CFOs are increasingly prioritizing risk management, leveraging scenario planning to anticipate challenges and unlock new opportunities. This involves a rigorous, outward-looking, and dynamic approach to scenario development and communication. The CFO role has expanded to encompass strategic leadership, capital allocation, competitive advantage, and risk management, positioning them as potential CEO contenders.
As companies navigate today’s complex business and geopolitical landscape, CFO s have seen risk management rise to the top of their priorities. They’re increasingly using scenario planning as a key tool to manage risk and strategically unlock new value-creation opportunities.
The role of the CFO has evolved far beyond traditional financial management. Today’s CFOs are pivotal strategic leaders, focusing on three core responsibilities: optimally allocating capital, sustaining and deepening sources of competitive advantage, and managing risk. Their expanded scope makes them natural contenders for CEO positions. In 2023,is operating partner at Andreessen Horowitz.
CFO Risk Management Scenario Planning Strategic Leadership Capital Allocation
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