LEADERSHIP IN GOOD TIMES AND BAD:
Are principles or styles common to both or are they unique?
The modern CFO is hardly ever relegated to the role of “bean counter,” nor does he or she play second fiddle to the CEO or other top executives. Increasingly, CFOs are expected to act as leaders on a host of issues that might imperil a company. This trend is a result of the CFO’s expanding influence on the corporate structure overall.
CFOs wield greater power in their organizations than ever, but the question each must ask themselves is: Do they have the skills to lead the company not only when the high fives are flying but also when times are tough? In both circumstances, a leader’s true colors are revealed.