company. She's reminded me that each new job is bigger and more demanding so it will be critical to continue to get better and better about managing my time and calendar as I develop throughout my career.".
L EADERSHIP development is a lifelong process. Drawing on her twenty-year career as an advisor to the C-Suite, Davey shares real-world examples and practical tools you and your team can use to handle even the most contentious conflicts as allies?instead Creative Construction : The DNA of Sustained Innovation by Gary P.
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