There are three fundamental dimensions to business performance: financial, operational and cultural. These pillars can also be compared to the long-standing management framework of people, processes and tools. But what is most important is that the rapid transformation of the business landscape has increasingly reframed the calculus...
Amidst the shifting tides of technology, finance and business strategy, savvy CFOs need to sharpen their operational toolkits — or risk being swept away. “Change has been the only constant over the past three to five years,” Amy Wang, CFO at Procurify, told PYMNTS for the series:...
Historically, the chief financial officer’s responsibilities were confined to accounting and financial oversight. However, the rapid pace of technological advancement and the increasing complexity of the global market have expanded the CFO’s role. Today’s financial chiefs are pivotal in driving business strategy, managing risk and...
In 1964, the origins of what would later become the “people, process and technology” (PPT) framework for more effective organizational management was first created by Dr. Harold Leavitt. Now, nearly six decades later, and amidst a shifting and uncertain macro operating landscape, that same cornerstone acronym...
With great change comes great opportunity. And as the business landscape undergoes a rapid transformation, it has brought with it a broader shift in the expectations placed upon financial executives. Once seen primarily as experts in numbers and financial reporting, the modern chief financial officer...
In business, as in life, uncertainty can result in unexpected disruptions that have an outsized ripple effects. That’s why agility in business operations, paired with a focus on strategic planning, is not just a competitive advantage; it’s a necessity. The tragic collapse of the Francis...
The evolution of the CFO role reflects the changing landscape of the business world. From strategic planning and investing in technological innovation, to ensuring effective risk management in light of the shifting macro backdrop, today’s CFOs, once primarily tasked with bookkeeping and financial reporting, are...
The operations of today’s businesses have transformed over the past few decades. While this evolution reflects broader changes in the business landscape driven by technological advancements, globalization and an increasingly complex regulatory environment, it is also reflected in the changing nature of the roles and...
No longer confined to the back office, today’s CFOs are pivotal figures in their organizations. Gone are the days when CFOs were merely guardians of the balance sheet. In today’s environment, they increasingly wear multiple hats, acting as strategic advisers, risk managers, and leaders in...
