For CFOs looking to make a bigger impact, greater collaboration with HR, supply chain and marketing can change the value equation.
Research studies have shown that strong collaboration among CFOs and their counterparts in operations, human resources and marketing correlates with better organizational performance. However, while CFOs report strong relationships with CEOs and CIOs, they tend to have weaker ties with the CHRO, CSCO and CMO.
Increasing collaboration with these c-suiters can help CFOs improve talent acquisition and management, respond to supply chain challenges and take advantage of emerging business opportunities.
Analytics can provide the basis for greater collaboration among CFOs and their peers. Read more about this on the ThinkLeaders blog.