White Paper
Challenges for CFOs in the War for Talent
CFO organizations face significant challenges in today's business environment. Despite technological advances, attracting and retaining top talent remains critical. Our latest research highlights key issues:
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Talent acquisition: 84% of CFOs report a severe talent shortage, with 1 in 10 positions unfilled, increasing the workload on existing staff.
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Retention: High turnover and burnout due to long hours and menial tasks.
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Skills and competencies: 40% of CFOs lack skilled professionals, requiring a mix of business, functional, and communication skills.
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Rising labor costs: Skill gaps are expected to drive up salary expectations by 16%.
To address these issues, CFOs must take a people-centric approach. Our white paper provides best practices tailored to the needs of CFOs, including
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Target operating model: Defining Roles, Processes, and Competencies.
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Talent acquisition: Develop strategic approaches to attract the right candidates.
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Workforce Planning: Effectively manage workforce dynamics.
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Competency management and development: Align roles with a competency framework and learning pathways.
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Career planning: Offer diverse and personalized career paths.
A holistic strategy and flexible organization are essential for CFOs to attract and retain talent. Horváth's People Solution Portfolio can help your CFO organization drive success through the power of your people. Download our white paper for actionable insights and best practices.
