Added an objective perspective to the C-suite, served in a mentoring capacity and provided needed leadership to the finance team’s budget, analysis, and communication processes.
A venture backed life sciences company needed expert support to help its management team communicate more effectively with its investors and board of directors (BOD). Based on the growth and maturity of the business, the investors proactively sought an executive advisor who could:
The organization engaged one of Focus Search Partners’ (FSP) highly experienced interim CFOs with strategic planning expertise.
budget allows for adequate cash cushion
status report keeps board well-informed
financial postmortem signals budget variances