How CFOs can balance competing demands in the digital age

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How the role of the CFO is evolving
The responsibilities of the chief financial leader are broader and more diverse than ever. With the increased adoption of digital technologies, disruptions caused by the COVID-19 pandemic, and a wave of geopolitical and economic uncertainties, CFOs are increasingly taking on a pivotal role in their organizations’ strategic agendas. Explore these insights to understand how CFOs should balance their traditional responsibilities with the new CFO mandate.
Read more
IN CONVERSATION
Portrait of businesswoman working on laptop at workstation
The new CFO mandate
How finance leaders can reconcile and fulfill their growing portfolios of responsibilities.
Understand changing responsibilities   >
The CFO's role in talent development
By taking the lead in enhancing financial acumen and other capabilities throughout the company, CFOs can raise their leadership profiles and their organization's game.
Understand the impact   >
A group of young businesspeople having a meeting in a modern office
The CFO's critical role in innovation
By embracing discipline and well-defined processes, innovation teams can make finance leaders their biggest allies.
Understand the shifts   >
FURTHER READING
The evolution of the CFO
The evolution of the CFO
CFOs are playing an increasingly pivotal role in driving change in their companies. How should they balance their traditional responsibilities with the new CFO mandate?
Lead substantive change  >
The one task the CFO should not delegate: Integrations
The one task the CFO should not delegate: Integrations
The numbers show that when the finance chief is directly involved in identifying potential synergies, transformation and value-creation opportunities, and cultural pitfalls, companies see greater deal success.
Capture more value   >
Going global: A conversation with Revolut's CFO Mikko Salovaara
Going global: A conversation with Revolut's CFO Mikko Salovaara
While other fintechs seek to establish a beachhead in a specific region or category, UK-based Revolut is looking to build a global ecosystem from the start.
Listen to the episode  >
Kevin Ozan
'Fast action' in fast food: McDonald's CFO on why the company is growing again
Kevin Ozan became CFO of McDonald's in 2015. Since then, the restaurant chain has had a string of successes. Here's his take on what's working, what's not, and what's next for the iconic brand.
Get perspective  >
Reinventing the CFO for the digital age
Reinventing the CFO for the digital age
Digitization raises the demands on CFOs, along with the scale and influence of the role. How should finance chiefs reinvent?
What’s next  >
The making of a megadeal: Howard Ungerleider on the merger of Dow and DuPont
The making of a megadeal: Howard Ungerleider on the merger of Dow and DuPont
The CFO of Dow shares his experience of leading one of the most complex mergers and spinouts in history.
Be curious   >
CFO leadership in the COVID-19 crisis
CFO leadership in the COVID-19 crisis
How finance leaders are prioritizing their activities to maximize their roles on the executive team.
Pivot your approach  >
The CFO's role in capability building
The CFO's role in capability building
Organizations developing new skills for the next normal must determine exactly how and where to invest in them. The finance leader is uniquely suited to provide the necessary combination of insights.
Prepare for the next normal   >
How the CFO enables the board's success, during COVID-19 and beyond
How the CFO enables the board's success—during COVID-19 and beyond
Two board experts explain how in times of crisis or transformation, the CFO can serve as a rock in the boardroom, a critical arbiter of difficult decisions, and a scout for the future.
Read the interviews   >
To see more essential reading on topics that matter, visit McKinsey Themes.
— Curated by Joyce Yoo, a digital editor based in New York
McKinsey & Company
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