The Purpose-Driven CFO and Much More!
By Andy Burrows
The Marketing Director of a business I worked for a long time ago said in leading a seminar, words to the effect that, “functions like Finance, HR and IT are just overhead costs. They don’t add value. They don’t bring in new business or sell anything, and they don’t produce anything.”
I didn’t respond at the time, but I remember being quite offended. I felt put down, saying that I was no value to the business.
I was, at the time, I have to say, fairly naïve – this was not long after I’d started my first job outside of public practice.
What follows here are some of my reflections on the relationships between the Finance function and the other parts of a business, from working in more than thirteen different companies over more than twenty years since then.
One thing that has vexed my pedantic brain occasionally over the years is the use of the term...
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