The Ledger
Curated content foranalytical business leaders
Tag Archives: CFO
Forbes: The Big 2022 Trends For CFOs: Digital, Talent Retention And Remote Work
March 25, 2022
“One of the top focus areas for our team as we emerge from the pandemic amid the rapid, relentless pace of change is prioritizing data management to improve reporting and, ultimately, insights. As part of transforming the finance function at MassMutual to help us create more time to add analytical and creative value, having access to clean and organized data is key. Overall, I think this continues to be an opportunity for finance organizations so they can be more efficient and make informed, real-time recommendations leveraging data and technology as strategic advisors to the business.”
CFO Magazine: Supply Chain Turmoil: Applying the Lessons
March 23, 2022
“Improved planning and forecasting, if an organization undertakes the effort, will come in handy as lead times return to normal levels and suppliers return to realistic production schedules. It will also help if consumer and business-to-business demand wither due to persistent price inflation.”
Forbes: Why Today’s CFO Must Embrace Enterprise Strategy
March 16, 2022
“Aspiring finance professionals need to be agile and curious. We need critical thinkers who understand business value drivers and are adept at allocating resources towards the activities that will drive the highest returns on investment. People in financial roles need to be more tech savvy than ever to leverage automation and eliminate mundane transactional work. By creating “time to think,” finance professionals can deliver more timely, actionable insights to the business.”
CFO Magazine: Prakash Hariharan: ‘CFOs Need to Have a Good Partner Ecosystem’
March 14, 2022
“However, we believe in order for you to be able to manage a problem like [inflation], you need to have the ability to make some forward-looking decisions coupled with a few scenarios. Think about scenario analysis as a method that organizations are now using to make flexible medium to long-term plans. You start with identifying one of your driving forces — it could be around revenue, cost, or margin — and then you identify the uncertainties within this broader objective, and then you develop models. And as the scenarios play out, you get to execute a set of predefined actions.
All of that requires you to get data insights across the enterprise, and maybe outside the enterprise as well. A few forward-looking statistical models. And as you learn more in terms of the evolving situation, you need to act — you need to hone in on one of the [levers] or scenarios that you can take a set of actions.”
CFO Dive: Small Businesses See Inflation as No. 1 Challenge
March 9, 2022
“Rising prices for months have disrupted CFO budgeting, risk management, forecasting and pricing, and show no signs of easing.”
CFO Journal: CFOs Seek Stronger Ties With Business Unit Leaders
March 8, 2022
“Financial performance (42.7%) was the next-most-often mentioned priority for 2022. CFOs plan to use a range of levers to enhance it, such as increasing margins, improving pricing to navigate inflation concerns, managing profitability, focusing on EBITDA, and hitting transformational milestones. Growth (31.6%) was the third most dominant theme among CFOs’ priorities, followed by strategy setting, cost management, capital allocation, and IT infrastructure.” As well for small business is very important that you do a proper manage of your business payroll, and you can get this with the help from professionals in payroll administration services.
CFO Journal: Finance at the Center of Data and Analysis at Coca-Cola
March 4, 2022
“The power of having datasets and data systems that can integrate with each other and connect with others across the enterprise is enormous. That is a big part of what we are doing now. Finance has a critical role to play—to set the tone, to inject the focus and the discipline, and to make sure that we stay the course, working closely with our functional and operational counterparts.”
CFO Journal: Take Five: Steps to Building a Strategically Adaptive Enterprise
February 24, 2022
“Companies characterized by nimbleness, scalability, optionality, and stability can respond opportunistically to environmental shifts and navigate periods of disruption and crisis better than their competitors. Enterprises with a high capacity for change more consistently achieve superior financial performance and valuations compared with others in their industry. Superior capabilities for change enable exponential enterprises to adapt advantageously despite challenging operating conditions, sustaining their ability to win and to deliver value to stakeholders.”
CFO Dive: 4 CFO Scenarios – and Fixes – for Inflation
February 17, 2022
““Part of taking the scenario-based view is making sure that leaders — CFOs and other leaders — are prepared no matter what future comes to pass,” according to Andrew Blau, a managing director at Deloitte. “We stress the importance of being prepared for all the scenarios.””
