CFOs are increasingly utilizing scenario planning as a strategic tool for managing risk and unlocking value, focusing on being rigorous, outward-looking, and continually refreshing.
The evolving role of CFOs now emphasizes strategic leadership, optimal capital allocation, competitive advantage, and risk management, making them strong candidates for CEO roles.
With the highest record of CFOs filling CEO roles in 2023 at 8.4%, their functions have expanded to embrace broader organizational leadership.
Integrating scenario planning into a company's strategic framework allows CFOs to stay informed on regulatory trends and translate insights into compelling narratives for stakeholders.
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