CFOs have a unique opportunity to provide leadership on cybersecurity. Why? They are natural managers of business risk, which is what cybersecurity is now acknowledged to be. So it was helpful to run across this article by Deloitte which recently appeared on the Wall Street Journal:
Rethinking the CFO’s Role as Strategist
CEOs and boards increasingly want CFOs to not only deliver a finance organization that gets the numbers right, but also partner with them in shaping the company’s strategy. Given the lack of consensus as to how this might look, how should CFOs orient themselves to supporting strategy? There are four distinct ways CFOs can orient themselves to engage in the strategy process—as responder, challenger, architect or transformer.
The article goes on to give a thumbnail sketch of each orientation, with each offering a more powerful position from which to contribute to the formation of organizational strategy.
Here’s the good news: Each of the four orientations can provide a platform for leadership on cybersecurity. So even if circumstance has you operating as a Responder, you can start to make a difference now.
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