A lot is expected of financial executives in the positions they hold in a company. Their leadership strategies can make or break a company. Too bad there are very few inarguable quantifiable ways to determine an excellent executive from a typical one. Apart from the many expectations shareholders might have the executives such as monitoring the type of decisions they make, evaluate the company’s sustainable model among others, it is up to the executives to ensure the long-term success of the company in every way possible. Several factors are vital for the company’s long-term success than merely quality management. They need to have due diligence and a clear vision for the business.
Various business leaders have their effective ways of managing a business as per required and ways of creating value. Since the financial world has gone into the spotlight, financial executives have a bigger job to handle than what an outsider may perceive. In every endeavor they make, they have to make sure that they establish a reputable organization with good/ right people and ensure that the right incentive structures are put in place to propel the business forward. Competency in every aspect is vital, and financial executives should exude this.
Recently, the new CEO of Imaging Technologies Corporation (ITEC) a top developer of color management software and an integrator and service organization for digital imaging hardware disclosed his plans for the company. As his way of execution and organization, Bonar has come up with the company’s new business plan that comprises of integration of its current acquisitions. Over the last twelve months, the company has transformed from a developer to a service organization. Through strategic acquisition, the company has expanded its outreach market to providing imaging products and services. He has also spotted a way to serve the company’s target markets only to mention but a few of his plans for the company.
It is imperative to add that Mr. Bonar has the compelling traits that match his roles as a financial executive who has been able to impact immediately on various companies’ performance throughout his career. Brian Bonar is also the chairman and CEO of Dalrada Financial Corporation prior to serving as the vice president of Corporate Resources, a post he has served since October 2003. Bonar has extensive experience and vast knowledge in the financial world dating from James Watt Technical College where he obtained Bachelor’s Degree in Technical Engineering. Bonar has proved his unrivaled access to various company performance as well as forming opinions and supporting his insights and decisions. He has worked for TRUCEPT, IBM, and U.K for almost 17 years among other companies.