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Friday, September 13, 2013

From Deloitte SA : Seven questions finance executives should be asking to up their game strategically

Seven questions finance executives should be asking to up their game strategically 

 click on the given below link for article

 http://deloitteblog.co.za/wp-content/uploads/2013/09/CFO-Insights-Are-you-a-strategic-CFO-Seven-essential-questions.pdf

 

 


 

s the CFO role continues to evolve, it is imperative that finance executives up their game strategically. That doesn’t mean simply knowing the latest strategy theory or fad. It means being able to advance your organization’s growth or improve its competitive position by identifying the key constraints holding it back, and then using finance to free it from those constraints. In other words, today’s environment requires a CFO to be not just a strategist, but a pragmatic strategist.
To get there means cultivating a mind-set where you ask the right questions about where your company is currently positioned, what is holding it back from achieving its potential or what could hold it back, and then framing what you might do to move the company forward. In this issue of CFO Insights, Ajit Kambil, Ph.D., global research director for Deloitte’s CFO Program and a director with Deloitte LLP, draws from his experience leading the Deloitte CFO Transition Lab™ program worldwide to explain how CFOs may become more pragmatic strategists and in the process identify opportunities for finance to create value.
The critical questions
Some CFOs may have a strategic mind-set naturally. But based on the outcomes of more than 100 Labs, it is clear that such a mind-set may also be cultivated by asking the following seven questions.
For a more detailed discussion, feel free to contact Professor Rodger George of Deloitte Consulting at rogeorge@deloitte.co.za
- See more at: http://deloitteblog.co.za/2013/09/13/seven-questions-the-cfo-should-ask-to-up-their-game-strategically/?goback=%2Egde_3044917_member_273532047#sthash.Q6wvAzYm.i4BDV5ii.dpuf
s the CFO role continues to evolve, it is imperative that finance executives up their game strategically. That doesn’t mean simply knowing the latest strategy theory or fad. It means being able to advance your organization’s growth or improve its competitive position by identifying the key constraints holding it back, and then using finance to free it from those constraints. In other words, today’s environment requires a CFO to be not just a strategist, but a pragmatic strategist.
To get there means cultivating a mind-set where you ask the right questions about where your company is currently positioned, what is holding it back from achieving its potential or what could hold it back, and then framing what you might do to move the company forward. In this issue of CFO Insights, Ajit Kambil, Ph.D., global research director for Deloitte’s CFO Program and a director with Deloitte LLP, draws from his experience leading the Deloitte CFO Transition Lab™ program worldwide to explain how CFOs may become more pragmatic strategists and in the process identify opportunities for finance to create value.
The critical questions
Some CFOs may have a strategic mind-set naturally. But based on the outcomes of more than 100 Labs, it is clear that such a mind-set may also be cultivated by asking the following seven questions.
For a more detailed discussion, feel free to contact Professor Rodger George of Deloitte Consulting at rogeorge@deloitte.co.za
- See more at: http://deloitteblog.co.za/2013/09/13/seven-questions-the-cfo-should-ask-to-up-their-game-strategically/?goback=%2Egde_3044917_member_273532047#sthash.Q6wvAzYm.i4BDV5ii.dpuf

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