CFO: Responsibilities in the future

Source : read in Financial Media - www.fm.be
A survey about future responsibilites of a CFO showed following working areas:

  • Quality of financial data
  • deliver CEO decision support
  • more comprehensive reporting ( information) towards non-financial departments( production,sales logistics, postsales operatons )
  • improve collaboration between Finance and others
  • Focus on value creation
  • improve efficiency and quality at transactional level by means of automatisation and possibly outsourcing and/or shared services
  • integration of stand-alone systemen with efficient reporting in mind
  • more responsiblities via centralisation and financial risk management
  • more attention to competency- and peoplemanagement
  • development of sufficient flexibility towards new structures and tasks
  • further selfdevelopment in the area of social skills and leadership

The items in bold touch the ICT area.

In order to bring them to a value creating entity, Gartner’s growmodel – re here the chapter below – can be recommended.


Optimassets

  • Tracks all your IT hardware
  • Does real physical inventory checks
  • Is a low-cost operator
  • Has long-time experience
  • Ensures maximum cost reduction

Contact

roberjanssens @ gmail dot com

Agenda

April 2008
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