It is interesting investigating the driving forces different functions have. Really impossible to say in general, but maybe becasue we do, we still should look into what makes different functions “tick”.
In this article from Spend Matters Jason Busch describes a kind of cynical view of what interests a CFO but never the less it is interesting putting oneself in someone elses shoes. And we all want to climp the ladder, in one way or another, so learn about your surrounding CXOs driving forces.
The procurement driven topics Jason says should interest any CFO are:
“We can think of many procurement-driven types of programs that fall into this CFO-level interest category. Two include:
- Supply chain strategies focused on working capital management or discounting (especially discounting where a bottom line journal entry and be flipped into a top-line journal entry)
- P2P and demand management initiatives that can reduce consumption and spending while tying to other “pet” company concerns (e.g., green profile, CO2, etc.)
- Supply chain and procurement strategies that can increase overall competitive advantage and top-line improvements and/or thwart a competitor”