For transitioning CFOs, moving from the organization you inherit to the organization you want will likely demand changes in organization structure and reporting lines. Executives often grapple with when to undertake such changes; how and when to use interim leaders; and how much change to execute at one time. In order to meet your company’s future needs it’s ideal to move to the organization you want within your first year as CFO. To sharpen organizational focus, consider organizing around the capabilities needed for the future and establishing reporting lines around functional bodies of knowledge, capabilities, product lines or regions.

Source: Wall Street Journal October 04, 2017 22:41 UTC