As the demands placed on Finance continue to expand, CFOs are challenged with the paradox of delivering a stable, highly effective finance environment while also providing the agility to respond and react to rapidly changing business climates. The IBM Global CFO Study 2008 focuses on how Finance organizations can balance competing priorities of growth, risk and performance insight, while adding significant value to the business.
The CFO Study surveyed more than 1,200 CFOs and Senior Finance Executives from 79 countries , representing every major industry sector. Of this total, one-half made time for in-depth, one-on-one conversations conducted by IBM consultants. The result is a roadmap for how CFOs, as truth-owner, can help shape operational decisions and strategic direction. The CFO Study mentions how executives with Integrated Finance Organizations understand this relationship with the truth and what actions can be taken to build new flexibility and agility by being more disciplined, and improve speed by being organized and connected.
In the 2010 Global CFO Study, one group of Finance organizationscalled Value Integratorsconsistently outperforms their peers. They are not only more effective, but their enterprises also perform better financially. Click the link below to find out their secret for excelling in tough economic conditions.