Any support in the organization and methods to streamline work and deliverables.
The assurance of broader oversight
– Facilitate exchanges within and outside the company.
In large organizations, CFOs are expected to develop cordial relationships with leaders of various functions in order to create a common vision of performance, challenges and opportunities. In an SME, where the management team is often limited to owners / partners, a CFO must oversee various functions such as human resources, IT, payroll, etc. in order to increase functional efficiency, minimize overall expenses and above all make the most appropriate choices.
Concretely, it is necessary to manage the expectations of stakeholders such as people or groups who depend on the organization to achieve their objectives:
- Internally (directors, managers, employees, workers, …)
- Externally (banks, customers, administrations, suppliers, shareholders, …)
- Who are the main actors? What is their power?
- How interested are they in obtaining information?
- To what extent do they want to assert their expectations on the objectives of the organization?