FierceSarbox highlighted an interesting article in CFO magazine talking about the need for CFOs to develop succession planning. Unlike CEOs, there appears to be very little succession planning for CFOs. The lack of succession plans for CFOs can often open the door to investment opportunities when a key CFO leaves a company. Investors should keep their eye on CFO changes that might impact a company short or long-term.
For more on the story check out CFO.com.
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I agree. At Savoy River, we have created a generational profile that will assess what generation you truly belong to based on traits and tendencies instead of by age group. Generational issues are and will be a main topic of concern in the coming years as companies begin to embrace the retirement of the "old guard" from any position.
Visit us at www.generationalprofiles.com to take your free profile.
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