Boards & Governance

The Global 50: The new finance leader: Lessons from and advice for today’s CFO

April 2009

CEOs and boards look to their CFOs to take a leading role in shaping strategy, improving operations and driving bottom-line results. In the current economic environment, they must understand and evaluate the changing drivers of the business to help guide the organization past today’s challenges and contribute to the strategic decisions necessary for long-term growth and value creation as economic conditions improve. To be successful in this role of strategic business partner to the CEO, the CFO must have broad-based business and finance experience and build exceptional teams on whom they can rely unconditionally.

Spencer Stuart surveyed nearly 150 CFOs around the world and spoke with dozens more in one-on-one interviews to gain additional insight into the challenges CFOs face, the quantitative and qualitative benchmarks that define success and the business and finance experience that is required to be effective given the new expectations.

For information about copying, distributing and displaying this work, contact permissions@spencerstuart.com.

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