Committed to helping CFOs stay ahead
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Today's CFOs have plenty of challenges on their plates: changing regulatory requirements, complicated tax laws, health care implementation, economic woes, and stakeholder demands among them.
Few people truly understand the increasingly complex roles of CFOs. That's where Deloitte's Global CFO Program comes in.
"Deloitte member firms advise CFOs as they manage the complexities of their roles, tackle their companies' most compelling challenges, and adapt to strategic shifts in the market," says Sanford Cockrell, Deloitte Global CFO Program Leader. "Our Program harnesses our organization's broad capabilities to deliver forward-thinking and fresh insights for every stage of a CFO's career. In turn, Deloitte is able to develop, improve, and sustain professional relationships with these key leaders at many multinational corporations."
Support throughout the CFO journey
Deloitte's multifaceted portfolio of CFO-centric offerings brings together a cross-functional team of subject-matter specialists to help CFOs throughout the continuum of their careers, from being identified as CFO candidates to the height of their impact and beyond.
The journey begins with Deloitte's Next Generation CFO Academy, designed for highly talented finance executives who are nominated by their organizations to participate. This first-of-its-kind experience offers future CFOs a pragmatic curriculum and unparalleled networking opportunities. The Academy is hosted by DTTL member firms in Australia, Spain, the UK, and the U.S.; it is under development in Canada, China, and India. DTTL member firms in Central Europe, Denmark, Ireland, the Middle East, Norway, South Africa, Spain, and Sweden offer attendance at a Next Generation CFO Academy to their clients.
Among the CFO Program's key offerings is the CFO Transition Lab™, which provides a forum and a methodology for newly appointed CFOs, including those with CFO experience at previous organizations, to focus on their agendas, establish priorities, and develop 180-day action plans. Emphasis is placed on the three most important resources a CFO must manage—time, talent, and relationships. More than 300 labs have been conducted, globally.
"The lab experience helped me figure out what to tackle immediately and what could wait," says Amit Singhi, CFO of Ford Motor Company's South America Operations. "It's hard for anyone in a new position—including a CFO—to take the breathing time needed to lay out a detailed plan. The lab allowed me to do just that."
Established CFOs benefit from the CFO Program's ongoing communication and networking events. For example, Deloitte's CFO Vision Conferences, held across several markets, offer participants unique opportunities to hear insights and perspectives from thought leaders in business, politics, and the media, and engage in thought-provoking dialogue with their peers. Similar leading-practice-sharing opportunities are available at multiple CFO Forums held around the world each year. We seek input through CFO Signals™ surveys that are active across more than 20 member firms. And we share CFO-centric articles through both our CFO Insights publication and an arrangement with The Wall Street Journal.
For questions on the CFO program, please email us.