The CFO has evolved toward being a holistic and strategic business leader over operational aspects. From talent management to supply chain to technology assessment and implementation, today’s CFO has a broad span of control.
One burgeoning trend is for CFOs to look outside the organization for expertise and assistance – not only for executive coaching, but also to create tools and frameworks to deploy in the organization to enhance performance.
Why it Matters
- To make the most impact on an organization, CFOs need to have the right tools that make them more effective. These may not be available within the organization.
- There are common needs that may lead CFOs to seek outside support. These may include budgeting and resource allocation, people management and vendor negotiations.