Wanted: versatile CFO
Beyond COVID-19, understanding the business issues facing companies is an increasingly essential task for finance managers, argues Morgen Witzel.
At the management consulting firm McKinsey, we referred to the concept of “T-consultant”: the vertical bar of the T representing specialized skills and the horizontal bar representing a broad understanding of organizations and management. What we need today are T-shaped managers – people who have both deep skills and abilities, but who can also make those broad connections and understand the organization as an organic whole, not just a set of moving parts. Survival in the modern world depends on everyone coming together and working towards a common goal, and we can’t do that by sitting in silos.