Improve my corporate treasury department’s internal and external contribution by:

• Understanding that “Leadership is the lifting of a man’s vision to higher sights, the raising of a man’s performance to a higher standard, the building of a man’s personality beyond its normal limitations.” (Boris Johnson and Trump sadly and tragically are nowhere close to understanding this.)
• Accepting that the purpose of a corporate treasury department is to be the guardian and anchor of the financial health of the corporation. Or in the long term: “To ensure the survival of the company sustainably. – see.
  • But as Bruce Lynn pointed out, Treasury needs some context for the “does corporate treasury have a purpose" question:
    • Lifespan – no entities, especially corporations, are sustainable over long periods of time. The problem is that no one knows what the natural life of an entity is?
    • Company – whatever treasury’s purpose it cannot exist outside of the company’s purpose. I doubt senior management is willing to pay for treasury to answer the question on its own.
    • Market – company’s purpose must “fit” within the constructs of a market composed of other corporate entities usually constructed to obey a variety of economic principles.” – see: https://ctmfile.com/story/yes-corporate-treasury-departments-do-have-a-purpose-but
• Accepting that corporate treasury departments need to “take the paying out of buying”, see:  https://ctmfile.com/story/new-business-model-for-2020-take-the-paying-out-of-buying-and-keep-your-cus
• Remembering that “If you are not measuring it, how can you manage it?”. See https://ctmfile.com/story/dont-leave-money-on-the-table-in-your-ap
• Never forgetting that “It’s the questions stupid” that should drive your corporate treasury department – see: https://ctmfile.com/story/its-the-questions-stupid - which starts with “What business are you in?”

* Professor Peter Drucker, known as “the founder of modern management” and who wrote 39 books which have become classics in modern management theory, died 2005.