Beyond Numbers
How CFOS are Driving
TRANSFORMATION | ~
and GROWTH
he Chic Financial Officer (CFO) role has
fupdamcatly changed in Ub st two decades No
longer limited to nant reporting and
ran, today’s CFOs are being asked 0 be say
chic sustainability towards, and innovation catalyst.
Operating ma word characterized by accelerating
tecnologica! sis, global economic vola, and sing
stakeholder expectations Be modern CFOs playbook gs
far beyond pro margin management about
Prob diving and ong rm valu creation atthe
From Seorekecper to Strategie Leader
Traditionally, the CFO's job included keeping financial
‘eis in hand, being compliant, and guarding capita. These
‘eam fundamentals but are insufien nthe current
‘sins envionment. CEOs today hve static
counterparts m thir CHOR, making ate dein or
compas.
With the ntgratin of financial acumen and operating,
technology and social considerations, CFOs exe
companies io transition away from ation on near term
roy and toward mama over ne Io term
This requis pating pracy on achicving balance
‘between profitability and cficincy with mor vals
creation for shareholders, employees, customers, nd
ockty asa whole,
Frofiabiity isthe foundation of the CEO mandate. In he
ahscnce ofa compelling bottom line, no mater how
scaly locuscd the stages may be, they cannot succeed,
The CFO probability playbook revolves round thee
sae efhcicncy, expt allocation, and risk management
int, CFOs use digital technology and analytics to dive
proces stndardvation,climinate unnecosuy open,
and improve forceating. Secondly, they make disciplina
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capital allocation decisions. focusing investment on high
et activity and maintaining quid to but volatility.
Ty, good risk management provides proiabity
insurance aguns thematic ouside thi cool, roms
coonomic eyes to supply chan drin.
These ls make CFOs he fis choi in financia
resilience and competitiveness assurance.
Building Value Outside the Balance Shect
The CFO's jb i finance these days, though swell yond
the numbers. Bing val so longer a one srt game
and sstaimabili, innovation, and trust arc the ds
More and mors, CROs ar beng asked to include
environmental, social, and govemanco (ESG) factors in
financial planing. Whether ifs measuring the cost of
carbon emissions, desing rota on sustainably
investment, or providing opos discosurs, CFOs are right
‘the mide of aligning prota wth purpose
Apart from that, by investing in innovation, CFOs cable
companies 1 unlock new sources of revenue. They, along,
‘vith basins units, examine the prospects ol digital
(ransormaion programs, new bus es: opportunities in.
roth markets, and product innovation. In his way. CPOs
ae ot longer cost gatekeepers bul grow enables.
Balancing Short-Term Results and Long-Term Goals
The biggest challenge o CFOs i walking re ine between
ane comings pressure and the impera of long term