This article is written specifically for CFOs. We believe that CFOs should understand how SCM logic can be applied to HR programs to identify areas to improve efficiencies and financial performance. According to a 2018 McKinsey report, among other strategic initiatives, CFOs are asked to take on increasing responsibility for improving financial efficiencies in the organization.
When 1 plus 1 equals 3 it’s time to consider a merger.
What’s driving your main initiatives? If you’re like many executives, it’s competitive pressure. To ensure short-term survival or profitable growth, leaders are searching for ways to reduce costs and increase distribution channels. How? Frequently, the answer lies with those same competitors, especially in industries with margin pressure or slow sales growth.
A global survey conducted by an international accounting organization revealed that 87 percent of respondents believe their organizations could benefit by providing coaching for their finance professionals.
Included in this group is the most senior financial professional at these companies - from CFOs at larger firms to Controllers or Accounting Managers at smaller companies.
In their article Debunking Six Continuing Fallacies Of Higher Education Sanjit Sethi and Elliot Felix highlight 6 failed assumptions in higher education.
We benchmarked CFO.University against the list of remedies the authors prescribed for the fallacies in the article linked above. We were pleasantly surprised:
When done well, financial reports can provide insights into the past, present, and future, helping the entire company manage volatility, navigate organizational complexity, meet compliance requirements, and drive the direction of operations. As a result, financial reports have never been more necessary to run the company or more in demand by stakeholders. .
