This punchy and practical book is packed with ideas and suggestions about making your business more efficient and a happier place to work. David’s easy style makes this book a refreshing read, which will invigorate you to bring positive change to your business.
Feedback on the earlier editions Winning CFOs, Pareto’s 80 20 rule for the Corporate Accountant
“Mr. Parmenter has created yet another fine management reference tool with his Winning CFOs book. It reveals how a CFO can be a better manager, and run an accounting and finance function that delivers world-class results. Highly recommended reading for the CFO who is committed to self-improvement.”
“In these challenging times decision makers across the organization are looking to the CFO for more timely and insightful information. But for many CFOs this remains a pipe dream. Most of their time is spent on budgeting, reporting, and the month-end close. In this timely book, David Parmenter provides CFOs and their finance colleagues with a number of practical guidelines that will enable them to spend less time on the basic accounting routines and more time adding value and becoming a valued business partner.”
“The CFO can make a major contribution to value creation by the use of information focusing on the critical value drivers in the business. These practical tools and techniques will be invaluable to the busy CFO.”
“What we expect from a David Parmenter publication: thought provoking yet very practical: a ‘how-to’ guide that is a ‘must‑get’ and ‘must‑implement’. David’s use of checklists and planners makes this a very effective toolkit for all CFOs wishing to ‘win through’
“Winning CFOs shows CFOs how to be a leader and business partner. David Parmenter has come up with the perfect blend of intuitive, practical, and insightful advice.”
Great book, great ideas… inspiring! (or, at least as inspirational as you can get I guess, for a book about accounting)
I first got track on David Parmenter, when I searched for help on rolling planning. Via the website [..] I found his articles and a link to his website. Quarterly Rolling Planning and KPIs is really his thing.
What I like in this book is the pragmatism and the directness. No fuzz. The clear way the examples are described enabled me to mimic some in Excel, like reporting a business unit’s performance.
There is attention for your own personal development and it describes the marketing of your own financial department. It contains practical things that you can incorporate in your daily work right away. David describes his work from inside, tells about the relation with the people around him and the way to organize the work and to how to develop yourself and others. He incorporated better practices of people that attended his workshops. Really a hands-on book. A book that stimulates you to change the way you work. Thanks David for displaying your knowledge and experience.
I first came across David Parmenter’s work on [www.davidparmenter.com] where he has a number of articles and webinars posted. What I like about his work is it’s very practical. I’ve been in Finance for twenty years and most of the stuff I read is interesting but not very useful in the daily life of an accountant or analyst. This is probably because it is written by consultants who don’t work day to day in the trenches and usually are just trying to push their latest version of the holy grail. Parmenter seems to have spent most of his career actually working in Finance so knows what he is talking about. His recommendations can be applied right anyway and don’t need major system changes. His sections on reducing the close cycle and implementing a quarterly rolling forecast are particularly good. He also has a book on KPIs which I have not read but if it’s as good as his Webinar it will be well worth the money. Buy the book and check out his website at [www.davidparmenter.com] which also has lots of good content.
I had the book and recently had the pleasure of attending a workshop with David Parmenter. He really has this topic down pat. Everything he suggests makes life easier, not harder and there is no loss of value to the business. If you read only one accounting book this year, make it this one. It will revolutionise your reporting cycle, and you’ll produce monthly reports that people might actually read. Great practical advice that translates well into many industries. I have implemented several concepts into my business with solid results.
Implementing and applying better practices is an update to David’s original book, Pareto’s 80/20 Rule for Corporate Accountants. This book is not just for CFO’s but for anyone who is head of a finance team. The book is packed with great ideas that will guide you through a number of key initiatives to move the finance department from a transaction processing and reporting function, into a function that can provide modern business partnering and support to the rest of the business. David offers clearly written and practical guidance on how to go about implementing these initiatives, including checklists to make sure you address the key points as you go.
From implementing initiatives to reduce the length of the month and year end reporting cycles using ‘post it’ re-engineering brainstorming sessions, better management of the finance function to implementing quarterly rolling forecasts, and marketing the finance function to other area of the business. This book is a must read to any new finance departmental manager, and there are some great new ideas in here for anyone that has been running a finance function for some time .
David Parmenter provides great tips on various areas necessary for a successful finance team leader, including CFOs. His best practices related to more timely month-end reporting and quarterly rolling forecasting will improve the ability to monitor financial performance more real-time and more cost-effectively. His suggestions on exemplifying traits of a winning leader remind one of the importance of relationship-building and handling crisis management. His tips on key performance indicators move theory into practice. The checklists and guidance provided are useful to anyone interested in creating a more effective finance and accounting team