I’m not going to rehash the economic benefits a company accrues by employing progressive diversity policies. The benefits are clear. Companies that promote diversity do better financially than those that do not. If this fact is obvious, why is there such a shortage of diversity in the finance function, and what can a CFO do about it? First, the top of the funnel…...
Three Ways Finance Leaders Can Prepare for The Future of Work
Business leaders will long be remembered for their response to the coronavirus crisis. Some such as Marriott President and CEO Arne Sorenson will be applauded for their authentic leadership in these challenging times, while others including Morgan Stanley CEO James Gorman will be recognised for putting their employees’ job security first. However, according to…...
4 Key Financial Trends As We Approach 2021
I’m sure you don’t need reminding, but 2020 has been a chaotic year. Many of the predictions that were made for the finance industry at the end of last year were being ripped up by the time spring came round. As we move towards 2021 with coronavirus still causing havoc…...
Bank be nimble, bank be quick: how financial institutions can become more agile in times of pandemic
If banks want to survive and thrive in and after COVID-19, AI and machine learning are very important, but the current approach to making these technologies happen simply isn’t fit for purpose. Automating development, deployment and monitoring processes unblocks the bottleneck. You’ve probably heard the one about COVID-19 doing more…...
3 must-have CFO skills: Operating finance, strategy and communications
The most sure-fire way for aspiring CFOs to attract the notice of CEOs and boards is to bring a strategic mindset, communicate well and showcase a background in operational finance, recruiters say. The days of rising mostly through corporate accounting ranks are declining and taking that path can even be…...
The Changing Role Of Today’s CFO
Financial leaders are increasingly required to become more tech-savvy. In fact, they are expected to be at the forefront of digital transformation. However, at Redwood Software, we’ve observed a notable gap between the existing skills and what financial teams see as vital for their profession in the future. Instead of…...
Firing in the Financial Services Industry: the 5 Most Common Reasons Finance Professionals are Laid Off
Being laid off or fired, though extremely unpleasant, is very much an aspect in every professional industry. This is especially so in today’s fiercely competitive Financial Services market, where for every one employee, you have numerous potential replacements and applicants for the same position. It stands to reason that…...
