Financial performance is not exclusively the responsibility of the Chief Financial Officer. It is a core leadership responsibility of the CEO because every major strategic decision has financial implications. The CEO must understand how revenue, profitability, cash flow, operating costs, capital investments, and financial risks influence the organization’s ability to create sustainable value.
Financial performance is not exclusively the responsibility of the Chief Financial Officer. It is a core leadership responsibility of the CEO because every major strategic decision has financial implications. The CEO must understand how revenue, profitability, cash flow, operating costs, capital investments, and financial risks influence the organization’s ability to create sustainable value.
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Source: MyJoyOnline
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