The traditional distance maintained between CFOs and human resources managers may be slowly disappearing. As HR responsibilities increasingly intersect with big-ticket budget items, the money managers want to know more about what's going on in that department.
A Robert Half survey of more than 2,100 CFOs spotted the trend. The survey asked CFOs whether their roles had expanded outside of finance in the last three years. Of the 85 percent who said it had, more cited human resources as the primary new demand on their time than any other discipline.
Here's the breakdown of where the CFO role has crept since 2011:
- Human resources: 21 percent
- IT: 19 percent
- Operations: 18 percent
- Marketing: 17 percent
- Sales/biz development: 10 percent
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.