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eCFO: Sustaining Value in The New Corporation ReviewAs its predecessor, CFO: The Architect of the Corporation's Future, eCFO continues PwC's collection of financial masterpieces.eCFO provides a major turnaround in the finance function for the
21st century. The new CFO profile will demand a series of capabilities in order to lead companies through the e-world. Technical skills no longer suffice; CFOs are to be great visionaries and good communicators/motivators in their new leadership role.
For example, the new finance function has to take into account that budgets no longer work. They inhibit growth and creativity. I particularly liked a comment that said that budgets are an exercise of how small a company wants to be. Instead, the authors suggest using rolling forecasts as an alternative to foster creativity and at the same time control risks/costs.
I highly recommend this book. This is the third book I buy from PwC's finance team: CFO, eCFO and In Search of Shareholder Value.eCFO: Sustaining Value in The New Corporation Overview
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