I think CFO is a pretty bad example. Every company I've worked at the CFO had a large team of accountants, etc., and they were specifically tasked with critical areas of the business (and by "critical" I mean things the business must absolutely do to function).
I responded to another child comment where someone brought up Chief Risk Officers or Chief Compliance Officers, which I think are a better analogy. I adjusted my opinion based on their comment.
It's not that I think "CDOs don't offer meaningful business value or justification." I just think that, for the most part, setting up the organizational structure like that is ineffective.
I responded to another child comment where someone brought up Chief Risk Officers or Chief Compliance Officers, which I think are a better analogy. I adjusted my opinion based on their comment.
It's not that I think "CDOs don't offer meaningful business value or justification." I just think that, for the most part, setting up the organizational structure like that is ineffective.