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Monday, July 30, 2012

New Skills for an Evolving Profession


The corporate finance professionals who climb the value chain will be interpreters and collaborators, able to leverage data as a strategic asset while working across functions to solve problems and innovate. As the volume of information increases, they will play a critical role in determining the integrity of information and analyzing it—skills that can lead to new revenue streams, affecting the bottom line.

“Information is the new currency,” Priyan Fernando, executive vice president of Global Business Services at American Express, said during a panel discussion in May about changes in the profession. “We have a perspective that not many people have,” he said, and that should help secure CGMAs a place at the table in the innovation process.

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Source: Jack Hagel, editorial director CGMA Magazine http://www.journalofaccountancy.com