How do you turn risk management into a competitive advantage to help drive performance? CFOs are increasingly tasked with this mandate as their role evolves strategic partner of the CEO.
In the past, risk management was performed in silos, separate from the overall performance management function. CFOs now need to take a holistic approach and integrate the two to create a competitive advantage and differentiator for their organizations.
More and more CFOs who are effective and successful are playing strategic roles in their organizations and getting involved in wide-ranging initiatives, such as helping address new operational challenges, implementing new technologies and enhancing brand image, all with an eye to risk. In other words, CFOs are rolling up their sleeves and helping integrate risk management with strategic planning, financial management and performance.