2010: not business as usual for CFOs

Posted by admin in Career Ladder, Strategy & Planning on Tue, 18/05/2010 - 09:45
  • Three quarters of CFOs think economic, industry and regulatory pressures will increase over the next 3 years
  • Over 75% say they have an advisory or decision making role on the entire company agenda
  • But 47% say they are poor to average at anticipating external forces

The economy may be showing strong signs of recovery, and the appointment of a new Prime Minister may have reduced the political uncertainty plaguing UK place but finance chiefs around the globe are preparing themselves for economic, industry and regulatory turmoil over the next three years.   A new  study published by IBM last week based on interviews with more than 1,900 Chief Financial Officers and senior finance executives from 81 countries and across 35 industries, found that most expect economic, industry and regulatory pressures to increase over t

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What are your top business challenges today?

2009-08-12 14:53 - 8364 reads
Getting through to 2H 2010
7% (5 votes)
Planning strategies for growth after the recession
14% (10 votes)
Keeping down costs
31% (22 votes)
Raising capital and credit
6% (4 votes)
Maintaining a healthy cashflow
42% (30 votes)
Total votes: 71

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The Bottom Line:If Mr Cable has his way...

"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more

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