039: Rethinking The Role Of The Modern CFO with Alena Bennett

10 or 20 years ago, the role of CFOs in the corporate world was pretty straightforward. They kept books and records for their companies, did financial reporting, and maintained statutory compliance. Interestingly, CFOs operated behind the scenes and made company decisions sorely based on budgetary reasons; all the other strategy implementation and decision-making were left to the rest of the C-Suite executives. But in today’s world, that’s no longer the case.

Gone are the days when CFOs only had technical skills that revolved around financial reporting, compliance, and audits. The CFO of today plays a key role both in capital allocation and corporate leadership decisions.

Unfortunately, not many CFOs possess the crucial leadership skills needed to accommodate the quick pace of innovation and heightened competition in today’s economy. And sadly, not many are willing to learn these essential skills. So, what can be done the situation? Today’s conversation with Alena Bennett is centered around outlining the roles and responsibilities of the modern CFO and helping current and aspiring CFOs develop effective leadership and communication skills.

Topics we Discussed Include: