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Hasbro and Block leaders say there's power in having a combined CFO-COO role: 'You can't do one without the other'

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As a CFO, you have the vantage point of the entire company strategy, Goetter noted. The finance chief is one of the few individuals who can connect all the pieces together in both strategy and execution. That strategy is deeply embedded in operations, she said.
In an article from MSN Money, Hasbro and Block leaders discuss the strategic advantage of combining the roles of CFO and COO into a single position. They argue that this dual role enhances organizational efficiency by allowing the person to oversee both financial and operational aspects of the company simultaneously. The leaders emphasize that understanding and managing the interplay between operations and finance is crucial, as one cannot effectively function without the other. This integrated approach is seen as particularly beneficial in navigating the complexities of modern business environments, where rapid decision-making and holistic management are key to success.

Read the Full Fortune Article at:
[ https://www.msn.com/en-us/money/other/hasbro-and-block-leaders-say-there-s-power-in-having-a-combined-cfo-coo-role-you-can-t-do-one-without-the-other/ar-AA1GwEqF ]