Podcast Interview: The Global CFO Study 2008: Balancing Risk and Performance with an Integrated Finance Organization

CFOs need their organizations to perform well and want to outperform their peers with consistently strong growth and big profits. They want to be superbly agile with change, tenacious with unexpected opportunities and resilient to risk. Most try to do so by letting their business units and geographies conduct Finance activities according to specialized standards and provincial preferences. But, according to a new global IBM study of more than 1200 CFOs and senior Finance professionals, this is usually the wrong approach. By becoming an Integrated Finance Organization (IFO), CFOs can empower their organizations to perform better, respond quicker and reduce risk effects profoundly by mandating standards and providing enterprise Finance governance.

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