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In this podcast, David Axson, executive director, Accenture Finance and Enterprise Performance, explores the changing role of finance in today’s economy. He describes how volatile global markets are creating a world that is both complex and unpredictable. This state of permanent volatility is, in fact, one of the primary issues that finance executives identify.
To help organizations prosper in this environment, finance functions may need to expand their scope to deliver value beyond the walls of the finance department, Axson says. Accenture has looked beyond the operating model to identify four critical dimensions on which CFOs should focus:
- Balance the focus between cost control and growth.
- Build repeatable integration capabilities that can support effective mergers and acquisitions.
- Implement robust performance management practices.
- Unlock the full potential of finance talent.