Six ways CFOs can increase the likelihood of transformation success

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data-cmp-data-layer="{"navigation-ceed4cbd73-item-9c7ac5f6dd":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:07:59Z","dc:title":"Environment, Health and Safety (EHS) Services","xdm:linkURL":"/en_gl/services/environment-health-safety/services"}}"> <a href="/en_gl/services/environment-health-safety/services" data-cmp-clickable class="cmp-navigation__item-link">Environment, Health and Safety (EHS) Services</a> </li> </ul> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-0" data-cmp-data-layer="{"navigation-ceed4cbd73-item-a711b170d9":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:55:02Z","dc:title":"Industries","xdm:linkURL":"/en_gl/industries"}}"> <a href="/en_gl/industries" data-cmp-clickable class="cmp-navigation__item-link">Industries</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-6f5335b909":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Advanced manufacturing and mobility","xdm:linkURL":"/en_gl/industries/advanced-manufacturing"}}"> <a href="/en_gl/industries/advanced-manufacturing" data-cmp-clickable class="cmp-navigation__item-link">Advanced manufacturing and mobility</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-8df798bc9d":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Aerospace and defense","xdm:linkURL":"/en_gl/industries/aerospace-defense"}}"> <a href="/en_gl/industries/aerospace-defense" data-cmp-clickable class="cmp-navigation__item-link">Aerospace and defense</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-33c0310542":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Automotive","xdm:linkURL":"/en_gl/industries/automotive"}}"> <a href="/en_gl/industries/automotive" data-cmp-clickable class="cmp-navigation__item-link">Automotive</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-b8735ef4af":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Chemicals and advanced materials","xdm:linkURL":"/en_gl/industries/chemicals"}}"> <a href="/en_gl/industries/chemicals" data-cmp-clickable class="cmp-navigation__item-link">Chemicals and advanced materials</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-c58dadeab7":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"EY-Nottingham spirk innovation hub","xdm:linkURL":"/en_gl/ey-nottingham-spirk-innovation-hub"}}"> <a href="/en_gl/ey-nottingham-spirk-innovation-hub" data-cmp-clickable class="cmp-navigation__item-link">EY-Nottingham spirk innovation hub</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-a1c590b33f":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Future mobility","xdm:linkURL":"/en_gl/insights/emobility"}}"> <a href="/en_gl/insights/emobility" data-cmp-clickable class="cmp-navigation__item-link">Future mobility</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-a1033e8ac2":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Industrial products","xdm:linkURL":"/en_gl/industries/industrial-products"}}"> <a href="/en_gl/industries/industrial-products" data-cmp-clickable class="cmp-navigation__item-link">Industrial products</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-461fdabb34":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Mobility lens suite","xdm:linkURL":"/en_gl/industries/automotive/mobility-lens-suite"}}"> <a href="/en_gl/industries/automotive/mobility-lens-suite" data-cmp-clickable class="cmp-navigation__item-link">Mobility lens suite</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-ae2158beb5":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Transportation","xdm:linkURL":"/en_gl/industries/transportation"}}"> <a href="/en_gl/industries/transportation" data-cmp-clickable class="cmp-navigation__item-link">Transportation</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-3aad2571ee":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Consumer","xdm:linkURL":"/en_gl/industries/consumer-products-retail"}}"> <a href="/en_gl/industries/consumer-products-retail" data-cmp-clickable class="cmp-navigation__item-link">Consumer</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-0538fd2795":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-11T13:34:39Z","dc:title":"Consumer products","xdm:linkURL":"/en_gl/industries/consumer-products"}}"> <a href="/en_gl/industries/consumer-products" data-cmp-clickable class="cmp-navigation__item-link">Consumer products</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7bcce8840e":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-02-12T06:37:06Z","dc:title":"Retail","xdm:linkURL":"/en_gl/industries/retail"}}"> <a href="/en_gl/industries/retail" data-cmp-clickable class="cmp-navigation__item-link">Retail</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-c4dbf550ec":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-02-12T06:37:06Z","dc:title":"The future consumer ","xdm:linkURL":"/en_gl/future-consumer-index"}}"> <a href="/en_gl/future-consumer-index" data-cmp-clickable class="cmp-navigation__item-link">The future consumer </a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-d8fbca8523":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-02-12T06:37:06Z","dc:title":"Sustainability","xdm:linkURL":"/en_gl/industries/sustainability-consumer-products-retail"}}"> <a href="/en_gl/industries/sustainability-consumer-products-retail" data-cmp-clickable class="cmp-navigation__item-link">Sustainability</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-24009efe4c":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Energy and resources","xdm:linkURL":"/en_gl/industries/energy-resources"}}"> <a href="/en_gl/industries/energy-resources" data-cmp-clickable class="cmp-navigation__item-link">Energy and resources</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7bf73bb176":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-11T13:08:38Z","dc:title":"Customer experience transformation","xdm:linkURL":"/en_gl/industries/energy-resources/customer-experience-transformation"}}"> <a href="/en_gl/industries/energy-resources/customer-experience-transformation" data-cmp-clickable class="cmp-navigation__item-link">Customer experience