Controlling Costs, Motivating Staff and Managing Growth Head List of Challenges
TORONTO, June 28 /CNW/ - There's no shortage of pressures facing today's top finance professionals, according to a new Robert Half report, CFO Concerns: What Are the Top Challenges Facing Today's Financial Executives? The report highlights a number of issues impacting the role, namely controlling costs and improving profitability, maintaining staff morale and motivation, and managing growth.
The report is based on a survey conducted by an independent research firm. The survey includes responses from 275 chief financial officers (CFOs) from a stratified random sample of Canadian companies with 20 or more employees. You can download CFO Concerns: What Are the Top Challenges Facing Today's Financial Executives? at http://bit.ly/CFO_Concerns_CAN.
Additional learnings from the report include:
- Eighty per cent of chief financial officers (CFOs) said they believe
it's more difficult to be a company leader in today's business
- Forty-three per cent of CFOs surveyed said they are concerned about
losing financial professionals to other job opportunities.
- Forty-five per cent of CFOs said subsidized training and education
and flexible work hours/telecommuting are the perks they are offering
or plan to offer to retain employees.
"Understanding the unique challenges their peers encounter, and how they manage these issues, can help financial leaders currently facing similar questions within their organisations," said David King, Canadian district president of Robert Half Management Resources. "In order to maintain a competitive edge in today's business environment, financial leaders must build and sustain strong networks of people who can help them develop best practices and remain well-informed on the latest trends."
About Robert Half Management Resources
Robert Half Management Resources is the premier provider of senior-level accounting and finance professionals on a project and interim basis. The company has more than 150 locations worldwide and offers online job search services at www.roberthalfmr.com. Follow Robert Half Management Resources at twitter.com/roberthalfmr for workplace news.
SOURCE Robert Half Management Resources
For further information: TO SPEAK WITH A LOCAL EXPERT, CONTACT: Robert Half Management Resources, Nadia Santoli, (416) 350-2330, firstname.lastname@example.org