☰
☰
View Cart 0 Item
☰

PC4 This code refers to content for Level 4 Leader (C Suite CEO/CFO) in professional & commercial skills ? Professional & commercial skills

What do they look like?

Your skills now empower others and you keep teams on track to meet the needs of the organisation so that it keeps going in the right direction. You are the key driver and keep all stakeholders engaged to ensure success.

Professional skills include commercial awareness, self-management, and a recognition of the culture of the organisation and broader business, economic and political contexts.

Development activities
Career development support
Courses & publication
Future of the profession

Influencing - What are the landmarks?

  • You are skilled at stating an opinion with confidence and impact: you present complex concepts strongly, persuasively and convincingly
  • Deal with difficult on-the-spot questions from internal and external stakeholders
  • Anticipate and build on other's reactions to keep momentum and support for an approach
  • Explore creative solutions with others to overcome challenges
  • Accomplished at managing conflict; the ability to identify key issues, find creative and mutually acceptable solutions, and reduce the emotions that prevent a resolution

Agile thinking - What are the landmarks?

  • You can think creatively in response to challenges from internal and external environments and stakeholders. You can devise and adjust strategy in response to change and challenges

Resource management - What are the landmarks?

  • Ensure resources are in place to enable line management to achieve strategic objectives

Resilience/endurance - What are the landmarks?

  • You show resolve and commitment to your decisions and continue with your chosen path even in the face of opposition or resistance
  • Endurance and hard-working
  • You are loyal, dedicated and tenacious
  • Remain calm, composed and maintain concentration and focus in a crisis thereby setting an example to and reassuring others
  • Put things in perspective and don't react emotionally to or take criticism personally

Professional values - What are the landmarks?

  • Have strong professional values including integrity, impartiality, intellectual honesty, objectivity, respect and confidentiality and encourage these values in others and within the profession
  • Demonstrate a commitment to quality, continuous improvement and accountability for decisions and actions
  • Display a commitment to the public interest and acting for the public good
  • Exercise professional scepticism and judgement

Developing talent - What are the landmarks?

  • Delegate authority and responsibility with the capacity to do a task in your own way. Empower and encourage others to take the lead and learn new skills
  • Promote the sharing of expertise and support learning opportunities across the organisation
  • You are transparent about staff's potential to take over new responsibilities and ensure that an effective succession plan is in place for talent.

Stress management - What are the landmarks?

  • Can recognise the triggers and impacts of stress. You have ways to positively manage the stress levels associated with your role and level
  • You recognise the symptoms of stress in others and encourage and support them to take the appropriate actions.
  • Maintain a consistently high standard of work when working under exceptional and sustained demands and pressure

Stakeholder engagement - What are the landmarks?

  • Meet stakeholders needs and ensure their objectives are met. Adjust strategic direction to achieve this where necessary
  • Build high level relationships and partnerships with internal and external stakeholders. Leverage these to the maximum benefit of the organisation

Performance improvement - What are the landmarks?

  • Translate organisation strategy into concrete actions that improve organisation performance
  • Work closely with line management to ensure that they are motivated and they have the resources to improve organisation performance

Self-mastery/emotional intelligence - What are the landmarks?

  • As a leader who drives change, you can see, understand, control and evaluate your own emotions and those of others. This enables you to influence, motivate and inspire those around you. You have the ability to reflect on your own strengths and development needs and have the discipline, focus and will to use these for the benefit of others.

Performance management - What are the landmarks?

  • Devise and define the objectives and goals for the organisation. Work with line management to monitor, review and interpret performance
  • Translate business opportunities into concrete measures that benefit the organisation

Negotiating skills - What are the landmarks?

  • Encourage the use of and demonstrate competence in more than one style of negotiation and adapt your approach depending on the counterpart and context

Career management - What are the landmarks?

  • Invest time in planning and preparing for the next stage of your career. Seek and use professional support with the development of a career plan

Organisational alignment - What are the landmarks?

  • Ensure your management team aligns people, processes and structures with the needs of the strategic direction of the organisation

Organisational knowledge - What are the landmarks?

  • Use your indepth knowledge of corporate politics to handle complex situations effectively with tact and discretion
Back to Top

Development activities

How can you get there?

Here are our suggestions for boosting your skills in the three main areas at this stage of your career.
Don't forget, many of these are FREE!

