Management approaches and leadership of International team

Today, we have the opportunity to speak with Bjarne, DynamicWeb's CFO. As Chief Financial Officer, Bjarne plays an important role in the company's financial operations. He collaborates closely with other executives and departments to make strategic decisions that shape the company's financial health and future direction.

When asked about his daily tasks and working approach, Bjarne emphasizes his commitment to forward-thinking financial planning. "My goal," he explains, "is to focus on finance planning and looking ahead instead of looking back." 

Bjarne oversees finance, HR, and administration, with his primary focus on finance. "Naturally, finance is one of the most crucial aspects for the board and owners," Bjarne affirms. He continues, "HR constitutes a significant portion of my responsibilities, and I find great satisfaction in it as it allows me to positively influence my colleagues' workday in a different manner."

“Forecasting, budgeting, and strategic planning consume much of my time, as these activities are paramount for our financial stability and growth. Fortunately, I have a capable team that handles various other tasks, lessening the need for me to be concerned about day-to-day accounting or ensuring immediate results,” Bjarne says.

As the team grows, so does the responsibility of managing it. Today, the finance department consists of 3 full-time employees, 1 part-time worker, 3 student workers, along with canteen employees and facility management, totaling 10 individuals. 

Teja, a student worker from Lithuania, reflects on her experience: "It's my first job as a student worker in a company, and I never expected to be led by such a strong and motivated management team. Working here has instilled confidence in my abilities, allowing me to set higher goals and embrace new challenges without fear." She credits Bjarne, her manager, for his support and encouragement. "Bjarne always knows when to tap on your shoulder and say how proud he is of us,” she adds gratefully.

Bjarne reflects on his early years in management. "Looking back, I realize I made some common mistakes, like micromanaging and shouldering too many tasks myself," he admits. "Rather than delegating interesting tasks to my team, I often took them on myself, thinking they were challenging. Unfortunately, this approach left my team feeling demotivated, and me with too much work," he reflects with a smile, recognizing the valuable lessons he learned from those experiences.

Mistakes are learned over time. Now, Bjarne avoids micromanagement, leaves the responsibility to each employee with their own tasks, and tries to be available for guidance. “I try to make sure they take responsibility for their own tasks, “he says.

Bjarne shares the valuable advice he received from his consultant during his previous work experience: "You should never express anger towards your employees because it doesn't benefit the company. Instead, find alternative ways to correct them. There are numerous methods to guide them effectively. Moreover, remember to acknowledge their good work as frequently as possible, on various occasions."