Mastering Change: The New CFO Mandate
New research shows that now is the time for finance leaders to lean into the evolution of their roles and reassert themselves as strategic partners and digital enablers to the business.
One trend about CFOs that McKinsey have confirmed after years of research: the finance leader’s role is ever evolving. That has never been more true than it is today, during an era of dramatic change—with, for instance, the COVID-19 pandemic, increased attention being paid to social and environmental issues, and the accelerated adoption of technology to address myriad business and social problems. All these trends are triggering fundamental shifts in how people and businesses get work done. According to the latest McKinsey Global Survey on the role of the CFO, finance leaders are deeply involved in determining how businesses adapt to these trends—particularly in those places where digital and finance intersect.
Read the full article at McKinsey here.