The Routine of a Successful CFO
By Ava Whitmore, BCG Perspective. In the fast-paced world of finance, the morning routine can significantly impact a CFO’s productivity and leadership. Ken Stillwell, Chief Financial Officer at Pegasystems, shares insights into how he structures his mornings to set the tone for a successful day. His approach not only enhances his efficiency but also influences his team positively.
Starting the Day Early
For Stillwell, being the 6 a.m. CFO isn’t just a title; it's a principle he believes in. Rising early allows him to carve out uninterrupted time to focus on crucial tasks before the day’s meetings and responsibilities crowd in. This dedicated time lets him tackle strategic planning and review financial reports without distraction.
The Power of Preparation
Preparation is key in Stillwell's routine. He often utilizes these early hours to review his calendar, prepare for meetings, and establish priorities for the day. This practice ensures that he transitions smoothly from individual tasks to collaborative sessions with his team. Additionally, he advocates for sharing his prepared insights and objectives with his team, fostering a culture of openness and accountability.
Staying Motivated
A notable aspect of Stillwell's morning is his commitment to motivation. He famously quotes Mike Tyson, emphasizing the importance of mental toughness in achieving one’s goals. By starting the day with motivation in mind, he inspires his team to adopt a proactive mindset that helps navigate the challenges within the financial landscape.
Cultivating Team Dynamics
Stillwell also emphasizes the significance of leadership during morning check-ins. By leading with enthusiasm, he cultivates an environment that encourages innovation and team cohesion. His leadership approach includes listening actively to team concerns and suggestions, which enables him to make informed decisions that benefit the entire organization.
Conclusion: Making Every Moment Count
For CFOs looking to enhance their leadership effectiveness, adopting practices similar to Ken Stillwell’s morning routine can be invaluable. As the 6 a.m. CFO, he demonstrates that the way one starts the day can influence not only personal productivity but also the morale and success of the entire team. To excel in your role, considering a structured morning routine might just be what you need. Embrace your mornings to lead with purpose and clarity!
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