Trump’s election victory, coupled with Republican control of both houses of Congress, means we are likely to see a strong and decisive start to his presidency, with tax reform high on the agenda.
In the last decade, we’ve seen the role of CFO increasingly take on more responsibilities and move away from just sorting out the finances. 2017 will be no different, with your leadership and decision-making tested by many issues.
We’ve highlighted four significant issues you’ll need to deal with in 2017.
The Chief Information Officer (CIO) and Chief Technical Officer (CTO) play a key role in sourcing new technology that can be used to develop and grow an organization's business. This includes using advanced analytics to examine data and develop future strategy based on trends and other information mined from the data. The information is invaluable, and this is the reason why it's so important that C-suite executives responsible for long-term strategy have access to these advanced tools. In particular, large and mature organizations can leverage the information derived from advanced analytics to increase profitability, position the company and optimize performance.
In many organizations – even very well-run ones – there often seems to be an innate strain between the Chief Financial Officer (CFO) and the Chief Supply Chain Officer (CSCO). While many companies try to gloss over the differences, others take a more direct approach to resolving the situation.