The Cfo

THE chief financial officer http://info.umuc.edu/acct-fin/fm-syll/fin660/e-cfo-notes/ecfowk1.htm THE chief financial officerS type IN THE AGE OF E-BUSINESS INTRODUCTION Our segmentation discussions entrust revolve about on the chief financial officers website in transforming an organization into a value-conscious enterprise, capable of generating significant sh beholder wealth through the use of enhanced decision maintain and optimized operations. The case examples presented in the chief financial officer textual matter (CFO:Architect of the sooner a littles Future, PWC, 1999) illustrate the challenges faced by a CFO when leading the change necessary to take a shit such a integrated value-based vigilanceperspective in an organization. Most of the examples consider tralatitious brick and howitzer companies, with relatively conventional supply chains, employ common modes of serve well and product delivery, and operating deep down well-defined organizational object structures.In the three years since PWC released the CFO text, several impudent challenges fool emerged that warrant our review because they canvass the financial and operating structures of traditional organizations.

According to PWCs denouement text, eCFO: Sustaining Value in the New Corporation, (2001), the new challenges that our organizations face are the continued growth and reliance on the internet, expansion of e- line of credit in the form of business-to-customer (B2C), business -to-employee (B2E), and business-to-business (B2B) activities, and use of virtual(prenominal) organizational structures to accomplish the corporate mission. Once ag! ain the CFO is called upon to architect new solutions that allow for enable his/her company to do competitively to a business environment being change by these three factors. By meeting the test, the role of the CFO is elevated and expanded, further accent the value of the finance constituent in the strategic management of an organization. During each of our weekly sessions, we will supplement the CFO text with additional insights from the eCFO text, to expand our prefatory understanding of the CFOs new role...If you want to pass a full essay, hallow it on our website: OrderCustomPaper.com

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