Almost half of senior executives worry that leaders aren’t prepared to manage the future workforce. There are 4 steps finance leaders can follow to build a successful finance team.
Download the guide to adapt your leadership style and meet the workforce’s evolving needs.
Talent supply and demand increasingly concerns CEOs. CFOs worry too. Three in four finance organizations are likely to face a capability shortage because the finance team hasn’t yet mastered nontechnical skills like innovation and digital dexterity. And few finance-specific competency models and career paths exist. But, successful finance teams help CFOs reduce costs, increase clock speed and make more financially sound decisions.
Advanced technology, matrixed decision making and new service delivery models are changing the skills, competencies and behaviors that the finance team needs for success. It’s critical that finance leaders undergoing finance transformation expand finance team recruitment beyond traditional finance backgrounds and deploy an employability- and experience-based development model, not a ladder- and training-based framework.
To build a successful finance team and lead the next-generation workforce, CFOs take four steps:
Monitoring talent trends likely to impact the finance team helps finance leaders develop a better understanding of today’s work environment and inform their strategic workforce plans.
Download Gartner’s article and learn how to monitor talent trends.
Too few finance leaders have a forward-looking assessment of the finance team’s strategic capabilities. A better approach to managing current and emerging skills is required.
Download Gartner’s article to learn how to develop finance team skills.
Finance leaders must adapt to changes in how finance talent searches for jobs, what motivates finance talent, and what finance analysts need to be high performers.
Download Gartner’s article on attracting, engaging and retaining high-performing finance team analysts.
Nearly one-third of CEOs cite misaligned leadership styles and nearly half of CEOs cite outdated work processes as critical talent management challenges.
Download Gartner’s article to learn how to adapt leadership style and structure to the needs of today’s finance team.
Questions about becoming a Gartner client?
Make better, faster decisions with expert insights and strategies for building the finance function of the future.
Listen to the Head of FP&A at W.L. Gore discuss how Gartner supported the finance competency development strategy.
Gartner’s finance experts include more than 35 people worldwide. Meet a few of our leaders.
Gartner for Finance provides insights, advice and tools to help finance leaders make the right decisions to drive business results.
