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The hidden cost of optionality: why companies keep too many projects Alive
Most executives have no difficulty launching projects. A new product. A new market. A transformation programme. A strategic initiative. Growth stories are built around what companies choose to start. Far less attention is given to an equally important question: what should they stop? In theory, organisations allocate capital to opportunities offering the highest expected return. In practice, many continue funding projects simply because they have already invested significant
Michel P.
Jun 24 min read


The KPI that never gets old enough to mean anything
There is a particular kind of management dysfunction that masquerades as ambition: the compulsive redesign of the reporting system. New quarter, new dashboard. New investor, new metrics. New priority, new "key" indicators that somehow replace the previous ones, which were themselves key six months ago. The intention is usually good. The result is almost always the same. A reporting system is only as useful as the trust it has built. Trust takes time. The seduction of the smar
Michel P.
Apr 144 min read


The CEO–CFO Operating System: Why the Best Partnerships Separate Ambition from Consequences
Introduction Tensions between CEOs and CFOs are often framed as personality clashes. One is ambitious, the other cautious; one pushes forward, the other slows things down. This explanation is convenient, but it misses the point. In practice, most friction comes from a much simpler issue: timing. CEOs tend to think in terms of opportunities—markets to enter, products to launch, growth to capture. CFOs instinctively focus on consequences—capital required, downside scenarios, li
Michel P.
Mar 194 min read


The investor-grade board pack: how CFOs create control in 10 Slides
Most board packs are thick. Some run to 80 pages, color-coded with a sophistication that would impress a mid-tier design agency. Very few create control. This is not a coincidence. The illusion of control There is a particular comfort that comes from a well-assembled board pack. Numbers reconciled. Variances explained. Everything accounted for — and nothing, quite, decided. The problem is rarely accuracy. The problem is decision relevance. A board pack fails when it becomes a
Michel P.
Mar 55 min read


The good CFO: balancing discipline and value creation
The debate around the “good CFO” is often framed as a choice between two profiles: the cautious one who protects structure, and the bold one who accelerates growth. In reality, that choice does not exist. A purely cautious CFO may preserve stability but slow down value creation.A purely aggressive CFO may drive growth but weaken the foundations. The real role of a CFO is not to choose a side. It is to arbitrate. Balancing financial discipline and value creation. Capital alloc
Michel P.
Feb 172 min read


AI will not save your forecast if your data governance is weak
In 2026, every finance function is experimenting with predictive AI.Dynamic forecasts. Automated cash projections. Machine learning models detecting weak signals. The promise is appealing: faster analysis, sharper anticipation, better decisions. In reality, most projects underdeliver for a simple reason: the issue is not the algorithm. It is data governance. The strength of foundations determines decision quality. The flawed assumption: technology will repair structure Many o
Michel P.
Feb 112 min read


AI & Security: How Finance Leaders Enable AI Without Losing Control of Financial Data
Introduction Most finance teams are already using generative AI. In 2026, the real question is no longer whether AI belongs in finance, but whether its use is intentional, explainable, and defensible . The debate is often polarised. Some portray AI as a data-leak risk that must be contained. Others treat it as a harmless productivity tool. Both miss the point. Generative AI does not make financial information public by default, but it does weaken control if adopted without st
Michel P.
Feb 44 min read


The Part-Time CFO and Crisis Management: The 2026 Method
Introduction “We’ll deal with it when the crisis hits.”This sentence is still common among executives. It sounds pragmatic, but it reflects a misunderstanding of what a crisis really is from an investor’s perspective. A crisis is rarely a sudden event. It is a gradual loss of control : over cash, over visibility, over the ability to make timely trade-offs. In 2026, resilient companies are not those that “react fast”, but those that can steer under constraints . This is precis
Michel P.
Jan 283 min read


The Part-Time CFO Playbook to Reassure International Investors
Introduction “Investors buy a credible story.”The phrase is now widely used, sometimes to the point of becoming meaningless. In reality, for an international investor, a credible story is neither a communication exercise nor a well-crafted pitch. It is factual proof that the company controls its value creation trajectory , its cash , and the risks that could derail that trajectory . The role of a part-time CFO is not to make the narrative more appealing. It is to make it cohe
Michel P.
Jan 213 min read


