Accounting
Finance Directors left out in the cold? |
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| Accounting | |
| Written by Gary Howes | |
| Thursday, 14 January 2010 | |
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A new survey would suggest that companies will not be looking to FDs to occupy their boards in 2010.
Accountants on the boards of the largest businesses may already have had their day in the sun says new research from global business performance consultancy McKinney Rogers. The research was conducted on behalf of McKinney Rogers by international research agency Acritas, surveying 100 senior directors in FTSE and Fortune business with turnovers of over $10 billion (66 respondents from the US, 34 from the UK). Chris Hart, a partner at McKinney Rogers, said: “With a recovery already tentatively underway and better growth expected in 2010, the world’s largest businesses are already looking ahead and are valuing skills that will deliver future growth. “Financial skills came to the fore as the scale and the speed of the credit crunch and recession caused panic in many boardrooms. But accountancy skills have had their day in the sun, and for 2010 the skills being prized are those abilities linked to achieving growth – leadership, sales, innovation and strategic skills. “The message for executives looking to succeed in the top boardrooms, particularly those with specialist skills such as finance and marketing, is that once again it is personal skills around seeing and shaping the big picture that matter to other executives - not your ability in functional areas. “The message from the high score given to innovation skills is that senior executives not only expect, but want, their businesses to change and no particularly value people with the skills to make this happen as the world economy recovers.”
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