How CFOs navigate the challenges in finance today

In this episode of The Better Finance podcast, the speakers discuss key findings of the EY Global DNA of the CFO survey.

In this episode of The EY Better Finance podcast, we are joined by Deirdre Ryan, Global Finance Transformation Leader, and Andrea Gronenthal, Americas Strategic Tax Transformation Leader from the EY organization, to delve into key findings from the EY Global DNA of the CFO survey.

The episode also features insights from two seasoned global executives : Joseph J. Wolk (Joe), the Executive Vice President (EVP) and Chief Financial Officer (CFO) of Johnson & Johnson, and Nick Priday, the CFO of Dentsu Group Inc., who were  interviewed as part of the research.

During the discussion, Deirdre and Andrea examine three paradoxes that CFOs confront on a daily basis: balancing short-term and long-term value, navigating the tightrope between safety and boldness, and transitioning from a traditional skill set to assuming a strategic leadership role.

Enjoy this engaging exploration of the challenges and complexities faced by today's CFOs, and the multifaceted role they play in shaping the future of finance.

Key takeaways:

  • Balancing long-term thinking with short-term results can be essential for maintaining success, building trust with stakeholders, and adapting to unplanned challenges in the business environment.
  • Creating a culture of trust, open debate and diverse perspectives within leadership teams can be important for making informed decisions and choosing the best opportunities for the organization's success.
  • Forward-thinking CFOs plan for the future by envisioning the future state of their finance function, embracing emerging technologies, and cultivating the necessary skills and capabilities to drive transformation and support the business' long-term success.

For your convenience, full text transcript of this podcast is also available.


Podcast

Season 6, Episode 9

Duration

22m 34s