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You are here: Home / News / Why You Should Become Best Friends With Your Company’s Chief Financial Officer

May 3, 2014 by fiscaldoctor

Why You Should Become Best Friends With Your Company’s Chief Financial Officer

Lisa was nice enough to share the link in Fast Company on my quote for her article on seismic changes in middle market companies.

Even though this seems to be a penny wise, pound foolish trend, the roles of CFO and COO are being combined.

In a majority of situations I have seen and heard about, the CFO chair is winning over the COO chair. Think of the reason being that it is easier for the CFO to take over primary responsibility for operations than for the COO to take over responsibility for finance and accounting,

http://www.fastcompany.com/3029818/bottom-line/why-you-should-become-best-friends-with-your-companys-chief-financial-officer?partner=newsletter

However regardless of whether you agree or disagree with the situation, the trend is here. Ignore the trend at your own peril.

Filed Under: News Tagged With: best practices business leadership decisions CFO COO

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Gary W. Patterson, The Fiscal Doctor

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Contact No: 678-319-4739
Email: info (at) fiscaldoctor (dot) com

Copyright © 2016 - All Rights Reserved - Website Design by Pixelion Art

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