Fiscal Doctor

Dramatically Accelerate Correct Fiscal Leadership Decisions!

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CEOs and Directors: Boardroom Black Holes and Taboos Revealed

Says High Growth ERM expert and Speaker Gary W Patterson, the FiscalDoctor

December 26, 2014 – Birmingham, United Kingdom and Atlanta, Georgia – International enterprise risk management (ERM) expert and speaker Gary W. Patterson boardroom intelligence article  “Boardroom Black Holes and Taboos”  is published by Financier Worldwide http://www.financierworldwide.com/boardroom-black-holes-and-taboos/# .

  • His article lists 20 key areas to help look for the 800 pound gorilla, to position your board to better prioritize which issues to address in more detail and in what order
  • There is a value in an outsider calling out the ugly baby rather than yourself. What C-level executive or board member should consider the points outlined above to help them come to grips with seemingly invisible, unforeseeable issues?
  • Has your organization ever had a fiscal checkup? We’re not talking about some bean counting exercise but rather an operational and strategic assessment of how your organization reflects the true realities of the world you are living in.

Clients call him their FiscalDoctor® and just as every person needs a medical doctor; every organization needs a FiscalDoctor and periodic fiscal checkups. He also supports special projects for risk assessments, enterprise risk management (ERM), operational risk management (ORM), fiscal checkups, corporate governance, strategic planning updates, and strategic growth diagnostics.

About Financier Worldwide

Financier Worldwide is a leading publisher of news and analysis on the global business and finance market place. With leading products such as the monthly print publication, Financier Worldwide Magazine, the organisation has become recognised as a leading source of intelligence to the business and corporate advisory community. www.financierworldwide.com

About Fiscal Doctor Inc.

FiscalDoctor Inc. enables growth through leverage you did not know you had and works with leaders to uncover million dollar holes to make the best business decisions and dramatically accelerate correct fiscal leadership decisions. This helps leaders gain control of their financial destinies and capitalize on hidden high return opportunities, while limiting their exposure to risk.

Patterson, a Big 4 CPA with a MBA degree from Stanford University, speaks regularly on topics such as corporate governance, risk management, strategic contingency planning, achieving corporate financial goals, and building long-term wealth.

His most recent book Million Dollar Blind Spots: 20/20 Vision for Financial Growth provides cutting edge follow-up for blind spots: how to identify them, and exploit opportunities and mitigate risk related to million dollar blind spots. Visit his website at https://fiscaldoctor.com and “free” fiscal fitness test at https://fiscaldoctor.com/fiscal-quiz/ , or call 678-319-4739.

© 2014 Gary W. Patterson. All rights reserved.tel. #.  ###

 

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SMB and Middle Market Directors, CEOs, President & C-Suite

 Strategic Enterprise Risk Management Expert Gary W. Patterson Will Attend National Association of Corporate Directors Board Global Board Leaders’ Summit 2015

Washington DC – Strategic enterprise risk management (ERM) expert and speaker Gary W. Patterson, FiscalDoctor®, will attend the NACD Global Board Leaders’ Summit 2015 hosted by the National Association of Corporate Directors focused on – Risk, Compensation, Nominating and Governance, NACD Directorship 2020®, Future Trends, Social Media & Technology, Global, Story Circle, Audit and Regulatory, Private Company, and Small-Cap Company.

With a new venue, in a new month, and with a new name, the 2015 Global Board Leaders’ Summit will convene more than 1,200 of the world’s leading directors and industry experts with a mission to raise the bar for boardroom leadership across the globe.

Who will be there?

  • Corporate directors, key committee chairs and board chairs
  • Corporate officers and C-suite executives
  • Shareholders, stakeholders, regulators and legislators
  • SMB, middle market and global 2000

Patterson works with leaders to uncover million dollar blind spots: before they find you — to make better business decisions and dramatically accelerate correct fiscal leadership decisions. This helps leaders gain control of their financial destinies and capitalize on hidden high return opportunities, while limiting their exposure to risk.

As a part of their risk management process, it is imperative for management to understand the magnitude of risks in pursuit of their business objectives, and how the organization’s products and offerings and opportunities can be mapped to these risks. Just as every person needs a medical doctor; every organization needs a FiscalDoctor and periodic fiscal checkups. He also supports special projects for business growth, risk assessments, value based enterprise risk management (ERM), operational risk management (ORM), fiscal checkups, corporate governance, strategic planning updates, special board projects or requests and strategic growth diagnostics.

