Finance Team Optimization

Finance team hiring, development, engagement and retention best practices

Leading the Finance Team of the Future

Almost half of senior executives worry that leaders aren’t prepared to manage the future workforce. There are 4 steps finance leaders can follow to build a successful finance team.

Download the guide to adapt your leadership style and meet the workforce’s evolving needs.

Download Guide

Lead the next-generation of financial talent with confidence.

By clicking the "Continue" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

Contact Information

All fields are required.

  • Step 2 of 3

    By clicking the "Continue" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

    Company Information

    All fields are required.

  • Step 3 of 3

    By clicking the "Submit" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

    A partner should not be defined as someone who is loyal to the fault. We must constructively challenge the way the business thinks.
    CFO, computer software and services company

    Finance team skills and needs are changing rapidly

    Talent supply and demand increasingly concerns CEOs. CFOs worry too. Three in four finance organizations are likely to face a capability shortage because the finance team hasn’t yet mastered nontechnical skills like innovation and digital dexterity. And few finance-specific competency models and career paths exist. But, successful finance teams help CFOs reduce costs, increase clock speed and make more financially sound decisions.

    Effective talent managers are 50% more likely to exceed their financial goals.

    Adapt finance team management for the digital business

    Advanced technology, matrixed decision making and new service delivery models are changing the skills, competencies and behaviors that the finance team needs for success. It’s critical that finance leaders undergoing finance transformation expand finance team recruitment beyond traditional finance backgrounds and deploy an employability- and experience-based development model, not a ladder- and training-based framework.

    Effective talent managers are 50% more likely to exceed their financial goals.

    Insights you can use

    To build a successful finance team and lead the next-generation workforce, CFOs take four steps:

    1. Monitor finance talent trends

    Monitoring talent trends likely to impact the finance team helps finance leaders develop a better understanding of today’s work environment and inform their strategic workforce plans.

    Download Gartner’s article and learn how to monitor talent trends.

    Nearly 50% of CEOs believe their executive team is ineffective at collaborating with one another to manage the next-generation workforce.
    Only about 50% of CEOs are confident their executive team can identify emerging skill needs.

    2. Manage current and emerging finance team skills

    Too few finance leaders have a forward-looking assessment of the finance team’s strategic capabilities. A better approach to managing current and emerging skills is required.

    Download Gartner’s article to learn how to develop finance team skills.

    Only about 50% of CEOs are confident their executive team can identify emerging skill needs.

    3. Attract, engage and retain finance talent

    Finance leaders must adapt to changes in how finance talent searches for jobs, what motivates finance talent, and what finance analysts need to be high performers.

    Download Gartner’s article on attracting, engaging and retaining high-performing finance team analysts.

    Effective talent managers are 4x more likely to retain key employees.
    There is up to 26% employee performance improvement under connector managers.

    4. Adapt finance leadership style and structure

    Nearly one-third of CEOs cite misaligned leadership styles and nearly half of CEOs cite outdated work processes as critical talent management challenges.

    Download Gartner’s article to learn how to adapt leadership style and structure to the needs of today’s finance team.

    There is up to 26% employee performance improvement under connector managers.

    Questions about becoming a Gartner client?

    Gartner Finance Webinars

    Make better, faster decisions with expert insights and strategies for building the finance function of the future. 

    Case Study

    Building a successful finance team at W.L. Gore

    Listen to the Head of FP&A at W.L. Gore discuss how Gartner supported the finance competency development strategy.

    Gartner Finance Group experts

    Gartner’s finance experts include more than 35 people worldwide. Meet a few of our leaders. 

    Jake Dunne headshot

    Jake Dunne
    Director, Advisory
    Vince Griffin headshot

    Vince Griffin
    VP, Advisory
    Meghan O’Doherty headshot

    Meghan O’Doherty
    Senior Principal, Advisory
    Craig Wilton headshot

    Craig Wilton
    Senior Director, Advisory

    Gartner’s finance experts are trusted, objective advisors for 1,750+ finance organizations

    Gartner for Finance provides insights, advice and tools to help finance leaders make the right decisions to drive business results.