Finance chiefs performed a essential role in shepherding their organizations as a result of a international economic crisis in 2020, and a the latest survey exhibits how.
CFO Investigate (portion of Argyle Advisory and Investigate Expert services) and FTI Consulting surveyed 325 main financial officers and other senior finance executives in August to understand better how the finance function drives business benefit.
Five crucial themes emerged from the survey benefits:
- The CFOs’ work all through the pandemic has gained them the ideal to be strategic leaders in their organizations. The pandemic shined a spotlight on finance chiefs’ capability to guide via an critical and typically disregarded endeavor: corporate circumstance modeling and planning.
- In the encounter of a “new normal” economic climate, CFOs taken care of efficiency with distant groups. In response to COVID-19, a whopping seventy one% of finance workforce associates labored in a distant or primarily distant workforce product,