By Andy Burrows
Recently, I asked a question on LinkedIn and to Supercharged Finance mailing list subscribers. It went like this:
If I was to say to you that I want to help you get CFO-ready, what are the top 3 things you think you would struggle with (and therefore need the most help with)?
If you want to submit your own answer to that question, I’m always interested in what people think. So, do let me know via the comments.
The responses received so far have been quite revealing, in two ways:
First, it shows what people think you need to be ready for a CFO role. And some of the things mentioned actually surprised me.
Second, it helps me in designing CFO Readiness Builder (my upcoming development program for aspiring CFOs) to focus on high priority areas.
Now, just because people think certain things are needed to be a CFO, doesn’t mean they actually are absolutely needed as pre-requisites for CFO selection. Perception isn’t always reality. And some...
By Andy Burrows
Many of those who observe and comment on the state of the Finance function in general portray Finance people as being fearful of change.
The hype around robotic process automation (RPA) and artificial intelligence, the explosion in different tools on top of the ERP system and Excel, the speed of business change, and the cost pressure on Finance, add up to a significant feeling of uncertainty.
I have to say, when I work with Finance teams, I don’t necessarily feel that fear tangibly. People seem to get their heads down and work hard, and grab automation opportunities with both hands as something that will make their lives easier.
But I think it’s the way we characterise or explain things.
You see, I don’t think Finance people are fearful of losing their jobs, which is often the way it’s expressed by commentators (like myself). I’ve lost my job several times in my career – and it’s a...
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