LEAD Module: Money Matters for Leaders & Board Basics

lead graphicModule Topic: Money Matters for Leaders & Board Basics
Presenters: Tim Jewell & Gregg Guetschow
Date Offered: November 15, 2018
Location: TBA

Module Description.

Accounting is the language of business and financial statements are how that language is communicated.  An effective leader must have a solid grasp of the accounting cycle and the ability to understand what financial statements are telling them about the health, potential, and limitations of an organization.

Join us as we explore what every good leader must know about record keeping, proper safeguards and understanding financial information.  Using traditional course work, case studies and group discussions, we will review the basics of accounting, internal controls, financial statements and other critical reports, how to use historical comparisons and ratios to interpret financial information as well as how entities are organized and financed.

Boards of directors are a common element of many organizations in the private, public and nonprofit sectors. Effective leadership in a director position requires, at a minimum, an understanding of the fundamental aspects of board organization and operations.

This half of the session will provide an overview of board roles and responsibilities and offer insight into the how and why boards function in the manner in which they do. Participants will be introduced to concepts such as bylaws, policies and agendas, setting goals for action, staff relations and more. In addition, we will explore what it means to be an effective board member.

The Presenters. Tim Jewell is the President and CEO of Eaton Federal Savings Bank headquartered in Charlotte.  During a thirty-five year career in banking, Tim has held a variety of positions spanning the retail, credit analysis, commercial lending, and mortgage lending aspects of the industry.  In his current role as CEO, Tim is responsible for financial analysis and planning, strategic planning and general management of the bank.  Prior to returning to his hometown and joining Eaton Federal in 1999, he worked for two Detroit area banks and as a national bank examiner.  He has been active on numerous local and regional non-for-profits and municipal entities and currently holds leadership roles in state and national bank trade associations.  Tim received a bachelor’s of finance with a minor in accounting from Western Michigan University and a master’s in finance from Walsh College.

Gregg Guetschow has more than 35 years experience in local government management in Michigan. He has been employed as Charlotte city manager since 2007. He previously served as manager in Owosso, Hillsdale and Dundee. He has also held positions on nonprofit boards of directors for organizations involved in business development, professional education and health care. He currently holds the office of vice chairman of Charlotte Area Networking for Development and Opportunity (Can Do!).

Gregg earned a bachelor of arts, a master of public administration and a Ph.D. in public affairs and administration, all from Western Michigan University. He was an adjunct instructor at Baker College of Owosso from 2007 to 2011 teaching the class “American Political System.” Since 2010, he has been an advisor for Michigan’s Girls State program, overseeing a portion of the local government simulation component.

On numerous occasions throughout his professional career, Gregg has facilitated visioning, strategic planning and other group decision processes for nonprofit organizations. His many public speaking engagements have included service club presentations, a college commencement and keynote addresses for leadership development programs. In May 2002, he served as a panel member discussing conflicts of interest for a Research Ethics Symposium held at Western Michigan University. His article, “Values-based Discipline,” was included in Annual Editions: Human Resources 2001/2002.

Gregg is a member of the International City/County Management Association, the Michigan Local Government Management Association and the Charlotte Rotary Club.