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The Performance Perspectives Blog: Findings from the IBM Global Chief Financial Officer Study
Delaney Turner 270002T14M email@example.com | | Tags:  performance_management cfo cfo_study predictive_analytics cognos institute_for_business_va... ibv finance business_analytics innovation_center
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If you’re in the Office of Finance you’ll want to know that IBM today announced the findings of its Global Chief Financial Officer Study.
It’s the largest study of its kind, conducted by IBM Global Business Services’ Financial Management practice and the IBM Institute for Business Value (IBV). Findings are drawn from interviews with over 1,900 Chief Financial Officers (CFOs) and senior finance executives from 81 countries and 35 industries worldwide.
Among the findings:
Our Innovation Center for Performance Management also had a hand in shaping the survey and finance executives using IBM Cognos performance management solutions were well-represented among the respondents. Their input helped yield the following insights:predictive analytics and performance management the next few weeks. I’m hoping you’lll do the same. Check out the resources below to stay engaged in the conversation.
Recent economic uncertainty has elevated the role and influence of the CFO
While the importance of core Finance responsibilities has not diminished in any way, CFOs’ focus on company-wide concerns has increased sharply.
A majority of Finance organizations are experiencing a widening execution gap between their own level of effectiveness and the importance of certain enterprise-wide activities.
One group of Finance organizations – called Value Integrators – has a particular combination of capabilities enabling them to stand out from its peers.
Value Integrators are far more effective at finance execution than their peers.
From every angle, business is demanding greater breadth, depth and speed of insight – and, now more than ever, these demands fall on Finance.
Since 2003, CFOs have continually stated their aspirations to shift more focus to analysis and decision support. But, so far, they have been largely unable to do so.
I’ve already downloaded my copy of ths study and will be sharing insights from it as they pertain to