Can a CFO influence company culture? How?
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CFO Advisory Director in Finance (non-banking)3 years ago
Absolutely YES
Lead by Example
Align Financial decisions with company values
Communicate Communicate Communicate.
Assist others to learn about the numbers.
Cross department collaboration ( try xp&a)
Support Innovation and measured risk taking ( don’t always be the most risk averse person in the room )
Have performance metrics that are valuable , understandable and allow business folks to take action ( in a real time or very timely manner )
A CFO is part of the company's leadership team and as a result, holds significant influence over a company's culture. It's not just about crunching numbers and managing finances. The actions and choices made by a CFO can have a real impact on how things work. By making sure financial strategies align with the company's values and long-term goals, the CFO can create a culture of being responsible with money and keeping things transparent. And it's not just all about the money. A CFO can set a good example by promoting ethics, accountability, collaboration and integrity throughout the whole organization. By communicating well, encouraging teamwork, and creating a supportive atmosphere, the CFO can really shape the culture and help the company reach new heights.