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CFOs new mandate is to master the change - ETCFO 14/12/2021

๐ŸšจCFO Alert๐Ÿšจ

Yet another CFO update from ETCFO - on evolving roles of CFOs.
It is time for finance leaders to lean into the evolution of their roles and reassert themselves as strategic partners and digital enablers to the business
According to the latest McKinsey survey, CFOs focus is now turning towards strategic leadership, organizational change, and finance capabilities. With this change, companies can take advantage of missed opportunities to leverage the CFOโ€™s insights and take the business forward.
Read all about this in the first comment!

CFOs new mandate is to master the change - ETCFO How should CFOs master the art of evolution considering the major transformations happening around the world? McKinsey research says, now is the time ..

Photos 23/11/2021

When managing cash flow, it is important to keep an eye on receivables, payables, and assets: As the McKinsey report suggests.
Here are six steps to ๐—จ๐—ป๐—น๐—ผ๐—ฐ๐—ธ๐—ถ๐—ป๐—ด ๐—ฐ๐—ฎ๐˜€๐—ต ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฏ๐—ฎ๐—น๐—ฎ๐—ป๐—ฐ๐—ฒ ๐˜€๐—ต๐—ฒ๐—ฒ๐˜ ๐Ÿ’ฐ
From managing - Receivables, Payables, Assets to checking underperforming assets, and recovering trapped cash in the business.
Jim Tyson, from CFO Dive, has summarised clearly the necessary steps a CFO can take to fight inflation and free up cash for your business.
Check the first comment for the link.

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