Heidrick & Struggles: The Future of Finance
450 CFOs in Europe and South Africa were surveyed about their job functions and how COVID affected their positions. Most CFOs think the finance function has been situationally agile and that engagement, productivity, and quality of work have held steady or increased.
89% of CFOs said that either themselves, the finance section as a whole, or both spent more time on cost-cutting analysis in the first six months since the onset of COVID-19; 70% say they are still continuing to spend more time on this area now.
Heidrick & Struggles summarize more key points from the survey report, including:
- More time working, but shifts in who and when
- Employee engagement and finance function agility
- Succeeding in finance in today’s environment