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Published in:
2018 | OriginalPaper | Chapter
1. Three Critical Changes to the Role of CFO
Authors : Magnus Lind, Kelly Barner
Published in: Finance Unleashed
Publisher: Springer International Publishing
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Abstract
The role of Chief Financial Officer (CFO) has historically been an internally focused one. Even when their sphere of influence and interaction did stretch beyond the four walls of the corporation, finance’s top priority remained supporting the needs and objectives of their own organization. In some cases, this led to finance being pushed to meet and exceed performance targets at the expense of suppliers and distributors: the very partners they were dependent upon for innovation and competitive advantage.