Award Criteria Requirements
The context in which a CFO functions, including transparency of financial reporting, highest standards of corporate behaviour, non-aggressive accounting practices and a commitment to good corporate governance consistent with current standards and evolving guidelines will be considered in assessing potential candidates.
Vision and Leadership
Through sound business acumen, astute foresight, and the ability to lead and inspire, the CFO has guided his or her organization to a new level of growth, financial achievement and recognition.
- Please submit a one-page statement that outlines the vision shown by the nominee, highlighting leadership ability. This may include specific situations or initiatives where a nominee’s insight, judgement, and ability to lead and inspire have shaped the success of his or her organization.
Corporate Reporting and Performance
Full and fair disclosure, sound financial management, integrity and a commitment to ethical business conduct are central to the role of CFO and consequently, to his or her organization's financial performance.
Social Responsibility
In addition to a commitment to integrity and a passion for the future of Canadian business, the CFO applies his or her influence, skill, and creativity to make a significant contribution to the profession and to the community.
- Please include a one-page description of how the nominee has used his or her skills and creativity to contribute positively to the community. Describe the strategy and the resources committed to this initiative and the benefits derived as a result.
Innovation
As an innovator, the CFO can transform and shape the successful financial performance of his or her organization while exercising sound business judgment and demonstrating excellence in his or her field.
- Please provide a one-page description of how the nominee’s organization has an innovative approach to its employees, customers and overall financial processes. Include evidence that indicates why this innovative approach has demonstrated excellence in this particular field.
Business Complexity
The traditional methods of dealing with customers' requirements for quality, cost and delivery necessary for profitable growth are no longer adequate. Increasingly, organizations are required to anticipate changes in the marketplace and be proactive in developing creative solutions that provide value to their stakeholders. Today's CFO plays a key role in enacting this intuitive and proactive approach to managing change and turning it into a competitive advantage.
- Please provide one-page description of initiatives undertaken by the nominee to provide a better approach to dealing with escalating complexity.
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