Finance is arguably the lifeblood of an organisation and
stakeholders have high expectations of the Function's
performance. An effective Finance function, which includes all
aspects of Finance, Tax, Treasury and typically, Risk Management in
some cases etc., makes a positive contribution to the achievement
of the organisation's strategic objectives and to its value
creation goals. Consequently, to be
successful, Finance must develop the capabilities that will allow
it to fulfil its responsibilities to the organisation, meet
stakeholder expectations and service its key business partnerships
in this very complex and dynamic business world.
In these modern times, the needs of businesses are growing. The
pace of innovation in businesses is accelerating and so must the
finance function. In view of this fluid business environment that
constantly demand for change, Chief Finance Officers (CFOs) can
therefore plan either for change or to retire. The bedrock of an
effective
