Deloitte University Press

Executive transitions: A plain English talent agenda for your transition

As a transitioning executive, setting a talent agenda is a top priority, but framing it in a way that will allow the human resources function to help translate your ideas into reality is no easy task.

Perspectives

CFO Journal from The Wall Street Journal

Deloitte writes and compiles a regular stream of CFO-centric content and timely features - research, topical digests, perspectives, insights, and technical analysis - which appear in a separate module of CFO Journal, an online publication from The Wall Street Journal. 
marbles

Perspectives

Four faces of the CFO

Framework

​Today, the role of the chief financial officer (CFO) is under greater scrutiny, internally and externally. CFOs face never ending pressure to cut costs, grow revenue, and ensure control. Economic uncertainty, increased regulatory requirements, financial restatements, and increased investor scrutiny have forced them into the spotlight. Given these factors, CFO turnover is on the rise.

CFO responsibilities

The four faces

Today’s CFOs are expected to play four diverse and challenging roles. The two traditional roles are steward, preserving the assets of the organization by minimizing risk and getting the books right, and operator, running a tight finance operation that is efficient and effective. It’s increasingly important for CFOs to be strategists, helping to shape overall strategy and direction, and catalysts, instilling a financial approach and mind set throughout the organization to help other parts of the business perform better.

These varied roles make a CFO’s job more complex than ever.

CFO steward

Steward

CFOs work to protect the vital assets of the company, ensure compliance with financial regulations, close the books correctly, and communicate value and risk issues to investors and boards.

CFO ​Operator

​Operator

CFOs have to operate an efficient and effective finance organization providing a variety of services to the business such as financial planning and analysis, treasury, tax, and other finance operations.

CFO ​Strategist

​Strategist

CFOs take a seat at the strategy planning table and help influence the future direction of the company. They are vital in providing financial leadership and aligning business and finance strategy to grow the business. In addition to M&A and capital market financing strategies, they can play an integral role in supporting other long-term investments of the company.

CFO ​Catalyst

​Catalyst

CFOs can stimulate and drive the timely execution of change in the finance function or the enterprise. Using the power of their purse strings, they can selectively drive business improvement initiatives such as improved enterprise cost reduction, procurement, pricing execution, and other process improvements and innovations that add value to the company.

More topics

Services

The CFO Program

Deloitte’s CFO Program brings together a multidisciplinary team of leaders and subject matter specialists to help CFOs stay ahead of growing challenges.

Services

The CFO Agenda

Learn what it means to be a CFO.

Sanford A. Cockrell III

DTTL Global CFO Program Leader

Ajit Kambil

Deloitte LLP Global CFO Program Managing Director

Careers

Life at Deloitte

People make Deloitte one of the best places to work. What’s great about the people? That’s an easy answer. They are exceptional. Each person is unique and valued for that, among the best and brightest in the business, and takes pride in his or her achievements and the success of others.