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Why the relationship between CEO and CFO is important

by John Chandler | Oct 22, 2014   ()

The relationship between the chief executive officer and the chief financial officer is one of the most important in any company.

The CEO needs the CFO to share his or her view of the company strategy and then work in concert to implement it. The CFO is responsible for ensuring that the finance team works in alignment with the company's wider strategy.

The expectation, therefore, is that the finance department will work to support the business units rather than "run its own race," as Chandler puts it. And where change is needed, it is the CFO who is expected to make it happen.

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Source: InTheBlack
Source: InTheBlack

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