It was only two years ago that CFOs had to step up during the darkest days of the pandemic to help their organisations deal with one of the biggest crises facing business since the 2009 recession. The next year looks like it might be just as challenging and so now more than ever leadership teams need a strong CFO.
The good news is that the role of the CFO has evolved significantly since 2009 and many of today’s financial leaders have a much wider remit and accompanying skill set which means their ability to support the business goes far beyond core finance.
They also have the recent experience of volatility gained from 2020 when the sudden economic impact of a global lockdown meant that agility and the ability to pivot quickly became key to survival.
In the past it was assumed that a CFO traditionally focused on cost cutting when businesses were facing uncertainty but times have changed and the current situation is far more complex so will demand a far more nuanced approach.
Over the next few weeks we’ll be exploring how CFOs can support their leadership teams and wider businesses through this period.
In the meantime if you would like to talk to us about your hiring plans for finance talent or find out more about working with TalentEdge and Talentarc to strengthen your businesses capability to tackle both the current and upcoming challenges please do get in touch with Lucy Davison at firstname.lastname@example.org to discuss.