Amid remote work, CFOs expected to impart digital change

58% of CFOs believe the finance chief is responsible for imparting digital change at his or her company, a recent survey finds.

Fifty-eight percent of CFOs believe the CFO is responsible for imparting digital change at his or her company, according to a survey by Tata Consultancy Services (TCS). Yet, half admit their organizations’ execution of change management is falling short.

The TCS 2020 CFO Study, conducted with more than 500 CFOs earlier this summer, found finance leaders acknowledge workforce evolution is a pressing challenge. Within five years, respondents said, they expect to be playing a critical role across a range of leadership priorities far outside finance, and are making significant investments in developing their technology skills.

But achieving their goals requires more than just technological fluency; the entire enterprise must learn to operate differently. To that end, the task of recalibrating the workforce for digitization is increasingly falling to the CFO, the survey found.

Source: CFO Dive

Share on facebook
Share on Facebook
Share on linkedin
Share on LinkedIn