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Future CFO

Ross Lacey explores what CFOs must do to shape up for the future.

The latest EY survey of 769 finance leaders has highlighted the significant change and challenge faced by the chief financial officer (CFO) of the future. The changes, as set out in The DNA of the CFO, are in response to a role that is:

  • increasingly diverse in scope; 
  • driven by digital transformation; 
  • facing unprecedented volumes of data;
  • exposed to heightened scrutiny; and
  • confronted with ongoing uncertainty and volatility.

To reinvent itself for a new age, the finance function is transforming into a data-driven centre where smart people and machines help make better financial, strategic and operational decisions. The role of the CFO will thus become more complex, but also more interesting and rewarding.

This is an extract from the Business & Management Magazine, Issue 253, April 2017. 

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