Take the CFO 3.0 challenge!
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Technology may be the enabler, but the extent to which it transforms a business lies with those who are bold enough to take the lead. Do you have what it takes to be a trailblazing finance leader? Discover if you can truly call yourself a visionary CFO 3.0.
Does your role encompass more than financial responsibility (for example strategic decision making, change management)?
?
1
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No
C
A little
A
Yes, significantly
B
Did you know
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In our survey, 94% of financial decision makers stated their role has expanded over the past five years and it is no longer just about fiscal responsibility.
94%
Do you make business decisions based on data?
No, sometimes I use gut feel
Most of the time
Yes, my decisions are always data-driven
2
Over two thirds of CFOs (70%) said they still make decisions based on gut feel rather than data.
70%
Are you responsible for digital transformation in your organisation?
No, that’s not part of my role
I’m partly responsible
I have full responsibility
3
Over two thirds (70%) of CFOs have full responsibility for digital transformation, a relatively new responsibility in their command.
Do you think emerging technology such as automation and artificial intelligence will make you more efficient and accurate?
No, it won’t
It might
Yes, it will
4
Half of all respondents agreed that emerging technologies will improve their efficiency and accuracy in areas such as data governance and strategic and financial planning.
50%
Are you concerned that automation could replace your job?
Yes, I am
I’m concerned it could replace some parts of my job
No, I’m not concerned
5
Almost two -thirds of financial decision makers (61%) worry automation may replace their jobs.
61%
Do you see being skilled in technology as important to your future career?
Absolutely
Somewhat
6
Over three quarters (78%) view technology literacy skills as essential to the future of the finance department.
78%
How confident are you in your digital skills?
Not confident
I’m confident in my digital skills
Somewhat confident
7
Almost one third (31%) of respondents said they were concerned about their lack of digital skills.
31%
You are CFO 1.0: The historian
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Your role reflects the traditional view of the finance professional as a historian of company financial data and past performance. While there’s still a place for traditional skills, forward-thinking CFOs need to spot issues and make decisions in real-time and predict the future, aided by data and technology.
Hannah
You are a forward-thinking finance professional who analyses performance, often aided by data and technology. While CFO 1.0 could tell their colleagues what happened, you add the “why” and help your organisation use data to gain critical strategic insights.
You are CFO 2.0: The real-time analyst
Your role reflects the traditional view of the finance professional as a historian of company financial data and past performance... Download our research to discover how you can join the new breed of trailblazing finance leaders who are driving digital transformation.
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Congratulations! You are one of the new breed of trailblazing finance leaders who uses data and emerging technology to create a vision for the future of your business. Embracing techniques like predictive analytics, you are in the driving seat of digital transformation.
You are CFO 3.0: The visionary
