It was only two years ago that CFOs had to step up during the darkest days of the pandemic to help their organisations deal with one of the biggest crises facing business since the 2009 recession. The next year looks like it might be just as challenging and so now more than ever leadership teams need a strong CFO.
The good news is that the role of the CFO has evolved significantly since 2009 and many of today’s financial leaders have a much wider remit and accompanying skill set which means their ability to support the business goes far beyond core finance.
They also have the recent experience of volatility gained from 2020 when the sudden economic impact of a global lockdown meant that agility and the ability to pivot quickly became key to survival.
In the past it was assumed that a CFO traditionally focused on cost cutting when businesses were facing uncertainty but times have changed and the current situation is far more complex so will demand a far more nuanced approach.
Over the next few weeks we’ll be exploring how CFOs can support their leadership teams and wider businesses through this period.
In the meantime if you would like to talk to us about your hiring plans for finance talent or find out more about working with TalentEdge and Talentarc to strengthen your businesses capability to tackle both the current and upcoming challenges please do get in touch with Lucy Davison at lucy.davison@talentedge.co.uk to discuss.
Continuing on with our CFO series, this week I was fortunate to catch up with Camilla Taylor of SaaS startup What3Words. What do you make of the current UK startup market? My first CFO startup role was in 2013. Back then, the market felt characterised by funding gaps – most notably between Seed and Series…
Read MoreDownload our Talentedge Ireland Finance Salary Guide
Read MoreDownload our Talentedge HR & Talent Salary Guide
Read MoreThe Panel: Carmen Carey, CEO at Sorted Uthish Ranjan, Principal at Octopus Ventures Camilla Taylor, Startup/Scaleup Advisor Anthony Rawlinson, CFO at Papier Our Panellists Carmen Carey, CEO at Sorted Carmen has spent 25 years helping fast-growing SaaS businesses to realise scale and value through transformation. She became CEO of Sorted Group in late 2021 having…
Read MoreNext up in our Founders in FinTech series, I got to meet with Marc-Alexander Christ, Co-founder of Sumup. Let’s hear his thoughts on the importance of building a finance function and how the team can be a key driver to success… In the early days at Sumup, how did you manage the financial needs of…
Read More