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Corporate Strategy: Keys to Success from the Office of the CFO

Publisher IDC
Published Mar 13, 2024
Length 8 Pages
SKU # IDC18629835

Description

Corporate Strategy: Keys to Success from the Office of the CFO


This IDC Perspective discusses the importance of corporate strategy to not only the company but also the office of the CFO. The document discloses what can happen when there is a lack of corporate strategy. It provides the process outline and technology to enable corporate strategy development. It also reveals why every executive leader needs to understand the importance of corporate strategy development and the effect it can have on the office of the CFO."Corporate strategy is paramount for the Office of the CFO to ensure the financial decisions support the execution of corporate strategy and can lead to a better financial outcome. Often, leaders avoid creating, editing, or deferring the work to their team, which can lead to the demise of an organization. If you are a director or part of the C-suite, it's part of your core duties to create one that is in alignment to the corporate strategy to help your team understand their role in achieving corporate goals." — Heather Herbst, research director, Worldwide Office of the CFO

Please Note: Extended description available upon request.

Table of Contents

8 Pages
Executive Snapshot
Situation Overview
Why Does the CFO Care About Corporate Strategy
Dos and Don'ts of Creating a Corporate Strategy
Dos of Creating a Corporate Strategy
Don'ts of Creating a Corporate Strategy
Corporate Strategy Process: What Should It Look Like
Technology Solutions for Corporate Strategy Development
What Happens to Companies That Do Not Have a Corporate Strategy
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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