As a CFO, you need to be a bit like a coach in a soccer game. The CFO is responsible for setting the strategy, and then the Controller is responsible for putting the strategy into practice.
What does that mean? Well, it means that the CFO and Controller are responsible for providing the same data to the decision-makers. It means that the CFO and Controller should be talking about their work every day and communicate effectively.
But the data that the CFO and Controller are responsible for is a bit more than financials.
It also includes information about the company’s strategy. And it includes information about the market — the data that makes the strategy more robust and allows the team to make better decisions.
How do you do that?
You talk.
It’s like the time in a soccer game when the coach yells at the players to work together. To win, the players need to work together.
When it comes to making decisions and setting strategies, the CFO and Controller are the teams. They’re responsible for making sure that the team is on the same page.
#coach #leaders #cfo #financemanagers #leadershipinsights
