Is FP&A a Pathway to CFO?
The short answer to the question “is FP&A a pathway to CFO” is YES. A recent Deloitte survey found that 47 percent of CFOs had at least some experience in FP&A before they landed their executive positions.
The short answer to the question “is FP&A a pathway to CFO” is YES. A recent Deloitte survey found that 47 percent of CFOs had at least some experience in FP&A before they landed their executive positions.
Many of us were raised on the idea that we should go to school, find a good job, stay there for a few decades, then blissfully transition to a leisurely retirement. Of course, anyone who’s spent time in the modern workforce knows that’s not how things work anymore.
What are the differences between business models used for (a) FP&A and corporate finance, and (b) investment banking and management consulting? A key intention for FP&A and corporate finance models is to build them flexibly and fluidly.
If businesses could solve the billion-dollar problem of: “we need to get the right information, in the right form, to the right people, at the right time, so that they can make the right decisions with a right degree of confidence and the right degree of precision”.
I feel we’ve turned a corner as a society, but just like I posted in early 2021, I don’t feel we’re completely in the clear. Many people are still thoroughly overwhelmed and I find it disappointing that we find ourselves in a constant state of uncertainty and flux.