  • Continue to refer to and use this Career Pathway template to set goals, improve performance and identify gaps
  • Continue to work with you Chartered Accountants Ireland career coach or mentor
  • Enhance your professional brand and profile
  • Consider media training
  • Mentor junior staff members
  • Develop a career or personal development plan
  • Keep a reflective learning journal
  • Review performance appraisal feedback and act on it
  • Keep up with your CPD training needs
  • Join a board
  • Read Chartered Accountants Ireland publications and Accountancy Ireland
  • Read "The 7 Habits of Highly Effective People"
  • Refer to Harvard Business Review and Forbes articles
  • Volunteer for cross-functional projects
  • Volunteer for social committees and events
  • Get involved with sports teams
  • Watch TedTalks
  • Develop your LinkedIn Profile
  • Join industry or professional groups
  • Speak or present at events
  • Exercise, yoga, mindfulness
  • Develop your emotional intelligence
Back to Top

Career development support

As a member at any stage in your career from newly qualified to post-retirement, our career service is here to support you. In full confidence, we'll coach you, help with your CV, give interview preparation tips, set up mentoring, help you find a role, or to find the best staff. Call us anytime you need us on +353 1 637 7331 or email us at careers@charteredaccountants.ie. We want to hear from you.

Back to Top

Courses & publication

Recommended specialist qualifications

Title Date (closing application)
Certificate in UK and Irish GAAP (FRS 100-102) Open - book anytime Read more
Diploma in Corporate Finance 31 Aug 2018 Read more
Diploma in International Financial Reporting Standards (IFRS) 31 Aug 2018 Read more
Certificate in Leadership Essentials 14 Sept 2018 Read more
Diploma in Strategic Finance and Analytics 14 Sept 2018 Read more
Diploma in Taxation 15 Sept 2018 Read more
Certificate in Cyber Security and Data Incident Management 21 Sept 2018 Read more
Advanced Certificate in US GAAP 1 Oct 2018 Read more
Diploma in Risk Management, Internal Audit and Compliance 5 Oct 2018 Read more
Chartered Tax Consultant TBC Read more
Diploma in Forensic Accounting and Investigation TBC Read more
Back to Top

Recommended CPD courses

TitleStart datePriceCPD hours 
CPD Blitz Red Cow17 Dec 2019 8Read more
Back to Top

Recomended CPD online courses

TitleStart datePriceCPD hours 
Performance Conversations01 Jan 2019 4Read more
Board of Risk Appetite Recorded01 Jan 2017 2Read more
Directors Duties Recorded01 Jan 2017 6Read more
Family Business Management Recorded01 Jan 2017 2Read more
Back to Top

Recommended publications

 TitlePrice 
A Practical Guide for Company Directors€40.00Read more
A Practical Guide to Corporate Governance€35.00Read more
A Professional's Guide to Understanding Stress and Depression€5.00Read more
Capital Gains Tax: A Practitioner's Guide (2nd Edition)€80.00Read more
Capital Investment: A Guide to Making Better Decisions€40.00Read more
Corporate Governance for the Irish Arts Sector€24.99Read more
Corporate Social Responsibility: A Guide, with Irish Experiences€25.00Read more
Digital Marketing€16.99Read more
Family Business: A Survival Guide€19.99Read more
Leading with Integrity: A Practical Guide to Business Ethics€30.00Read more
Managing Professionals and Other Smart People€34.99Read more
Meaningful Performance Reviews€16.99Read more
Small and Expanding Businesses: Getting the Tax Right€45.00Read more
Strategic Cost Reduction (2nd Edition)€26.99Read more
The Essential Manager: 30 Core Elements of Leadership€17.99Read more
The Natural Presenter: Turning Conversations into Presentations€18.00Read more
The Valuation of Businesses and Shares (2nd Edition)€45.00Read more
Your Brand: Advance your Career by Building a Personal Brand€17.99Read more
Back to Top

Future of the profession

IFAC

Title Source
Future-Fit Accountants: Roles for the Next Decade See PDF
Source
A Vision for the CFO & Finance Function See PDF
Source
Evaluating the Finance Function See PDF
Source

CPA

Title Source
What’s next for the profession? Foresight initiative makes urgent case for change See page
Source
Back to Top

Professional & commercial news

12345678910...
Back to Top

Was this article helpful?

yes no

Useful links

Get in touch

Dublin HQ

Chartered Accountants
House, 47-49 Pearse St,
Dublin 2, Ireland

TEL: +353 1 637 7200
Belfast HQ

The Linenhall
32-38 Linenhall Street, Belfast
Antrim BT2 8BG, United Kingdom.

TEL: +44 28 9043 5840

Connect with us

Something wrong?

Is the website not looking right / working right for you?
Browser support
CAW Footer Logo-min
GAA Footer Logo-min
CARB Footer Logo-min
CCAB-I Footer Logo-min

© Copyright Chartered Accountants Ireland 2019. All Rights Reserved.

☰