Gartner Research

CFOs in Transition — Accelerating Time to Impact

Published: 15 April 2019

ID: G00707320

Analyst(s): Finance Research Team

Summary

To accelerate time to impact, successful new-to-role CFOs take a four-phase approach to navigate their transition. They prepare by understanding context-related risks, connecting to the organization, assessing the finance function’s performance, and acting to create a strategic roadmap for the function.

Table Of Contents

Introduction

Table 1: CFO-in-Transition Profile Summary

Table 2: CFO-in-Transition Scenarios

Prepare

Mitigate Team Change Aversion

Minimize Team Change Uncertainty

Facilitate Team Agility and Alignment

Connect

Build Stakeholder Relationships

Prioritize Stakeholder Relationships

Build Relationships Based on Credibility

Clarify Boundaries and Expectations

Build Team Trust

Establish Your Personal Brand

Assess

Assess Finance Performance, Costs, Process Maturity and Alignment

Table 3: Recommended CFO Transition Assessment Tools

Assess Your Talent Profile

Assess Organization Design

Act

Establish Strategic Vision, Update Roadmap

Identify Potential Functional Risks

Measure Improvement

Table 4: Sample Finance Targets and KPIs

Recommended by the Authors

About This Research

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