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CFO Program Online Course

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  1. Module 1: Embed finance across the company
    5 Lessons
  2. Module 2: Identify profit and cash initiatives
    7 Lessons
  3. Module 3: Oversee and drive business change
    13 Lessons
  4. Module 4: Deliver data-driven strategic insights
    6 Lessons
  5. Module 5: Challenge your Board and influence strategy
    9 Lessons
  6. Module 6: Drive key decision-making
    11 Lessons
  7. Module 7: Represent your business externally
    6 Lessons
  8. Module 8: Become a critical and influential voice
    5 Lessons
  9. Module 9: Deliver the business plan
    7 Lessons
Topic 6 of 9
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Module 6: Drive key decision-making

Dan Wells October 10, 2023

There’s no doubt that the role of a CFO has changed dramatically over recent decades. With the advent of big data and technology, you now have access to more information than ever before. The CFO also has a unique perspective through a powerful combination of financial expertise, real-time performance data and knowledge of the bigger picture.

Today, CFOs are expected to be strategic partners to your CEOs, providing insights and analysis that help inform and shape business decisions. You must now not only be expert number-crunchers, but also strong communicators and strategic thinkers. You must be able to effectively articulate insights to both the CEO, the rest of the executive team and the wider business.

CFOs are in a fantastic position to support decision-making at all levels across your company, both at the strategic level and within the day-to-day implementation of the business plan. This requires you to contribute new ideas, influence opinions and back up your views with relevant data. You need to manage conflict during heated debates, read situations carefully and know when to compromise.

During this Module, we discuss the modern-day decision-making process in most dynamic businesses, how to develop a data savvy board and the CFO’s role in using data to drive business activities. We detail the CFO’s role in supporting and driving decisions, how to communicate financial information to non-finance people and how to navigate challenging conversations to reach strong outcomes.