Why Women Make Better CFOs

 

BREAKING: The number of women CEOs now exceeds the number of men CEOs.... named John. That's progress, you can't deny that. 

Women executives comprise less than a quarter of all corporate leaders in the US.

A recent article by Bloomberg highlights why that might be shifting.  

See: Female CEOs Brought in $1.8 Trillion More Than Male Peers

Why? Women spend their careers being promoted on past performance while men are promoted for "potential." It stands to reason that women have more experience and expertise at equal points in their careers, such as at the moment they are promoted to CFO. Women have to be better performers than their males peers, and that explains why their performance is stronger.

A research study by S&P Global Market Intelligence analyzed 6000 companies over 17 years and found that, "within 24 months of appointing female CFOs, companies saw an average 6% increase in profits and an 8% better stock return compared to performance under male...

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How to Audaciously Envision Yourself as CEO

 

"All your dreams can come true if you have the courage to pursue them." - Walt Disney

If you believe that you have CEO (or other high-influence) potential, but strive for lateral career progression, something's not matching up. Actually visualizing yourself in such an executive role may require more than just a passing nod. You may, you must, be able to conjure the vision of yourself in this role. 

Doing so requires courage.

Luckily, courage is free.

If what you need is to get permission to have such an audacious vision and personal goal, give it to yourself. Or if you need a mentor to evaluate your vision before you step into that "courage" part of the deal, here. I hereby give you permission. Now go do it!

Watch this video for a full pep talk on seeing your ultimate career achievement, and then achieving it. 

Challenge at 8:35: I challenge you to shift into a courageous mode and take action within five days of seeing this video. Send an email to me at the email address I...

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