8November 2016The Speed of Technological Change | The Role of the CFOBy Jackie Combine, CFO, Technology & Operations, Thomson ReutersThere is no better time to be a CFO. We have an abundance of opportunities to partner to advance the short and long-term goals of our organizations. Gone are the days when the finance function was looked to simply for managing the "purse strings." In fact, CFOs of today are increasingly expected to drive strategic value across all facets of the organization. The traditional responsibilities are still there, of course--but the toolbox from which CFOs operate is changing.Technology plays an increasingly important role in organizational success. Rapidly changing technologies create ever-expanding opportunities for organizations to improve their offerings and their margins. However, the rate of the technological change that many companies face today also presents some challenges: the need to balance internal demands and manage risks while at the same time maximizing earnings.Successful companies will embrace these challenges as opportunities and have greater optionality to transform their business--leading to stronger long-term organizational health.The ever-changing technology landscape creates opportunities for CFOs to partner with their CIO and CTO counterparts in ways that didn't exist in the past. This is driving CFOs to think differently about their roles and their organizations--ultimately partnering to reshape the future of the firm and, in some cases, the markets in which they operate.The evolution of technology in recent years has driven many CFOs to develop a far deeper knowledge and comprehension of the technology landscape. It is becoming crucial for CFOs to better understand areas including the enterprise "engine room" that powers the internal ecosystem, what customers value from In My OpinionJackie Combine
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