About NACD

The National Association of Corporate Directors is the recognized authority focused on advancing exemplary board leadership and establishing leading boardroom practices. Informed by more than 35 years of experience, NACD delivers insights and resources that more than 15,000 corporate director members rely upon to make sound strategic decisions and confidently confront complex business challenges. NACD provides world-class director education programs, national peer exchange forums, and proprietary research to promote director professionalism, ultimately enhancing the economic sustainability of the enterprise and bolstering stakeholder confidence. Fostering collaboration among directors, investors, and governance stakeholders, NACD is shaping the future of board leadership.

About Gary W. Patterson

Patterson, a Big 4 CPA / Stanford MBA, speaks regularly on strategic contingency planning, governance, risk management, achieving corporate financial goals, and building long-term wealth. His book Million Dollar Blind Spots: 20/20 Vision for Financial Growth provides cutting edge follow-up for blind spots: how to identify them, exploit opportunities and mitigate risks. Visit his website at https://fiscaldoctor.com and “free” fiscal fitness test at https://fiscaldoctor.com/fiscal-quiz/ , or call 678-319-4739.

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Atlanta CTO, CIO and VPs – C Suite Engagement (& Support)

Getting C Suite Engagement (& Support) for Enterprise IT Initiatives

By Gary W. Patterson, Sustainable Profitable Growth Expert and Speaker

 

April 21, 2015 – Atlanta, GA – Sustainable profitable growth and enterprise risk management (ERM) expert Gary W. Patterson, the FiscalDoctor®, will facilitate on Getting C Suite Engagement (& Support) for Enterprise IT Initiatives at an Atlanta Association of Information Technology Professionals, AITP, Chapter evening meeting May 21, 2015. http://www.aitpatlanta.org/

This facilitated discussion will help you unlock funding and support from peers and upper management for your project AFTER you learn insider secrets, which led to over 40 financing, M&A and non-monetary transactions aggregating more than $390 million.

  • Techniques that you can take away.
  • Assure project success and your next opportunity or promotion.
  • Also learn how to re-evaluate when you are better off in the long-term not getting project approval.

This presentation is also available for corporate, strategic and operational topics and as a strategic workshop, all with function and industry specific examples and experiences. www.RemovingRisk.com

About AITP

Founded in 1951 as NMAA and later known as DPMA, the name Association of Information Technology Professionals, AITP, was adopted in 1996. In individual chapters and as a national association, AITP seeks to advance the IT Profession through professional development, support of IT education, and national policies on IT that improve society as a whole. http://www.aitpatlanta.org/

About Gary W. Patterson

The FiscalDoctor has helped over 200 companies internationally in service, manufacturing, technology, construction and distribution. He has worked with SMB, the Fortune 500 and methodically helped 2 companies reach the coveted INC 500 list of fastest-growing private companies in America. Several companies reached 10 x compounded annual revenue growth. He was the European coordinator for a Fortune 500 global supply chain re-engineering software application.  He has successfully negotiated over 25 mergers and acquisitions.

FiscalDoctor Inc. works with leaders to uncover million dollar holes to make the best business decisions and dramatically accelerate correct fiscal leadership decisions. This helps leaders gain control of their financial destinies and capitalize on hidden high return opportunities, while limiting their exposure to risk.

  • Key member of 2 successful INC 500 international companies growing rapidly profitably
  • Recently honored as published thought leader by the Financial Time’s ExecSense service
  • Served on 10,000 business growth initiative as Virtual National VBA

Visit his website at https://fiscaldoctor.com and “free” fiscal fitness test at https://fiscaldoctor.com/fiscal-quiz/ , or call 678-319-4739 for a free 10 minute consultation until June 15, 2015.

 

© Gary W. Patterson. All rights reserved.  ###

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How to be a more successful leader for rest of this year …

With 2015 kicked off, let’s find an extra 1% to make this year even better.

Set aside a quiet two minutes to strategically ask yourself the following questions, considering how your decisions positively or negatively affect your board, employees, and customers.

What’s your success and failure rate on the decisions you’ve made in the past? What can you and your team learn from the results of those decisions, and what adjustments can be made to handle those situations better when they come up again?

