Business Chief APAC+ANZ Magazine February 2021 | Page 127

THE CHIEF FINANCE AND INSIGHTS OFFICER
The nature of executive roles one course of action will interact is forever changing , as digital with other elements of the business , transformation reshapes the and ultimately figuring out how to capabilities and demands placed make the company more nimble . on companies ’ leaders . Sarda reflects “ If the world keeps undergoing the that the traditional role of a Chief kinds of crisis that we ’ ve been seeing , Finance Officer ( CFO ) may look the companies that end up being very different in just a few years . successful are going to be the ones
“ Historically , a CFO uses past data to that manage to have more variable explain why things have happened practices ,” he adds . “ Passive and provide analysis . Going forward , knowledge of things like accounting I think that the CFO role will become is going to evolve towards strategy , far more about providing insights for ecosystems and therefore future decision making ,” he says , outsourcing and the need for adding that the role will become platforms like C2FO that can help about developing insights into how provide good data in those areas .”
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