41 min
Capita | With Patrick Butcher, CFO The CFO Playbook
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- Investing
When Patrick Butcher joined Capita more than two years ago, the international outsourcing company was loaded with debt. Sure, from the outside it seemed profitable, but Patrick, who has been a CFO for 25+ years, took it upon himself to financially transform the company and focus on cash — not revenue and profit.
The company generated between $70 million and $80 million in cash. How? A whole lot of change.
But getting your team — and an entire company — to buy into change isn’t always easy. Patrick leaned on leadership principles he calls the 5 C’s: Context, Commitment, Clarity, Connections and Compassion.
On the premiere episode of The CFO Playbook, Patrick dives deep and explains his strategy for repositioning Capita for growth, how he got buy-in from his team (with a little help from the 5 C’s) and some smart ways to become a better CFO.
Full show notes and resources from this episode can be found here!
Connect with Patrick on LinkedIn.
Connect with our host Rob on LinkedIn.
If you want a better way to track and control your team’s spend, checkout Soldo.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
When Patrick Butcher joined Capita more than two years ago, the international outsourcing company was loaded with debt. Sure, from the outside it seemed profitable, but Patrick, who has been a CFO for 25+ years, took it upon himself to financially transform the company and focus on cash — not revenue and profit.
The company generated between $70 million and $80 million in cash. How? A whole lot of change.
But getting your team — and an entire company — to buy into change isn’t always easy. Patrick leaned on leadership principles he calls the 5 C’s: Context, Commitment, Clarity, Connections and Compassion.
On the premiere episode of The CFO Playbook, Patrick dives deep and explains his strategy for repositioning Capita for growth, how he got buy-in from his team (with a little help from the 5 C’s) and some smart ways to become a better CFO.
Full show notes and resources from this episode can be found here!
Connect with Patrick on LinkedIn.
Connect with our host Rob on LinkedIn.
If you want a better way to track and control your team’s spend, checkout Soldo.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
41 min