Teaching: A new and Obvious Role for CFOs
CFO magazine reports that CFOs are recognizing the need to educate others in the knowledge they have learned over the course of their careers.
Although only a small percentage of CFOs are actually leaving the profession to teach in the classroom, there are a number of other ways to communicate the knowledge learned. Areas of CFO expertise include subjects like Internet financial models, and compensation and benefits. CFOs also can bring value-added questions to shareholder meetings.
Why is this a trend now--all of a sudden? Over the years, the role of the finance officer has changed within the business marketplace, and the financial professional is now called upon to help in a variety of areas. This help has translated into the teaching function--and corporate America is waking up and realizing the immense amount of knowledge a finance professional can impart.
Experts advise that this group should be open to training opportunities, and begin to cross-market this knowledge to their employers and to external markets.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.