Agility and adaptability emerges as the most essential quality for effective finance leadership in the digital era, according to a poll conducted by Cxociety.
During the recently concluded 5th Annual FutureCFO Conference in the Philippines, with the theme Pathways Towards Differentiated Success, 64% of respondents say they see the importance of agility and adaptability amid the ever-changing business landscape with digital transformation at hand.
This was followed by strategic vision, with 47% of those polled seeing it as another key trait for effective finance leadership, while 46% say an innovative mindset is just as needed to win the digitalisation game.
Meanwhile, collaboration skills with members from other departments of the organisation strikes as an imperative, with 36% among those polled saying it is essential in the journey as well.
Seventeen percent say being tech-savvy is needed, while 15% see the significance of having strong regulatory knowledge in navigating the digital era.
These all tie up to the need for Finance teams to step up and take a strategic approach to technology adoption, leveraging new advancements and skill sets to transform financial operations.
In turn, when done right, agility and adaptability can open door for improved accuracy and enhanced predictive capabilities. All while ensuring that technological investments align with broader business objectives.
