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The CFO Perspective: Burnout and Change Fatigue Are Affecting the CFO and Their Offices

Publisher IDC
Published May 31, 2023
Length 7 Pages
SKU # IDC17976810

Description

The CFO Perspective: Burnout and Change Fatigue Are Affecting the CFO and Their Offices


This IDC Perspective discusses burnout and change fatigue for the CFO and their office. There is a significant cost for replacing CFOs and financial professionals. We discuss why burnout and change fatigue are happening, the costs of burnout and change fatigue, and some ideas on how to reduce burnout. The CFO and their offices are going to see a reduced pipeline of talent if it is not addressed."Burnout and change fatigue are affecting the CFO and their offices, which has started to impact the business. It will have a significant cost to the businesses bottom line and the talent pipeline if it is not addressed," said Heather Herbst, research director, Worldwide Office of the CFO at IDC. "We are in the digital world, and it is the perfect time to optimize the resources of people, processes, and technology. Automate business processes, leverage technology to reduce employee tasks, while increasing the insights that can quickly be converted by the technology to meaningful information."

Please Note: Extended description available upon request.

Table of Contents

7 Pages
Executive Snapshot
Situation Overview
The CFO and Their Office Bring Value to the Company
Why Are CFOs and Finance Professionals Experiencing Burnout?
Change Fatigue
Finance Professionals Are Leaving Including CFOs Because of Burnout
The Cost If Burnout Is Not Addressed for CFOs
The Cost If Burnout Is Not Addressed for the Office of the CFO
Why Can't You Just Add Resources?
What Does Leadership Need to Do to Reduce Burnout?
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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