Casualty to currency
Did South African CFOs do enough to respond to rand volatility?
The CFO's role has changed from steward of the company assets and efficient operator to forward-looking strategist for the business. strategist for the business as a whole. This transition of the CFO’s role is in turn having a knock on effect on the day-to-day organisational demands and strategic expectations placed on finance functions worldwide The need for the CFO to adapt to these fundamental changes in their mandate is becoming even more urgent in light of strong headwinds currently facing the global and domestic economy.