Leadership: A CFO for tough times
The CFO you have for the best of times is not necessarily the same person to carry you through tough times. It demands a very different skill set. Some CFOs will adapt, but not all.
In this week’s podcast Phil Dobbie talks to Barbara Ould, a director at Vantage Performance, who suggests that when times are tough all CFOs need to step up to the plate. They’ll need to demonstrate their strengths with numbers, but equally they’ll have to demonstrate strong people management skills as work to ensure that, at every level, the company is making sensible decisions.
Now is the time to ask whether you – or your CFO – will make the grade. If not, it might be time to call-in a turnaround specialist to help manage your financial affairs.