The CFO released the 2014 CFO Sentiment and Planning Study. The survey findings include valuable insights regarding how CFOs plan to deliver on optimistic expectations in the face of what they view as macro-economic headwinds. Here they are: --The evolution of the CFO role will accelerate in 2014, with 79% reporting that their role will change from 2013. Such changes include a greater involvement in matters related to corporate direction, strategy and increasing long-term shareholder value, broader organizational responsibility and increased operational responsibility. --Growth strategy for 2014 includes looking beyond organic growth to deliver company growth with a majority of CFOs ranking channels such as M&A activity as a top priority to driving growth. Additionally, more than half report they will drive growth in 2014 by becoming more customer centric, including through improving responsiveness and a greater focus on meeting customer expectations. and --Economic conditions and uncertainty over government regulations continue to be factors influencing business strategy - 44% report US economic conditions as having the greatest impact on 2014 budget forecasts.
Posted on: Mon, 10 Mar 2014 17:23:33 +0000