transformation</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-8c061850b6":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:13Z","dc:title":"Digital grid services","xdm:linkURL":"/en_gl/industries/energy-resources/power-utilities-digital-grid-services"}}"> <a href="/en_gl/industries/energy-resources/power-utilities-digital-grid-services" data-cmp-clickable class="cmp-navigation__item-link">Digital grid services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-0e1f52eef9":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-11T13:08:58Z","dc:title":"Digital mine","xdm:linkURL":"/en_gl/industries/energy-resources/mining-metals-digital-mine"}}"> <a href="/en_gl/industries/energy-resources/mining-metals-digital-mine" data-cmp-clickable class="cmp-navigation__item-link">Digital mine</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7e8ce6d4b3":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"Digital navigator for mining","xdm:linkURL":"/en_gl/industries/energy-resources/mining-metals-digital-navigator"}}"> <a href="/en_gl/industries/energy-resources/mining-metals-digital-navigator" data-cmp-clickable class="cmp-navigation__item-link">Digital navigator for mining</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7e0567cf40":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-11T13:08:58Z","dc:title":"Digital operations services for oil and gas","xdm:linkURL":"/en_gl/industries/oil-gas/digital-operation-services"}}"> <a href="/en_gl/industries/oil-gas/digital-operation-services" data-cmp-clickable class="cmp-navigation__item-link">Digital operations services for oil and gas</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-5f76302636":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"Energy industry cloud for SAP solutions","xdm:linkURL":"/en_gl/alliances/sap/energy-industry-cloud-sap-solutions"}}"> <a href="/en_gl/alliances/sap/energy-industry-cloud-sap-solutions" data-cmp-clickable class="cmp-navigation__item-link">Energy industry cloud for SAP solutions</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-d096544977":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"Global renewables","xdm:linkURL":"/en_gl/industries/energy-resources/global-renewables"}}"> <a href="/en_gl/industries/energy-resources/global-renewables" data-cmp-clickable class="cmp-navigation__item-link">Global renewables</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-b720a52ce3":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"Strategy consulting","xdm:linkURL":"/en_gl/industries/energy-resources/strategy-consulting"}}"> <a href="/en_gl/industries/energy-resources/strategy-consulting" data-cmp-clickable class="cmp-navigation__item-link">Strategy consulting</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-80a79318f8":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"UtilityWave","xdm:linkURL":"/en_gl/industries/energy-resources/power-utilities-utilitywave"}}"> <a href="/en_gl/industries/energy-resources/power-utilities-utilitywave" data-cmp-clickable class="cmp-navigation__item-link">UtilityWave</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7f5c8b67b6":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Financial services","xdm:linkURL":"/en_gl/industries/financial-services"}}"> <a href="/en_gl/industries/financial-services" data-cmp-clickable class="cmp-navigation__item-link">Financial services</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-97a0189e72":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Banking and capital markets","xdm:linkURL":"/en_gl/industries/banking-capital-markets"}}"> <a href="/en_gl/industries/banking-capital-markets" data-cmp-clickable class="cmp-navigation__item-link">Banking and capital markets</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-245409e87c":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Insurance","xdm:linkURL":"/en_gl/industries/insurance"}}"> <a href="/en_gl/industries/insurance" data-cmp-clickable class="cmp-navigation__item-link">Insurance</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-edc513c73e":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Wealth and asset management","xdm:linkURL":"/en_gl/industries/wealth-asset-management"}}"> <a href="/en_gl/industries/wealth-asset-management" data-cmp-clickable class="cmp-navigation__item-link">Wealth and asset management</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-00f5b32aa5":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Sustainable finance","xdm:linkURL":"/en_gl/insights/sustainability-financial-services"}}"> <a href="/en_gl/insights/sustainability-financial-services" data-cmp-clickable class="cmp-navigation__item-link">Sustainable finance</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-f72572016e":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Fintech and ecosystems","xdm:linkURL":"/en_gl/industries/banking-capital-markets/fintech-ecosystems"}}"> <a href="/en_gl/industries/banking-capital-markets/fintech-ecosystems" data-cmp-clickable class="cmp-navigation__item-link">Fintech and ecosystems</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-2af7c3dbff":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Government and infrastructure ","xdm:linkURL":"/en_gl/industries/government-public-sector"}}"> <a href="/en_gl/industries/government-public-sector" data-cmp-clickable class="cmp-navigation__item-link">Government and infrastructure </a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-2367920df4":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:48Z","dc:title":"Data and technology","xdm:linkURL":"/en_gl/industries/government-public-sector/digital-government"}}"> <a href="/en_gl/industries/government-public-sector/digital-government" data-cmp-clickable class="cmp-navigation__item-link">Data and technology</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-b10d9e72f1":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:48Z","dc:title":"Education","xdm:linkURL":"/en_gl/industries/government-public-sector/education-services"}}"> <a href="/en_gl/industries/government-public-sector/education-services" data-cmp-clickable class="cmp-navigation__item-link">Education</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-eed422f4d9":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:48Z","dc:title":"Human