Future pathways to finance leadership
This report, drafted in partnership with ACCA (Association of Chartered Certified Accountants), explores how aspiring CFOs should plan their own careers to successfully lead the finance function of the future.
“Future pathways to finance leadership” shares findings from a global study undertaken jointly by IMA and ACCA on the future careers of CFOs. Combining a global survey and interviews with leading CFOs, the research provides insights from today’s finance leaders on how they see the role of the CFO evolving, and explores the developments shaping finance leadership in the future.
- We will see more automation of finance activities, and in the shorter term, an ongoing change to the footprint of finance operations to deliver efficient and standardized finance services. At the same time, the growing diversity of the finance organization will itself present new leadership challenges and call into play new capabilities.
- There will be more regulation and more scrutiny on how the business achieves its performance levels. We can expect significant developments and challenges to finance teams to drive insights to create advantage in what will be a more complex, competitive international environment
- Ongoing research in this area suggests that a core understanding of fundamental finance concepts will remain as relevant for future finance chiefs as it does today for current CFOs.