The New Role of Finance Leaders: Risk Taker
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Finance as a strategic leader of enterprise strategy.
We read a lot about this trend at the moment. It's been fed by the incredible benefits that technology, specifically robotic automation, has offered, and is built on decades of best practice that have turned the ‘Finance’ department of old into a standardized, centralized, optimized and generally well-oiled machine.
The role of today's Finance lead is about far more than cost-effective processing, cash management and control. Over the past two decades, the Shared Services and Outsourcing Network (SSON) has tracked the evolution of Finance to what is today a data-driven and intelligence-enabled seat of decision-making. And while not every organization is there yet, the trend across enterprises is pointing in the same direction.
The question presents itself, therefore: How do CFOs set their targets, today? How do they define their roles in the digital enterprise? What is their value-add, as financial processing falls into line?
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