Typical Day in the Life of a Hard Rock CFO - Hardly!

Inside, the music blares the oldie but goodie rock hits, and tourists queue up to wait for a table at the perennially popular Hard Rock Café. Amidst the hustle and bustle of patrons, fans and older groupies wanting a piece of music history is a very determined CFO … Hard Rock International CFO Scott Little, who wants to make certain the financial side of the Hard Rock runs as smoothly and receive as much honor as the long-playing records adorning the walls.

Little is formerly vice president of Finance for Walt Disney's Imagineering, the creative, "behind-the scenes" force at the home of Mickey Mouse. Bringing a successful vision from Disney, Little is taking a similar approach with Hard Rock by concentrating on building brand loyalty, managing risk and employing the latest technology.

An example of where Little believes he can be effective, and use his CFO background, is in creating new and updated systems, such as tracking historical scenarios in merchandise sales. He explained that the Hard Rock, as a company, sold $180 million in merchandise in 1998, but had no means to track what it sold.

By employing a solid finance team, along with integrating the best technology into the effort, Little has managed to make the company financially sound and extremely efficient.

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.