The CFO as Analyst and Adviser
“Breaking free from detail and complexity creates time for finance to produce the information that managers need to make effective decisions. But that alone is insufficient to build a credible finance team that will be seen by managers as a trusted and valued business partner. The CFO must also work hard to attract and keep the best people and build the right team: people who know the business, can achieve high-levels of analytical skills, and are able to contribute improvement ideas. They will also be able to communicate effectively and work in teams. They will become teachers and mentors as they spread financial knowledge and decision-making capability across the organization. They will also use technology to eliminate low-value work, improve controls, and deliver information in a timely way. In this way the finance team will earn its seat at the strategy table by delivering value-adding services and performance improvement insights. …” — Jeremy Hope
1. How have you advanced finance to the frontlines?
2. How have you worked to improve communication across the organization?
3. How do the organization’s business leaders view finance today?