As finance professionals, one of our biggest challenges is helping organisations prepare for the future. Unfortunately, even the biggest finance departments still aren’t equipped with crystal balls allowing us to see 3, 6, or 12 months ahead of time.
In my 15+ years of FP&A experience, I’ve seen the role of CFOs and finance teams change profoundly.
Speak Up! Understanding The Importance of Communication and Presenting For CFOs and Their Finance Teams
When I first entered the world of FP&A roughly 15 years ago, the role of a CFO seemed pretty simple. In essence, it entailed keeping the books straight, reporting on your company’s finances, and minimizing risk.
2020 was a challenging year in many aspects. For businesses, it was the year that drove home John Allen Paullos’ famous quote and reaffirmed the importance of the role of the CFO.
COVID-19 brought global business to a standstill. With the world’s second-largest economy in lockdown and strict quarantine restrictions in place all over the globe, businesses were suddenly thrown into the deep end of crisis planning.