Our findings are based on a global survey of 652 CFOs, conducted by Longitude Research on behalf of EY, and a series of in-depth interviews with CFOs, CEOs and EY professionals.
However, when asked specifically about some of the major value creation activities on business agendas today — M&A decisions, performance measurement, operating model redesign and the shift to digital — our survey of 652 CFOs reveals a persistent focus on cost management as CFOs’ main contribution. This is despite the fact that CFOs consider that their relationship with the CEO has strengthened over the last three years, driven by new growth opportunities, changes in strategy and new products and services.
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