Published 09. Nov. 2016
[Report]: CFO the Strategist
IoT product development challenges existing R&D thinking and enables more impactful product development.
The report revealed that finance executives think that today’s CFOs are a far cry from the invisible overseer of the company’s finances. As they see the markets from financial lenses — they’re able to assess the viability of new business models and deploy quickly or as needed — they’re the ideal business strategist and partner for the CEO.
CFO the Strategist: Key Report Takeaways
- Role shift – From silent enabler to proactive frontline strategist, the CFO with his financial expertise is now expected to provide the CEO with real-time insights in aid of decision-making.
- Process automation – For efficiency and quick response to market change, most organizations have process automation on top of their priorities.
- New capability requirements – Today, aside from crunching numbers, finance professionals are expected to be involved in corporate strategy direction steering, as well as in identifying new business opportunities.
- New technologies – It’s a must for modern CFOs to have a firm grasp of the business benefits of new technologies. They’re tasked to identify which of these technologies have value-adding potentials and which can actually be capitalized on.
CFO the Strategist
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Symbio will be attending 600Minutes Innovation and Product Development in Finland on the 4th of April 2017
Chief Solution Executive, Symbio Finland