Leading Digitalization When Failure Is Not An Option
CFOs are stepping in to play an important role when it comes to digitalization. As a strategist you are influencing your company’s digitalization efforts so strategic financial performance initiatives can be realized by the organization. Examples include process efficiency, operational cost reduction and sales growth and margin expansion.
“If there is one benefit coming out of COVID it’s that many companies are jumping starting their digitalization efforts. Given CFOs are expected to provide contemporaneous information they need to be immersed in their company’s digitalization efforts. By so doing they can influence these efforts, so needed information is captured and seamlessly provided as its incurred. In this way when the CEO asks what’s the pulse of the patient the CFO has the answer in hand.”
John Gimpert, Conference Co-Chair & National Content Director, CFO Leadership Council
Digitalization can maximize and leverage data to help identify strategic growth opportunities for the business. Technology has been reshaping business in many ways and after COVID, new focus on digitalization has emerged. Companies are using less traditional processes and focusing spending on digital transformation.
But why? Digital transformation is essential for every business as it allows you to get closer to your customers, see how products are performing, and to help stay a step ahead of competitors. In order to find a successful form of digitalization, focus on how the technology solves the problem and not the actual technology itself.
The CFO Leadership Council has formed an expert panel ready to help you plan your roadmap to success. Part of our 11th annual conference, A New Hope, June 7-9, 2021. Danielle C. Pierre of Thermo Fisher, Madhu Ranganathan of OpenText, Christine Laurens of Kearney and Rauli Gargia of Sage Intacct, Inc. will take the “stage” on Wed June 9th @ 2:30pmET. Grab your seat & bring your questions.
About A New Hope
Our 11th annual CFO Leadership Conference, A New Hope is being held June 7-9, 2021. A virtual 3-day experience with a theme of breakout energy, forward progress, growth & achievement! This year’s conference is about the initiatives CFOs are taking on as they face off to today’s new reality. CFOS are moving quickly to position their finance function and company for success. Our conference will bring to you the finance executives who are undertaking these initiatives and executing on them flawlessly with success. They will share their stories in leadership. Reserve your spot today! www.cfolc.com/conference
All Conference Sponsors are offering a $49 discount. Be sure to grab one. Click here to get started.
About The CFO Leadership Council
What began as a personal experiment back in 2006 has evolved into a prominent community, 2000+ members strong, across North America. The CFO Leadership Council offers both in person and online options featuring expert panelists and interactive sessions that foster meaningful connection and drive practicable outcomes. Our collection of resources, similar to this article, contain pragmatic insights and advice created directly by our members and industry experts. Recordings of CFOLC webcasts are made available to our current CFOLC Premium & Virtual members. For a full list of programs, visit www.cfolc.com.
Want to Continue the Conversation?
We’d love to hear from you. Post a comment about your experiences or provide feedback below to continue the discussion about how creative leadership in the current climate. Or contact Kristin Todd, Vice President of Marketing, [email protected]
The post Leading Digitalization When Failure Is Not An Option appeared first on CFO Leadership.
By: Kristin Todd
Title: Leading Digitalization When Failure Is Not An Option
Sourced From: cfoleadershipcouncil.com/2021/05/17/leading-digitalization-when-failure-is-not-an-option/?utm_source=rss&utm_medium=rss&utm_campaign=leading-digitalization-when-failure-is-not-an-option
Published Date: Mon, 17 May 2021 21:44:49 +0000
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