The role of the CFO as a cost-cutter rather than a growth driver also presents challenges for those stepping into the CEO position. In fact, CFOs-turned-CEOs are, on average, slower to drive top-line growth compared to those from other backgrounds. Research from Spencer Stuart found that ...
These actions seem simple but are often hard to put into practice. Today, many organizations do not see or cannot measure the benefits of their current investments in employee health. They also don’t allocate resources in the most effective way—often, the issue is nothow...
According to the recent CFO Insights research by SAP Concur, 94 percent of finance leaders say that AI has already helped improve decision-making. Also, 73 percent see a positive impact on cost and risk reduction. In 2025, CFOs need to lead the business-wide charge on delving deeper into t...
Reboot reporting and the finance operating model to meet demands for transparency and insight into financial and nonfinancial performance. Find out more.
innovative developments in Chinese chains as they globalize. We remain committed to observing, supporting, sharing, and even co-creating during this process. As consumers, you can also follow our platform and recommend it to your friends abroad to help promote the internationalization of Chinese ...
Nayar believed in the move strongly enough to take the issue to the CEO, who sided with him. (The CIO’s fears proved unfounded and the two remain friends.) As CFOs strive to reimagine their function, they should also reinvent themselves. External input ...
Solomon’s irreverence, even disdain, for The Way Things Have Always Been Done, feather-ruffling and polarizing though it may be for the bank’s old-timers, is also the defining quality that has put him atop the venerable Goldman Sachs. Shortly after his first anniversary as CEO in October...
the right organizational context. (See the sidebar “Shaping a ZBT Culture.”) Cultural change must start at the top. The CEO and CFO must be actively involved not only in determining why ZBT should be adopted but also in articulating how it will contribute to the company’s long-term ...
We expect ownership of ESG reporting to eventually shift to the CFO, with the CEO retaining overall responsibility for the ESG agenda. We also expect ESG reporting to become integrated with standard financial disclosures, meaning that reporting will need to meet investor-grade standards and could ...
CFO: “And that is the way internally, also even when we're looking at battery costs, yes, IRA, there are manufacturing credits which we get, but we always drive ourselves to say, OK, what if there is no IRA benefit? And how do we operate in that k...