The most important skill a leader must master is the ability to accurately assess risk, according to Treasury & Risk's annual financial leadership survey. About 500 treasurers, controllers, CFOs and other senior finance executives resonded to the 2008 survey, also sponsored for the sixth year in a row by CITI, in late August and early September. That was after the federal rescue of Fannie and Freddie but before the fall of Lehman Brothers, the sale of Merrill Lynch and the other federal bailout of AIG. About 46% rate an excellent risk antenna as the most critical leadership tool, compared to 38% last year. In 2007, accurately assessing risk tied with providing guidance on the company's mission and governance, 31% this year, as a leader's most important task. Responses to many questions echo last year's sentiments but some discernible differences reflect the growing uncertainty of the times. For instance, 12% name obtaining funding during the credit crunch as the biggest challenge they face now, compared to last year's 7%.
||To view the complete survey results, click here.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