Do your decisions from the top trickle down and positively affect your company and its performance? Do your board of directors and fellow C-level employees trust your decisions and empower you to make them on the company’s behalf?

To make the most effective decisions, you need a team that supports you and access to the data that will give you a clear picture of your company and its performance, including its risk management strategy.

Consider the level of risk you are willing to take and whether that lines up with others’ ideas of risk tolerance at your company. Is there alignment? Do you have all the financial performance data you need to see where the company stands against its goals and objectives?

Don’t rush your decision if you don’t have to. You want to plan ahead, thinking of potential problems from all angles, and determining what should be done to correct or adjust each situation. (Your crisis management team may want to be in on this conversation.)

Avoid having to make a decision too quickly with not enough information if something has to be decided hastily. Don’t wait until a major event occurs to decide where you stand on critical enterprise issues.

Let me know if you want to talk more about the value I saw the leaders I help receive or any other questions.

Or, if you know a CEO who is lonely at the top and would like to have coffee and ask what we are telling CEOs in the Goldman Sachs 10000 small business program, have them call.

You can also contact me today at [email protected] to talk about your special situation or project that needs immediate attention. On that note, I look forward to serving you.

(678) 319-4739

Key member of 2 successful Inc. 500 international companies ready to help you next.

Author of Million Dollar Blind Spots: 20/20 Vision for Financial Growth and Stick Out Your Balance Sheet and Cough: Best Practices for Long-Term Business Health

 

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Big profit period ahead for execs who align with 5 point foundation…

As you and I know, when times get tough the pseudo successful

company execs with little insight and integrity think only about

freezing hiring and maintaining or even lowing overhead.

Unfortunately, this “running blind” will cost them more than they

are willing to pay in the long run, but it keeps the shirt on their

back for now (their only real concern).

However, on the flip side, savvy business leaders like yourself can

profit generously from our economic upturn.  How?

Once again, you now have the opportunity to “zig” when most

everyone else will “zag”.  In simple terms, what does this mean

for you in order to leverage our current market to your advantage?

It means getting proactive instead of being reactive.  Sound familiar?

“OK, but what do you mean exactly?”, you ask.

There’s a simple reason top business producers, sports icons,

and any other human being at the top of their game insist on the

leverage a different perspective can bring them, whether it be

analyzing competitors also at the top of their game, or relying on

a coach to uncover their weak points and drive their strong points.

Such is the perspective I want to deliver to you today, so you can

be among the mini icons of our current business opportunity in

order to leverage this situation aimed directly at draining our

pocketbooks.

 

  1. First, do something nice for yourself, I mean something

really nice.  This first step is crucial in getting your mindset in

the right space for successfully achieving the following 4 steps.

 

2. Check-Up: Take your company’s pulse now and ask yourself:

Is it fundamentally weak or strong? Then listen more closely to the

beat. Identify in writing what areas are strong and what areas are

weak.

 

  1. Diagnose: Review your company’s financials and operations –

what can be coined as your company’s lifeblood? Ask yourself:

How well does the blood flow to the company’s vital organs (suppliers,

customers, employees, shareholders)? Where are the blockages

and how do we eliminate them? Where are the openings, and how

do we expand them?

 

  1. Treat. Use your checkup and diagnosis as a guide to develop

a vision of good health (aka risk contingency strategy) that is based

on your company’s internal strengths and weaknesses vis-à-vis the

external environment. Your treatment plan will bolster your strengths

and minimize your weaknesses and put you in a position to seize

market opportunities as they arise.

 5. Adapt. Develop a contingency plan that can adapt to the changing tides of the marketplace while helping you stay the course and remain true to your goals and visions.

As I relayed earlier, there’s no better time than NOW to take

advantage of the hidden opportunities that lie within our economy.

Those of you who roll up your sleeves, take your company’s pulse, and

develop a risk contingency plan will not only turn the next crisis into

opportunity, but will create new opportunities for the next financial

meltdown.

The choice is yours and the stakes are high…

Bottom line? When the economic climate changes as dramatically

and as frequently as it seems to do nowadays, contingency planning

and risk management should be on every executive team’s agenda.

Face your risks squarely and come up with a flexible ERM plan.

Don’t wait until you’re forced to make a Mayday call to a world that

is embroiled in its own crisis. Slim chance anyone will listen…