Thinking about the future at the 2016 CFO Awards
“Keith Coats, founding partner of TomorrowToday Global, also took a turn at the podium, getting CFOs thinking with his ideas about change, the future, and how leaders need to adapt in order to survive. “Turbulence is the new operational norm… we are living in disruptive times. The majority of our future will be shaped by things we cannot predict today,” he told the captivated audience.
The problem with the future, said Keith, is that the further you look into it, the fuzzier it becomes. But it’s that kind of complexity that you need intelligent frameworks around. “It’s about asking the right questions – that’s how you ensure a successful strategy. The role of the leader is to ask intelligent questions.”
The keynote speech by Chancellor Wiseman Nkuhlu also spoke about the need for CFOs to have the right information to more intelligent decisions for the future of the company. “The CFO should be the first to see signs of emerging deviations from the norm and therefore should be the first to alert the CEO…last, but not least, sloppy financial reporting is another shortcoming that should be avoided at all costs.”
During the awards, reporting for the future, and the technology needed to do so, came up again and again by numerous finance leaders.“
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