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What has 2020 taught finance leaders?

Posted by David Ayre on 11/11/2020

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What has 2020 taught finance leaders?

1. Broaden your skills – A finance leader has to be strong on different capabilities, from stakeholder management to business strategy and financial targets

2. Know the business – They need to be a commercial player and get involved in strategy

3. Be collaborative – Finance leaders have to form partnerships across the company, as well as being able to present results in a robust manner

4. Plan ahead – The role has moved away from being custodial in nature; strategic input is now key

5. Manage risk – The emphasis on risk has grown significantly and finance leaders must consider potential dangers when making decisions

6. Follow technology – Digital is changing the role, while data and analytics are proving to be important for strategy

7. Challenge the CEO – A CEO needs the support and loyalty of a good finance leader who will both challenge and respect them

 

2020 has shown us all that we have to be adaptable, nimble, agile, resilient, attentive and patient, if we are to not only be successful but to simply stay afloat in this world. As the role of the finance leader is evolving, so is the way the search industry has to engage, source and understand them. To work with Consultants that truly understand the current market and can pro-actively help you find the right role or attract the right people, contact myself or the team at Savant for a confidential chat.

 

 
 
 

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