The CFO conundrum

Plus, CEOs’ 2024 priorities ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
McKinsey Highlights
McKinsey highlights

The job of the senior finance executive isn’t what it used to be. Traditional duties—including budgeting, planning, and risk mitigation—remain crucial components of the role. But CFOs now also serve as advisers to CEOs on organizational priorities and strategy, performance challengers, innovation champions, leaders of major investments and transactions, and convenors of cross-enterprise initiatives. And in today’s volatile business environment, CFOs must evaluate the potential impact of climate risks, geopolitical tensions, macroeconomic disruptions, and technological advances.

In our first featured story, McKinsey’s
Ankur Agrawal, Christian Grube, Karolina Sauer-Sidor, and Andy West interview eight former CFOs about their finance careers and outline five priorities that CFO hopefuls should consider embracing. Our second story explores how CFOs can raise their games above functional expertise to achieve real strategic impact. Other highlights include the following topics:

Explore

— Edited by Eleni Kostopoulos, managing editor, New York

Share these insights

Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here.

This email contains information about McKinsey's research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy.

You received this email because you are a registered member of our Monthly Highlights newsletter.

Manage subscriptions | Unsubscribe

Copyright © 2024 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007


by "McKinsey Highlights" <publishing@email.mckinsey.com> - 11:15 - 4 May 2024