Gomathy Periathiruvadi’s Post

For all my CFO friends - attached is an excellent article on the challenges that CFOs face today, with tangible insights and areas of focus, in order to be more effective in the role. https://lnkd.in/gdsuPsPp

The most effective CFOs are increasingly taking on more expansive roles in business strategy, vision and execution—even beyond finance. Read more: https://lnkd.in/d4ycxeak Post written by John Rettig, Forbes Councils Member.

We're excited to share Sharon Barber-Lui's recent article on The CFO on the evolving role of Chief Financial Officers. Sharon highlights three critical dimensions that redefine the modern CFO: 1. CFOs are more than an operational entity. They are integrated to the broader business, actively contribute to strategic decision-making, long-term planning – connecting the numbers to the strategy. 2. CFO always asks questions. Intellectual curiosity and a growth mindset are essential traits. 3. Today's CFOs understand the importance of balancing their time between analytical tasks and the broader strategic aspects of the role. Click below to read the full article.

Most #cfo’s are familiar with the phrase “the CFO conundrum” 🤔 Put simply it often seems like there aren’t enough hours in the day to both run an efficient #finance department - as well as being the CEO’s #strategic thought #partner ⚖️ five time-saving strategies for CFOs according to McKinsey & Company: 🤓 Crystallise your #strategy — and identify where #technology can be an enabler 🫡 Focus on big moves 😌 Radically #simplify 💪🏼 Keep up the tempo 🫂 Overcome #cultural inertia Source: CFO

An excellent piece about becoming a CFO, how to fill the role and eventually also exit from it. Here is, what it takes: ✅ formulating a unique vision for the role ✅ finding the right set of sponsors ✅ bolstering skills in the areas that matter most to the organization ✅ taking professional risks to broaden experience ✅ and seeking opportunities to engage with the board. How many boxes do you tick?

The role of a CFO extends far beyond traditional financial oversight. Modern CFOs are strategic leaders balancing finance with overall business strategies, understanding market dynamics, analyzing competitive positions, and evaluating business ideas. #moderncfo #strategy #fractionalcfo #quantumfbi #finance #businessintelligence #blog https://lnkd.in/eJmRz47q

The Evolving CFO: Adapting Traditional Financial Leadership in the Age of Fractional Expertise https://lnkd.in/gnrVYEuN

How does the CFO evolve amidst turnover and change? Read on to learn more from my colleagues Elliot Fuhr and Brandon Fuhr...

I've been lucky to work with some great CFOs and external financial partners who have helped me along the way given my lack of expertise in the area. But some CFOs can enforce an environment where only existing things get funded simply because there is more ‘proof’ that they work. As Roger Martin says here, "Ironically, ‘proof’ based on past data is often a frustratingly poor predictor of future events because the future is so often meaningfully different than the past." CFOs don’t mean to crush innovation. They think they are being rigorous and prudent — on behalf of the company. But crush it they can. So what can they do to become a Strategic Chief Financial Officer? Ensure logical rigor. Create strategic possibilities. Great piece. Recommend.

This article is right on point as the CFO role evolves into various roles inside businesses