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Turning challenges into opportunities: being a financial controller in 2024

Future CFO

“Due to the multiple demands and internal/external regulatory, requirements, standards to juggle, being well-informed is important and creating that collaborative structure for benchmarking, along with skilful fashion in deciding or recommending strategies to the business leaders.”

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Civil Discourse – Leaders Can Bring it Back

VCFO

Incivility does not lead to collaborative problem solving or good decisions. It’s the “golden rule” for a reason – ageless advice and a good benchmark to vet your decisions and actions against. It is a destructive and downward spiral. Specifically, we need to: “Do unto others as you would have them do unto you.”

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What is a Virtual CFO? A Guide for Businesses

Michigan CFO

Additionally, strong communication skills, problem-solving abilities, and adaptability are crucial for effectively serving clients in a virtual capacity. Additionally, effective communication skills and problem-solving abilities are essential for serving clients in a virtual capacity.

CFO 52
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Exploring the mindset of CFO 4.0

Jedox Finance

We can do the analysis, create the benchmark, make technical suggestions for how to cut, and levy those cuts upon business leaders across the company. From minimizing cost (of Finance) to maximizing business value. Whenever a company needs to save cost, they often place Finance at the helm. From finance centric to customer centric.

CFO 98
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Elevating tomorrow’s finance leaders today

Future CFO

Controllers: Companies don’t have access to historical data to benchmark their responses and performance against or help model future scenarios. CFOs must take a central role in an organisation, helping to guide business decisions with a high level of business acumen and commercial mindedness.

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Change Management: The Modern CFO’s Blueprint 

CFO Talks

This collaborative problem-solving approach not only strengthens their partnership but also ensures that the finance agenda remains adaptable and resilient. This could involve presenting case studies or benchmarks that illustrate the positive impact of similar financial strategies on other companies.

CFO 52