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Strategic Leader Development for Government Financial Managers


Strategic Leader Development for Government Financial Managers FSIO Conference, March 12, 2009 Government Strategic Leader Strategic thinking Collaboration and cross ... – PowerPoint PPT presentation

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Title: Strategic Leader Development for Government Financial Managers

Strategic Leader Development for Government
Financial Managers
  • FSIO Conference, March 12, 2009

Government Strategic Leader
  • Strategic thinking
  • Collaboration and cross-boundary leadership
  • Focus on the enterprise
  • Leveraging resources
  • Executive communications, ethics, integrity, and
    commitment to public service

Strategic Thinking
  • Build a shared vision
  • Think systematically
  • Cope with uncertainty and ambiguity
  • Think creatively and innovatively
  • Leverage cognitive strengths

Collaboration and Cross-Boundary Leadership
  • Build and enable mutually beneficial
    relationships across organizational boundaries
  • Sense commonalities and opportunities
  • Learn continuously

Focus on the Enterprise
  • Develop a shared vision on enterprise goals
  • Have a broad enterprise understanding of org.
  • Incorporate multi-dimensional decision-making
  • Understand the linkages between enterprise
    planning, performance, and budgeting
  • Cope with ambiguity and uncertainty

Leveraging Resources
  • Bring together and enable and empower the best
    contributions of people, teams and leaders
  • Leverage information and information technology
  • Secure and sustain financial support for current
    and future mission priorities
  • Partner innovatively and pragmatically to achieve
    synergistic results

Executive Competencies
  • Write / speak well in various settings at an
    executive level
  • Commit to public service
  • Demonstrate integrity, honesty, and ethical
  • Commit to lifelong learning
  • Be introspective

CFO Academy
  • In 2007, the CFO Council determined that
    financial managers needed to strengthen their
    knowledge and understanding of
  • federal financial policy and organization,
  • strategic leadership and change management,
  • performance management and accountability, and
  • portfolio management.

CFO Academy
  • To prepare middle- to senior-level members
  • of the government financial management community
  • for senior 21st Century management and leadership
  • Financial management community includes
    personnel responsible for accounting and finance,
    budget and cost analysis, internal controls and
    auditing, financial systems, and resource

The Changing World of the CFO Course
  • The Changing World of the CFO consists of 20
  • Strategic Systems Thinking
  • Leadership for the Future
  • Change Leadership
  • Risk Management, Internal Controls, Audit
    Coordination Trends Issues
  • Transparency and Accountability
  • The Future of Financial Management
  • Financial Systems Leadership
  • The Future of Financial Standards and Reporting
  • Decision Support Strategies
  • Performance Measurement
  • Multi-agency Collaboration
  • Budget Formulation and Execution Strategies

CFO Leadership Certificate
  • Curriculum

CFO Leadership Certificate Courses
  • Changing World of the CFO
  • Focuses on the changing environment of the
    federal Chief Financial Officer (CFO),
  • and provides an overview of the essential
    elements of the current and future roles
  • of government CFOs and their staffs.
  • Federal Budgeting and Financial Management for
    Strategic Leadership
  • Focuses on strategic understanding of the
    players, roles, structure, responsibilities,
  • and rules of Federal budgeting, appropriations,
    and financial management.
  • The Capital Planning and Portfolio Management
  • Focuses on state-of-the-art strategies for
    portfolio management, with an emphasis on
    assessing, planning, and managing information
    technology (IT) as a portfolio of investments.
  • The Future of Financial Reporting
  • Under development, will be scheduled in Academic
    Year (AY) 2009/2010.
  • Auditing, Internal Controls, and Risk
  • Under development, will be scheduled in Academic
    Year (AY) 2009/2010.

CFO Leadership Certificate Courses
  • Decision Support, Strategies Tools
  • Under development, will be scheduled in Academic
    Year (AY) 2009/2010.
  • Government Business Enterprise Transformation
  • Frames the initiatives, strategies, and
    opportunities for transforming the Federal
    Governments business operations
  • that provide capabilities, resources, and
    materiel to the government employee (such as
    global warfighters or
  • disaster recovery staff).
  • Leadership for the Information Age
  • Examines Information Age leadership and
    organizations and describes the successful
    Information Age leader and
  • organization as constantly learning and adapting
    to an increasingly complex, changing, and
  • environment.
  • Enterprise Information Security and Risk
  • Explores the practical challenges of assessing
    and managing information security risks when
    developing an
  • enterprise information security program.
  • Enterprise Architecture for Leaders
  • Presents enterprise architecture (EA) as a
    strategic capability organizational leaders use
    for enterprise planning,

CFO Leadership Certificate Courses
  • Multi-Agency Information-Enabled Collaboration
  • Evaluates the strategies, means, and information
    models needed for effective multi-agency
  • collaboration in planning, decision-making and
    implementation of national security operations,
  • including stabilization and reconstruction, and
    homeland security and national preparedness
  • operations.
  • Enterprise Strategic Planning
  • Conducts an assessment of the various elements of
    The National Security Strategy of the United
  • States of America (information, economic,
    diplomatic, and military power) and supporting
  • strategies (e.g., National Strategy for Homeland
    Security, National Strategy for Combating
    Terrorism, National
  • Defense Strategy, National Military Strategy,
    etc.) to understand the strategic direction of
    the Federal Government
  • and its impact on their organization.
  • Continuity of Operations
  • Outlines the major elements involved in
    developing and implementing effective continuity
  • operations plans for government agencies.

CFO Leadership Certificate Courses
  • Measuring Results of Organizational Performance
  • Provides strategies and techniques for assessing
    organizational performance results as part of the
  • strategic planning and budgeting process required
    to fulfill regulatory oversight requirements
  • GPRA, Clinger-Cohen Act, Presidents Management
    Agenda, PART).
  • Building an IT Business Case
  • Constructs program-level development and
    presentation of an effective IT acquisition
  • case that support agency IT capital planning and
    investment control and successful OMB IT
  • investment review.
  • Information Technology Project Management
  • Advances project and program management in an
    Information Technology (IT) context using
  • industry-accepted project management processes,
    e.g., the Project Management Institutes (PMI)
  • Project Management Book of Knowledge framework,
    and project management concepts.

Instructional Formats
eResident Courses
Distributed Learning Courses
  • 1 week of online preparation
  • 1 week in residence at Fort McNair
  • 3 weeks to complete academic assignments for
  • 8 courses in four years
  • 1 week of online preparation
  • 12 weeks of online coursework
  • 3 weeks to complete academic assignments for
  • Global, 24/7 access
  • 8 courses in four years

CFO Academy Admission Criteria
  • A nomination from senior financial manager
    regarding leadership potential
  • At least a GS 14, 0-5, or equivalent rank
  • A bachelors degree from a regionally accredited
  • At least three years of financial management
  • Knowledge of financial management as evidenced by
    one of the following
  • An undergraduate or graduate degree in a business
    related field
  • A Certified Government Financial Management
    (CGFM) or
  • A Certified Defense Financial Management (CDFM)
  • C.P.A. Otherwise qualified students who do
    not meet this criterion may be admitted
    conditionally to two courses, while they earn
    CGFM or CDFM.

More Information
  • More information can be found on the Colleges
    website at http//
  • Elizabeth A. McDaniel, Acting Director, CFO
    Academy, and IRM College Dean of Faculty and
    Academic Programs at
  • 202-685-3884,