Specialist recruiter, Robert Half, has an annual study is conducts with the help of “an independent research firm” which surveys “160 Chief Financial Officers (CFOs) and Finance Directors in Australia.”
This survey is part of Robert Half’s international workplace survey, a questionnaire about job trends, talent management and trends in the workplace.
Cleverly, Robert Half seems to be taking relevant bits from this study, and using them for relevant bits of PR during the year, and seeing as they’ve gone to the trouble of issuing some new info, I’m going to report on it.
It turns out not all of this research is made publicly available, but it is conducted by a research firm independent of Robert Half, and used by the company as part of a very "comprehensive" PR approach.
So, enough of this intro, and on with the “three biggest success drivers”.
When asked to list the three biggest success drivers in the finance function, Robert Half says that “almost two in three (63%) Chief Financial Officers (CFOs) cite team structure and data systems/technical infrastructure respectively, and more than half (56%) refer to employees with the right skills.”
Here’s a chart illuminating this info.
Andrew Morris, Director at Robert Half Australia said: “The best results for any business start with having the right team. Not only do staff need to work well and efficiently together, they also need the right skills to be able to add significant value to the business.
“In order for their teams to function at peak levels, companies need to review their hiring and retention policies in order to attract and retain top performers, and invest in adequate compensation and ongoing training for existing finance teams.
“Aside from having the right people, businesses need in-depth insight into their market and customer base in order to get ahead of their competitors.
“The most effective way to gain this insight and leverage advanced technology is through Big Data and data analytics, and the best way businesses can utilise this is through hiring people with the right skills. It all starts with the right staff,” Morris concluded.