Contenu connexe Similaire à CFO Challenges 2011 (20) CFO Challenges 20112. 2 CFO Challenges 2011 © CFO4YOU Consulting Services Private Limited All Rights Reserved 3. 3 CFO Challenges 2011 Our perception as CFO's has traditionally been that of a control freak, conservative leader, focused on bottom-line and constantly pinching with reports, analysis & dashboards, instituting challenging policies, processes & controls. If you agree, you are a fellow CFO and if you don't, you are a True CFO !! Anyway ...... its time we move on.... © CFO4YOU Consulting Services Private Limited All Rights Reserved 7. 5 Risk Averse >> to being a Risk Takers Recession had put breaks on investment for future growth as most organizations were taking tactical steps to combat recession and manage results or their very existence. We are now in recovery phase and our focus needs to shift towards LONG TERM BUSINESS GROWTH. Customer service, Talent Development, Talent Pipeline, Research & Development, New Products and Markets had all taken a back seat. It's time to open the gate for these investments to help drive long term business growth. Changing face of business coupled with new age economy, constant regulatory changes and increased volatility in performance, will require greater risk taking and as mentioned above, it'll call for us to come out of our shell and take calculated risks and investment decisions to move the business ahead for long term sustained growth.We could look at alliances to reduce burden of internal investment, look at adjacent markets and be approachable to partners with new ideas/ models / technologies. Let's rethink....what is the right Growth Strategy....are we investing enough for long term growth? Strategy applied during recession may not work during the recovery phase. Hence it may call for a change in operating model of the business. © CFO4YOU Consulting Services Private Limited All Rights Reserved 9. Creative & Flexible Cost Models. © CFO4YOU Consulting Services Private Limited All Rights Reserved 12. planning and forecasting cycle needs to shrink and be more dynamic...yet much more close to reality. © CFO4YOU Consulting Services Private Limited All Rights Reserved 13. 8 Let Go!of old limiting beliefs and become free form past burdens, taking advantage of “ THE PRESENT ". Let's take a flight of REBIRTH ! © CFO4YOU Consulting Services Private Limited All Rights Reserved 14. 9 Visit us on our website www.cfo4you.co And join us on Linkedin Twitter Facebook Blogger Contact Us : Pawan Tayla E-Mail : pt@cfo4you.co Mobile # : +91 98115 10100 IInd Floor, 42 Madhya Marg , DLF Phase II, Gurgaon 122002 , India. Phone Number +91 124 4223010