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Technology Literacy Will Determine a CFO’s Success

HR Digest

The one thing that will majorly influence the fate of CFO aspirants is their tech skills. According to a Gartner survey of 173 CFOs in November 2020, digital investments topped CFO agendas. Being comfortable with data, technology, and cross-disciplinary collaboration was crucial to the success of CFO candidates.

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The Racial Stereotypes That Underpin EDI Appointments

The Horizons Tracker

Some of the participants were told the person was to be CFO, while others that they would head up EDI. “Just like a Chief of Operations or a Chief of Finance, EDI leaders should be guaranteed a seat at the table.”

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How the CFO and General Counsel Can Partner More Effectively

Harvard Business Review

What receives far less attention is that, more and more in our increasingly complex, volatile, and fully-globalized business world, the effectiveness of such action depends on a powerful partnership between the Chief Financial Officer (CFO) and the General Counsel (GC).

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Shifting Finance from Controlling to Improving

Harvard Business Review

Yet this is exactly the challenge facing leaders of the finance function who are asked to help their organization improve the way that work is done. As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Getting the CFO on board is key.

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What It Will Take to Fix HR

Harvard Business Review

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

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How CMOs Can Get CFOs on Their Side

Harvard Business Review

This lack of an analytical approach has traditionally formed a barrier between marketing and finance. One financial services CMO told us how CFOs typically perceive his function: “We’re going to give a certain amount of dollars to those guys. They’re going to make ads and do whatever it is they do.

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How to Kill Quarterly Earnings Guidance

Harvard Business Review

Integrated guidance that intends to inform market participants about future changes in the value of these capitals can further improve the information environment of the firm. To build a sustainable business that will succeed in the long-term you must seek backing from market participants who are aligned with this vision.