The CFO has been labeled with many new monikers over the past decade – Chief Value Officer, Chief Future Officer, Chief Transformation Officer, Chief Fact Officer, Chief Innovation Officer and the list goes on.
Today, we are adding another one. The CPO. The Cash Protection Officer.
You don’t have to look far to find an article or warning about the half-life of the workforce’s current capacity and the urgent need to upskill, re-skill, and pre-skill workers to future-proof both their careers and their organizations. It seemed like hyperbole when just a couple of years ago, the World Economic Forum predicted that half of all employees will need reskilling by 2025. But, given the pace and unpredictability of change, this is quickly becoming our reality. And this reality is not lost on employees. Gallup research finds that 48% of American workers indicate they would switch to a new job if it offered skills training opportunities.
FP&A professionals need to translate complex financial information into a narrative that resonates with stakeholders. Storytelling is a powerful tool that enables finance professionals to communicate effectively and influence decision-making. This article explores the key elements of FP&A storytelling and provides actionable advice for finance professionals to improve their communication skills.
Competitive pay has always been essential to attracting and retaining talent. And today, it’s become an increasingly significant piece of the puzzle. Recent US job growth numbers amplify the hyper-competitive hiring conditions in many sectors. Inflation places pressure on family budgets. And pay transparency allows people to not just imagine that the grass would be greener elsewhere, but to calculate exactly how much more ‘green’ they might expect to tuck away in their wallets if they made a move.
As CFOs commit more resources to top line growth, digital transformation, analytics, talent development, cyber security and ESG reporting there is still one partner that all CFOs must lean on…
