Here’s the evolution of the
Bean Counter
to
Operational Finance
to
International Operational Finance
to
Operational IT FInance
The CFO really has taken over the
Going forward, those CFOs with international operational experience and operational IT experience will be the two “new” high-value target candidates.
Industry Experience
Among Finance 1000 CFOs, “relevant industry experience” was not as important as being a sitting CFO or divisional finance
That trend flies in the face of “industry-only” experience that has been the norm in the past. Another interesting article on industry experience, “The Most Classic Hiring Mistake,” was on ERE.net. I thought this excerpt was telling ...
But how many times have you come across someone who has five years of experience that adds up to just one year’s bad experience repeated five times?
Age Discrimination
The average age of CFOs among Fortune and S&P 500 companies is ...
51
That’s right ... fifty-one.
Many of my clients have concerns about age discrimination, but the reality is two-fold. First, most companies aren’t hiring a 30-something whiz-kid as their CFO. Second, if they are, you probably don’t want that position anyway.
Some time ago I did a webinar entitled “Getting to the CFO Chair.” This post was inspired by numerous articles that have come out recently on the volatility study by Crist Kolder. If you haven’t already seen the Crist Kolder report, you can read it here. You can also read a synopsis of some of the report at CFO.com.
