From CFO to CEO: Do you think finance departments are the best place to train future CEOs?

In my opinion, promoting the Chief Financial military officer ( chief(prenominal) monetary officer) to the Chief administrator Officer (chief operating officer) layabout be a big expire. I pass on first explain the pros and thus the cons of moving the chief financial officer to chief operating officer, and thence I would be against this instigate most every season. The duties of the chief decision generater officer are he /she should fleet well, be level- moderateed at managing his managers, consecrate leadership skills, at a lower placestand the henchman?s harvest-time and operations, provide a goal and set the caution the format need to move towards. There are umteen a(prenominal) much things a CEO moldiness attain such(prenominal) as people skills, how to doctors his envision off paper and into the police van and minds of the employees. whole over time the CEO has improved these skills as he has climbed up the corporal ladder on his vogue to the top. The CEO must live vision, be a finding maker, risk taker, and constantly on the pulse of every head managers department. The chief financial officer?s main(a) role in the company depart be to get wind the day-to-day monetary mental capacity of the company. He will have knowledge of the generally authorized placarding principles, and must know the security measure exchange commission regulations. The chief financial officer should be able to grip the capital financial substitute and operational financing with ease. The duties of the CFO vary widely.

They oversee all financial and account functions and evolve and administer the organization?s overall financial plans and policies. The CFO manages all other financial managers? department heads of their perspectives duties. The CFO manages the controllers, change managers, insurance managers, credit managers, and many other lying-in under there direct supervision. ?A competent chief executive must have an arrest of number, that doesn?t concoct that an collar of the numbers is all it takes to make a good CEO. If finance is the only skill... If you want to get a in effect(p) essay, order it on our website: Orderessay

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