A new survey finds a growing number of CFOs trimming spending due to higher interest rates. The survey, issued earlier this week by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Atlanta and Richmond, found that around 40% of chief financial officers (CFOs) were reducing capital and non-capital...
This era’s digital transformation has swept up all business functions, including that of finance. That’s because — no longer confined to the traditional responsibilities of the role — today’s finance teams and their leaders are frequently charged with spearheading enterprise transformations, not just signing off...
Today’s CFOs don’t just balance and close the books; they’re the architects of financial innovation. That’s because, no longer confined to number-crunching and financial operations, finance chiefs are increasingly expected to be — and turned to as — strategic visionaries, inspirational leaders, and objective decision-makers,...
The modern chief financial officer’s toolkit includes more than just calculators, spreadsheets and paper invoices. In the face of ongoing macro landscape shifts, finance leaders are increasingly being called on to deploy everything they’ve got as they help their organizations strategically navigate business disruptions and...
The past few years have been a period of fundamental change and digital transformation. And as the business landscape continues to shift, executive leadership teams are themselves being transformed as leaders proactively adapt their departmental workflows, responsibilities and goals to meet ongoing macro challenges. “The...
When CFOs can capture new efficiencies while lowering legacy costs, that’s an easy organizational win. Faced with ongoing macro headwinds, and despite a somewhat softening environment, today’s finance teams are increasingly reprioritizing their efforts away from a growth-at-all-costs mindset to a firmer focus on financial...
It is no longer enough for businesses — and their employees — to simply meet expectations. After all, by the time those expectations have been met, they will likely have already been transformed by marketplace and operational realities. “Execution just matters so much,” Marc Greenberg,...
More has changed for chief financial officers (CFOs) over the past five years than in the past 50. “We’ve experienced things that we had not seen for decades, such as a global pandemic, an economic downturn, and constant geopolitical instability,” Vikas Mehta, CFO at Komodo...
The business landscape has transformed more in the past 20 years than the previous 60. And the pace of change over the past handful of years, particularly going into and coming out of the pandemic, has seen that pace accelerate into overdrive. That’s why Angela...
