The New CFOs is the first book to provide a framework for the success of corporate finance teams in the coming years, in particular the changing role of the CFO and the new demands made of this position after the global financial crisis.
In the aftermath of the financial crisis, the spotlight is even more on the role and activities of the CFO. Specifically, CFOs need to accelerate three aspects of their role: develop dynamic and distinctive risk management capabilities, motivate and align increasingly diverse work providers, and design and operate effective financial processes for internal and external customers. The winning CFOs in the next decade will be the ones who get the basics right, who prioritise their efforts, and who invest in the leadership development that creates the institutional capacity to achieve and sustain leading industry performance. CFOs need to embrace the new challenges and opportunities created by the financial crisis. The New CFOs provides the fundamental road map to success in this new environment for finance officers, their teams, and the organizations who employ them.
The New CFOs a wonderfully clear, engaging, insightful exposition of what it takes to build a great CFO, and filled with practical advice to help CFOs survive and thrive
Zarin Patel, CFO, BBC
These are difficult times for leaders who are faced with the task of managing an organization's finances and its risks in the face of uncertainties created by the financial crisis and the ongoing economic recession. This book, based on extensive research, interviews and experience, provides valuable practical advice. As a former CEO, financial regulator, and current board member, I would want my senior management team - and especially my CFO - to embrace the ideas and mindsets presented in this book
Ernst Csiszar, MasTec Corporation
Companies now need to restore the CFO's rightful position of understanding the drivers of value and risk management, so that they are able to provide independent challenge. This book shows you how
Allister Wilson, Partner, Ernst & Young
Liz Mellon is the executive director of Duke Corporate Education, and was one of the two founders of Duke's London office in 2000. David C. Nagel has over 30 years' experience in the global energy industry, having worked for Amoco and now for BP America Inc, where he is Executive Vice President. Robert Lippert is a financial economist and is a member of the Duke Corporate Education Global Learning Resource Network. Nigel Slack is the Professor of Operations Management and Strategy at Warwick Business School and head of its Operations Management Group.