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CFOs are taking on greater strategic and enterprise-building roles after guiding their organizations through the challenges of COVID-19.
CFO Research of Argyle Advisory & Research Services and FTI Consulting surveyed 325 corporate finance executives to better understand how CFOs and the finance function drive enterprise value.
Five key themes
- The work of CFOs during the pandemic has earned them the right to be strategic leaders in their organizations, as the pandemic shined a spotlight on their ability to lead via corporate scenario modeling and planning.
- In the face of a “new normal” economic environment, CFOs maintained productivity with remote teams. In response to COVID-19, 71% of their physical finance teams will remain remote or mostly remote, the survey shows.