Inside the Strategy Room

285. Keys to success for CFOs leading transformations

15 snips
Jan 7, 2026
In this insightful discussion, Kevin Carmody, Christian Grube, and Matt Maloney from McKinsey shed light on the pivotal role CFOs play in leading company transformations. They explore how CFOs can break free from traditional finance tasks to focus on strategic value drivers, emphasizing collaboration with the CEO. The trio discusses the importance of finance in setting realistic targets, orchestrating transformations, and empowering teams. They also highlight technology's role in enhancing transparency and accountability, ensuring successful execution and sustainability of change.
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INSIGHT

CFOs Are Strategic Execution Hubs

  • CFOs uniquely combine technical, analytical, and strategic skills to lead transformations effectively.
  • They sit at the center of strategy, execution, and performance, translating activities into financial outcomes.
ADVICE

Empower The CFO From Day One

  • Position the CFO as the CEO's right-hand to sponsor and lead the transformation from day one.
  • Empower the CFO to set standards, engage daily in content, and push teams to compete differently.
ADVICE

Free Up CFO Time For High-Impact Work

  • Free up the CFO's time by delegating routine finance operations to trusted deputies.
  • Use that freed time to act as an executive focused on driving performance, not just reporting it.
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