Quality advantages of Entrepreneurial Operating Systems (EOS) from Sam McQuade CFO of Panterra Finance
Quality advantages of Entrepreneurial Operating Systems (EOS) from Sam McQuade? A Professional EOS Implementer® is someone who helps entrepreneurial leaders: Achieve companywide alignment on their vision. Gain real traction against that vision. Create healthy teams and culture through masterful EOS implementation. EOS Implementers use the proven, simple, and practical tools of EOS to help leaders strengthen all Six Key Components™ of their business. Implementers are experts at: Teaching every tool in the EOS Toolbox™ Facilitating clarity, alignment, and resolution Coaching EOS® purity and accountability, and helping the leadership team become its best. Get matched with an EOS Implementer who can help you discover how EOS will transform your business. Read more info at Sam McQuade CFO of Panterra Finance.
CFOs usually are responsible for key finance functions which have included broad categories of accounting, treasury, financial planning and analysis (FP&A), controls, compliance, tax, and audit. Going forward towards 2022, the same functions exist, but they are getting more automated, so the CFO can focus more on forward perspectives. Storytelling requires strong emotional intelligence and solid communication skills. Here’s the four key areas the CFO can be messaging: Why & Purpose: Communicating the “Why” is one of the strongest messages the CFO can deliver. It’s not only the reason for the corporate existence, but it’s also very motivational for all the stakeholders. This message should be repeated frequently and consistently to make people feel the genuine purpose.
While surveying the landscape of the 21st Century economic climate, Sam McQuade, CFO, CEO and Financial maverick realized that the benefits of the gig economy and off-site personnel had hit the preverbally glass ceiling at the executive floor. Large established companies, corporations and organizations were captive of contracted executives. These executives could be effective and efficient however they could also be playing the game of international finance with obsolete rules, models, and ideas.
Before getting into how your business can benefit from a DAO, let’s take a look at some examples of real-life DAOs. Uniswap is a decentralized exchange built on the Ethereum blockchain. It allows users to trade tokens without the need for a centralized exchange. The Uniswap team has created a smart contract that governs the exchange. The smart contract automatically matches buyers and sellers and executes the trades. Anyone with a UNI token can participate in the governance of the Uniswap exchange.
Selling your business or looking to buy others? Our experts can lead the deal and make sure that you have a thoughtful ownership transition. We are happy to provide second opinions on valuations as well so you have another perspective and feel better before your close the deal.
A DAO is a decentralized autonomous organization that is run by smart contracts on the Ethereum blockchain. It is an organization or company that is not centrally controlled by any one person or entity. Rather, it is governed by code that is written into the smart contracts. This code can be modified or updated by anyone who has access to the DAO’s GitHub repository. To put this into perspective, imagine a traditional company or organization. There is usually a board of directors or executive team that makes all the decisions about how the company will be run. With a DAO, there is no such thing. The code that governs the DAO is open source and available for anyone to view and audit. In this new scenario, an organization can be run by anyone in the world who has an internet connection.
Many small and mid-sized organizations employ a bookkeeper or controller who maintains the financial system and records transactions in an accurate and timely manner. The CPA produces the tax returns and some basic performance analysis quarterly and at year-end. However, this leaves a significant gap in terms of the information and management reporting available. Business owners and entrepreneurs may lack the critical financial information needed for informed decision making; and for external purposes such as presentations to lenders or investors.
Searching to hire your very first CFO or need interim coverage? We offer CFOs for immediate short term objectives and longer term engagements. Adaptable with fair pricing so you solve the needs of your business and don’t have to rush into a potentially bad and costly full time hire. The Fractional CFO and Interim CFO experiences gained by the executives assigned to these positions throughout Panterra Finance offers them a broad perspective of the dynamic changes in international markets. The part time CFO executives at Panterra Finance have access to worldwide teams that are proficient in and have initiated innovative strategies in projects centered on DeFi, Blockchain, Bitcoin, Ethereum, Crypto, Tokenization, ICO, IDO, and STO services. Read more info on https://list.ly/sam-mcquade.
Fractional CFOs can help companies: Develop existing employees and hire new ones that bring essential knowledge and skills; Implement systems that will support sustainable growth; Improve visibility and analytical capabilities to convert large amounts of data into actionable information; Explore causes of revenue leakage, cost overruns, and operational friction in a growing business and develop potential solutions. A fractional CFO is also often brought into an organization to help achieve a particular goal, such as raising capital or preparing for a sale, merger, or acquisition. Most fractional CFOs have helped raise hundreds of millions of dollars of debt and equity funding for multiple companies, and have helped oversee a number of mergers and acquisitions.