The CFO as Champion of Change
Expectations around the role of the CFO have greatly intensified in recent years. The CFO is now expected to be business generalist, risk management expert, and all-knowing source of business intelligence; to provide instant replies to any question the CEO asks about business performance; and to meet these challenges with lower costs. This chapter looks at the origins of the increased pressure on CFOs and explains why it is necessary for CFOs to break out of dysfunctional systems and mental models to redefine their role and the role of finance organizations. This chapter is excerpted from "Reinventing the CFO: How Financial Managers Can Transform Their Roles and Add Greater Value."
- प्रतिलिपि अधिकार:
- 2006 HBS Press
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