How Innovation Helps Finance Leaders Make Impact
In every organization, the role of the finance leader encompasses two major missions, one is to reduce costs and the other is to boost growth in today’s competitive markets. Balancing the dual objectives of cost reduction and growth acceleration can create tension for finance leaders. On one hand, cost reduction often involves streamlining processes and optimizing resources, which can inadvertently stifle innovation. Conversely, a focus on growth may require investment and risk-taking that could strain financial resources.