This week, we spoke with the company's Chief Financial Officer Mike Dost. He gave us a comprehensive overview of his role as CFO, his educational background, his career path, and his progression and thought process as he made big decisions regarding his career. One of the most interesting topics that he covered was about the relationship between a CFO and a CEO. Both of these roles require leadership and decision making that trickle through the company, and ultimately, affect everybody within the company.
I asked a question to see how he balances his responsibilities with Rick's (the CEO) responsibilities. Mike said that conflicts about the means, not ends, can be muddled through. I thought that this was an important distinction to keep in mind in any and every work setting, regardless of who is involved in the conflict resolution. He noted that an important part of the CFO/CEO relationship is being in alignment (not necessarily agreement), which I also found to be insightful. Mike spoke about his leadership style. He often looks at the end goal, relying on the people he overlooks to figure out the particulars on how to achieve that goal. Mike acknowledges that people might have a different approach to a problem, which is why being in agreement is not always crucial when dealing with conflicts. As long as everybody is 80% aligned with the ultimate objective, the company can continue to run as a well oiled machine.
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