Gary McGaghey’s Ideas on How CFOs can Manage Risk

Gary McGaghey has extensive experience as the Chief Financial officer of global enterprises. He served as Chief Financial Officer and Chief Operating Officer of Logistics. In 2002, he was a co-leader of exit negotiations with Unilever. He is the current CFO at Williams Lea Tag and a credible private equities expert. Gray McGaghey uses the following strategies to manage risk in his CFO roles.

Accelerating Transformation

In curbing risks, CFOs have to emphasize digital transformation, reallocate resources, and accelerate investments. CFOs are heavily investing in cloud and analytics and pushing the right capital commitments to drive long-term growth. CFOs need to transform and augment business processes to streamline and enhance growth.

Building and Reinforcing Trust and Purpose

Today’s business leadership is extra complex, and for CFOs to deliver better and sustained growth, they should build and reinforce their partnership with stakeholders. They must have a clue on trending societal and business issues that should be emphasized to optimize alignment and connection with stakeholders and partners. CFOs must align their leadership around the priorities of customers and employees and focus on reinforcing solid trust initiatives.

Enabling Growth

In pushing company growth, CFOs have to work towards meeting all customer demands and maintaining sustainable customer relationships. They need to solve constraint problems such as finance transformation, navigating repressed supply chains, and optimizing talent management. CFOs must also ensure all acquisition and merger activities are expertly conducted while pursuing company value. Companies with highly experienced and talented CFOs like Gary McGaghey can seamlessly seize opportunities to enable growth and generate more capital instead of selling their businesses. Such CFOs can refocus their portfolio and drive transformation when the company they lead are in distress. They have to implement forward-looking strategies, divestitures, acquisitions, and IPOs to effectively ease the growth transition. Learn more information about Gary McGaghey