| | March 20178CIOReviewIN MY OPINIONThe Speed of Technological Change : The Role of the CFOJackie Combine, CFO, Technology & Operations, Thomson Reuters [NYSE:TRI]There is no better time to be a CFO. We have an abundance of opportunities to partner to advance the short and long-term goals of our organizations. Gone are the days when the finance function was looked at to simply manage the "purse strings." In fact, CFOs of today are increasingly expected to drive strategic value across all facets of the organization. The traditional responsibilities are still there, of course--but the toolbox from which CFOs operate is changing.Technology plays an increasingly important role in organizational success. Rapidly changing technologies create ever-expanding opportunities for organizations to improve their offerings and their margins. However, the rate of the technological change that many companies face today also presents some challenges: the need to balance internal demands and manage risks while at the same time maximizing earnings.Successful companies will embrace these challenges as opportunities and have greater optionality to transform their busi-ness--leading to stronger long-term organizational health.The ever-changing technology land-scape creates opportunities for CFOs to partner with their CIO and CTO counterparts in ways that didn't exist in the past. This is driving CFOs to think differently about their roles and their organizations--ultimately partnering to reshape the future of the firm and, in some cases, the markets in which they operate.The evolution of technology in recent years has driven many CFOs to develop a far deeper knowledge and comprehension of the technology landscape. It is By Jackie Combine
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