LATEST INTELLIGENCE
RESEARCH REPORT THE SECRETS OF SUCCESSFUL CFOS
THE 3 FRONTIERS OF FINANCE LEADERSHIP
Executive summary
The 3 frontiers of finance leadership
Dive into the core competencies and visionary approaches that distinguish today’ s most effective finance leaders in our latest report.
Drawing from a rich tapestry of research, interviews with a broad spectrum of CFOs, and insights from industry experts, this report uncovers the 3 pivotal ways CFOs achieve business success:
1. Redefine influence – beyond budget management
Successful CFOs are expanding their roles beyond traditional budget oversight to foster crossdepartmental collaboration. With a 30 % increase in such collaborations over the last 5 years, CFOs are pivotal in enhancing teamwork and dismantling operational silos, redefining their influence.
2. Own the tech-finance fusion
Embracing the integration of technology and finance is key to elevating decision-making and operational efficiency. Despite 87 % of CFOs experiencing regular stress, those who adeptly merge technology into their finance operations report a 20 % higher satisfaction level in their roles, showcasing the significance of owning the tech-finance fusion.
3. Balance the ledger of life
The pursuit of a work-life equilibrium remains a formidable challenge, with only 27 % of CFOs achieving a satisfactory balance despite 95 % feeling successful professionally. This highlights the ongoing struggle to find harmony between professional achievements and personal well-being, emphasising the need for financial leaders to balance the ledger of life effectively.
These findings underscore the essence of our report: in a world where change is the only constant, the CFOs who thrive are those who adapt, innovate, and lead with empathy and insight. •
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