CFO 2024 Strategies
Uncovering Solutions and Overcoming Missed Opportunities
The most common priorities of CFO 2024 include:
Talent Attraction and Retention: Balancing talent needs amid a shortage in key roles.
Improving Personal Effectiveness: Enhancing personal effectiveness amid disruptions and expanded responsibilities.
Maximizing Returns: Focusing on returns through reinvention and fixed income streams.
Departments Collaboration Improvements: Driving innovation and growth through cross-departmental collaboration.
Addressing the Talent Gap: Enhancing skills in data, analytics, and interpersonal aspects.
Navigating the Future: Prioritizing agility and resilience across company endeavors.
Investing in Employee Support: Empowering employees through career growth, development, and motivation.
Strategic Solutions for Planning, Reporting and Collaboration Initiatives
Talent Attraction and Retention:
Turnover Rate Analytics
Talent Analytics Platforms
Improving Personal Effectiveness:
Time Tracking Software
Training and Development Platforms
Addressing the Talent Gap:
Skill Assessment Tools
Employee Training Platforms
Investing in Employee Support:
Career Development Planning Solutions
Performance Feedback Systems
Maximizing Returns:
Productivity Solutions
Portfolio Management Tools
Cross-Teams Collaboration Improvements:
Collaboration Software
Project Management Tools
Navigating the Future:
Strategic Planning Solution
Risk Management Solution
Many essential features for managing and tracking progress can be found in market tools like JetBrains YouTrack, Microsoft Azure DevOps, Atlassian Jira and Confluence, for communications Slack, Microsoft Teams, Google Chat.
For team and process management tools, our winner is YouTrack, which closely rivals Azure DevOps but offers a more cost-effective solution. Both platforms provide knowledge-sharing solutions out of the box at no additional cost. In contrast, Atlassian requires an additional payment for Confluence and starting February 15, 2024 will discontinue on-premise server support.
Despite the availability of reports and KPI metrics on various platforms, organizations still face challenging and time-consuming data analysis for decision-making. These platforms lack essential features for real-time root cause analysis and actionable insights. OYO AI resolves this by seamlessly integrating with your planning and management solutions, providing out-of-the-box actionable insights for incremental improvement in business value delivery. Moreover, OYO AI nurtures the growth of high-performing teams by enhancing agility and fostering improved collaborations between business and development stakeholder groups.
Sources
Financial Outlook 2024: CFO Survey Findings & Growth Strategies
Top 10 CFO Priorities for 2024
