Transitioning into a new CFO role can be one of the most stressful, yet rewarding, career milestones for an individual. But a new CFO is also a disruptive event for an organization and its people. Gartner research shows that a well-engineered transition process accelerates a new CFO’s success and creates more value for the organization.
Download our guide to accelerate your impact as a new CFO.
New CFOs must tackle CFO challenges early to set themselves and their organizations up for success. However most new CFOs are forced to self-navigate, which frequently leads to slow knowledge transfer, employee disengagement and adverse impact on business outcomes.
Our research identifies four approaches that are pivotal to accelerating a new CFO’s impact in the face of CFO challenges. These include quickly understanding business risks, aligning closely with key business partners and processes, assessing Finance's current performance and developing a strategic roadmap for the function.
Identify the CFO challenges that new CFOs face, and understand how to navigate the key responsibilities and expectations associated with the early stages of your role with this essential checklist.
New CFOs face an overwhelming number of competing tasks during their first few months in seat. What CFO challenges should they prioritize? Review Gartner’s CFO-in-Transition Framework to identify the four essential approaches for addressing CFO challenges.
Developing a clear vision for Finance is a short-term priority for all new CFOs. Tackle your CFO challenges: Identify the key elements of successful Finance strategies, use tools and checklists for planning, and communicate and execute your Finance strategy effectively.
As digital technologies continue to disrupt industries and markets, the finance function must also transform to leap competition. Discover 10 trends shaping the future of finance with new processes, technologies and business models.
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Beyond managing a smooth and effective transition into your new CFO role, there are a number of CFO challenges that you must successfully deliver on to enable the growth of the finance function and the broader organization.
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