Aligning The Finance Department To Drive Organizational Sustainability

Strategy drives structure…or so says Peter Drucker. For chief financial officers (CFO), the reality is a little more complicated. There are many factors that influence a market-driven, scenario-based strategy, and in health and human services, those market factors are often changing quickly. This means that CFOs need to view organizational structure as fluid and continually changing with the focus on the financial functions required for financial sustainability and the roles to achieve those functions—not on a set, unmovable structure.

With that in mind, there are two primary functions that CFOs oversee in specialty provider organizations: accounting . . .