If you want to be a successful CFO, it’s time to brush up on your people skills. Communication is a big part of the CFO's role because they talk to a variety of people. This includes board members, shareholders, investors, suppliers, customers, and employees.
The CFO of tomorrow must be a superb communicator. They must be able to share company messages with people outside of the organization as clearly as possible.
And… they’ve got to have a knack for communicating complex information (such as data insights) to people who lack the same level of understanding.
So, whether it's explaining the financial rationale behind a tough decision that had to be made or sharing updates on the company's overall financial health and vision for the future, the way a CFO communicates can have a huge impact. It shapes team morale, instils confidence in stakeholders, and helps align everyone around the company's strategic direction.
