These days there is a lot of talk about the transformation of the finance organization from being a traditional back-office function to playing a more strategic advisory role. The CFO is being touted as the CEO’s wingman responsible for helping him/her execute the company’s strategy and improve performance. Once regarded… Read More »How CFOs Can Play a Greater Role in Strategy Setting & Execution
As the business and macro-economic environment continue to change at rapid paces and increasingly getting complex, the pressure on the finance organization to support the core business by strategically addressing volatility, uncertainty and risk is also intensifying. This fast changing environment is making it extremely difficult for organizations to forecast… Read More »Are You Using Scenario Planning To Improve Decision Making?
Regardless of the nature of your business, you are either already dealing with disruptive forces operating within your industry or are preparing your company for change and disruption. Today’s business environment is different compared to what it was decades ago where everything was predictable and you would operate your business… Read More »Preparing for and Responding to Disruption
As the demand on CFOs to provide real-time analytical insights, support senior management decision-making and become valuable strategic business partners continue to increase, a strategic transformation of the finance function is necessary. Depending on whom you converse with, some finance professionals prefer to use the term finance transformation whereas others… Read More »Creating A Value-Adding Finance Function
In addition to performing their traditional financial reporting roles, today’s financial executives are more than ever required to play the business partnering role and help CEOs create and execute strategy successfully. As the business environment continues to increasingly become volatile, uncertain, complex and ambiguous (VUCA), finance executives must play a… Read More »Strategy Development: Seeing the Bigger Picture