Scaling Your Finance Function During Rapid International Growth
Revisit the invaluable insights from veteran CFO Paul Glover and Senior Account Manager Bo Wu as they discuss international growth management, infrastructure importance, and team mindset fostering, along with the latest CFO strategies for 2024.
Here are the highlights of the webinar:
– Scaling a finance function for international growth is challenging but critical for business expansion. Key aspects include organizational structure, team, systems, policies and documentation.
– Common pain points CFOs face include lack of consolidation, automation and real-time data/insights. Building a single source of truth streamlines operations across borders.
– Successful CFOs display futuristic thinking, agility, ability to integrate people/processes/tech and global ambition. Self-awareness helps navigate the unknown in new markets.
– Building local teams when cross-border friction occurs helps. Centralized systems with flexibility also support growth. Partnering leverages expertise.
– Overcoming resistance to change requires strong culture emphasizing core values, fluid roles and right hiring. Continuous learning mindsets adapt better to evolving needs.
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