Strategic Investment Prioritization: Making Every Decision Count
Introduction: The Prioritization Imperative You're staring at seven strategic initiatives. Each promises value. All need funding. But your capital and attention are finite. Which do you choose? By 2026, gut instinct won't cut it. Leaders need disciplined prioritization that marries financial rigor with measurable impact. This article presents a practical method finance teams use today to separate transformative initiatives from attractive distractions. Why Most Prioritizatio
Michel P.
Dec 19, 20253 min read


How a Part-Time CFO Can Deploy a Financial AI Stack in SMEs
The Strategic Opportunity Picture your typical Wednesday afternoon: the founder is negotiating a key partnership, operations is scrambling to fulfill orders, and somewhere in the back office, your finance team is wrestling with three different spreadsheets trying to forecast next quarter's cash position. This scenario plays out daily across thousands of SMEs. The solution isn't hiring a battalion of analysts—it's engaging a part-time CFO who brings the ability to deploy a Fin
Michel P.
Dec 12, 20253 min read


Leading CSRD: The CFO's New Strategic Playing Field
CSRD fundamentally redefines how companies communicate their performance. The Chief Financial Officer is no longer just the guardian of numbers: they become the architect of a narrative that integrates financial results, societal impacts, and climate risks. For a CFO, this represents an exceptional opportunity to expand their influence and lead a transformation that many executives struggle to structure alone. CSRD Timeline: Key Deadlines Not to Miss 2025 : CSRD reporting for
Michel P.
Dec 3, 20253 min read


The CFO's Courage: When Financial Leadership Means Saying No
The Chief Financial Officer is far more than a numbers guardian. At the intersection of strategy, governance, and financial stewardship, the CFO sometimes faces the most difficult act of leadership: resisting the CEO. This isn't opposition for its own sake—it's a sophisticated balancing act requiring analytical rigor, emotional intelligence, and uncommon courage. Why Resistance Is a Fiduciary Duty Safeguarding enterprise value. When a CEO champions an acquisition that could
Michel P.
Nov 28, 20253 min read


Mastering Budget Season: Turn Anxiety into Strategic Advantage
It's that time of year again. Excel files multiply, finance teams work late, and leadership debates whether the sales forecast is "ambitious" or wishful thinking. For many French SMEs and startups, budget season feels like a necessary evil — weeks of effort producing a document filed away until next year. But here's what I've learned: when budgeting is done right, it transforms from administrative burden into strategic weapon. Why Most Budgets Fail Finance locks itself in a r
Michel P.
Nov 7, 20253 min read


Navigating Cash flow challenges in SMEs: The strategic value of Part-Time CFO expertise
Cash flow failure remains the primary killer of small and medium-sized enterprises. Unlike profitability issues that reveal themselves...
Michel P.
Oct 3, 20253 min read


From Uncertainty to Mastery: How SMEs Should Prepare for Currency & Tariff Shocks in 2025
Globalization offers opportunities but exposes French SMEs to unpredictable shocks. In 2025, tariff changes, currency volatility, and...
Michel P.
Sep 22, 20252 min read


The CFO's Playbook for Hyper-Volatility: Leading Through AI and Scenario Planning
In today's business landscape, volatility has become the defining characteristic of financial management. Between inflation swings,...
Michel P.
Sep 3, 20253 min read


# Is Your Company Ready for the Vacation Test? A CFO's Guide to Financial Resilience
When Reed Hastings takes his six weeks of annual vacation—often hiking in mountains as he's publicly shared—Netflix doesn't skip a beat....
Michel P.
Jul 31, 20252 min read


Transforming Financial Forecasting: How AI Empowers Impact-Driven SMEs
In an era of unprecedented market volatility, accurate financial forecasting has become the cornerstone of sustainable growth for...
Michel P.
Jul 10, 20252 min read


What a Part-Time CFO Really Is—And What It Is Not
The term "part-time CFO" often triggers curious reactions. Some imagine a glorified bookkeeper. Others picture temporary financial...
Michel P.
Jun 30, 20252 min read
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