Knowledge@Wharton July 2, 2020
Productive relationships are as important for chief financial officers (CFOs) as for any other C-suite role. In fact, the quality of their relationships will be the differentiating factor for CFO success during the COVID-19 pandemic and increase the odds of improved business performance, according to Catherine Dixon, Tjai Nielsen, Divya Sadarangani and Jennifer Sturman, co-authors of this opinion piece. Dixon, Nielsen, Sadarangani and Sturman are consultants with ghSMART, a leadership advisory firm.
It’s a lonely time to be a chief financial officer. COVID-19 has disrupted business, requiring many CFOs to make tough and often painful decisions to preserve and protect their organizations. Layoffs, slashed budgets, and canceled bonuses are only fueling stereotypes of CFOs as cold-hearted number-crunchers. During periods of...
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