services","xdm:linkURL":"/en_gl/industries/government-public-sector/human-social-services"}}"> <a href="/en_gl/industries/government-public-sector/human-social-services" data-cmp-clickable class="cmp-navigation__item-link">Human services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-6bcf906acb":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:48Z","dc:title":"Infrastructure","xdm:linkURL":"/en_gl/insights/infrastructure"}}"> <a href="/en_gl/insights/infrastructure" data-cmp-clickable class="cmp-navigation__item-link">Infrastructure</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7da879ab13":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:48Z","dc:title":"Public finance management","xdm:linkURL":"/en_gl/industries/government-public-sector/blockchain"}}"> <a href="/en_gl/industries/government-public-sector/blockchain" data-cmp-clickable class="cmp-navigation__item-link">Public finance management</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-2f3b07f7e2":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Health","xdm:linkURL":"/en_gl/industries/health"}}"> <a href="/en_gl/industries/health" data-cmp-clickable class="cmp-navigation__item-link">Health</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-20a200b2b0":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:01:01Z","dc:title":"Health","xdm:linkURL":"/en_gl/industries/health"}}"> <a href="/en_gl/industries/health" data-cmp-clickable class="cmp-navigation__item-link">Health</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-985dee20c6":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:01:01Z","dc:title":"Life Sciences","xdm:linkURL":"/en_gl/industries/life-sciences"}}"> <a href="/en_gl/industries/life-sciences" data-cmp-clickable class="cmp-navigation__item-link">Life Sciences</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-4f45fbe4b7":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Private equity","xdm:linkURL":"/en_gl/industries/private-equity"}}"> <a href="/en_gl/industries/private-equity" data-cmp-clickable class="cmp-navigation__item-link">Private equity</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-cb1fc21a40":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:01:16Z","dc:title":"Digital in private equity ","xdm:linkURL":"/en_gl/industries/private-equity/digital"}}"> <a href="/en_gl/industries/private-equity/digital" data-cmp-clickable class="cmp-navigation__item-link">Digital in private equity </a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-dc7e962e07":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:01:16Z","dc:title":"Exit readiness","xdm:linkURL":"/en_gl/industries/private-equity/exit-readiness-ipo"}}"> <a href="/en_gl/industries/private-equity/exit-readiness-ipo" data-cmp-clickable class="cmp-navigation__item-link">Exit readiness</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-51886459ae":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-10-23T12:34:27Z","dc:title":"Generative AI services for private equity","xdm:linkURL":"/en_gl/industries/private-equity/generative-ai-services-for-private-equity"}}"> <a 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data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>Asking the better questions that unlock new answers to the working world's most complex issues.</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-button-1" class="cmp-container"> <div class="button"> <a class="up-button cmp-button " href="/en_gl/insights" aria-label="Explore Insights" data-cmp-clickable data-up-is="button" data-cmp-data-layer="{"button-e858c9956f":{"@type":"ey-unified-site/components/button","repo:modifyDate":"2024-02-19T11:48:10Z","dc:title":"Explore","xdm:linkURL":"/en_gl/insights"}}" data-analytics-category="Button" data-button-type="cta" data-snippet-url="/content/ey-unified-site/ey-com/global/main/en_gl/home/insights.html" data-analytics-label="CTA Button" analytics-button-type="cta" data-analytics-button-click> <span class="cmp-button__text" data-analytics-action-value>Explore</span> </a> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-wrapper-1" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-links-title-1" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-l2-1" class="cmp-container"> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-see-more-1" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-wrapper-1" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-1" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-see-more-1" class="cmp-container"> <div class="rich-text text"><div 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activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-title-1" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-0c6863ffd7":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-08-16T11:46:57Z","xdm:text":"<h4>Spotlight</h4>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4>Spotlight</h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-links-1" class="cmp-container"> <div class="container responsivegrid"> <div id="container-5871df580e" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-6061b8b217":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-08-28T13:10:53Z","xdm:text":"<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/services/ai.html\">AI insights</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/ceo.html\">CEO agenda</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/cfo-agenda.html\">CFO agenda</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/board-matters.html\">EY Center for Board Matters</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/media/podcasts.html\">Podcasts</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/media/webcasts.html\">Webcasts</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/case-studies.html\">Case studies</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/coo.html\">Operations leaders</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/cio.html\">Technology leaders</a></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><a href="/en_gl/services/ai">AI insights</a></p> <p><a href="/en_gl/ceo">CEO agenda</a></p> <p><a href="/en_gl/cfo-agenda">CFO agenda</a></p> <p><a href="/en_gl/board-matters">EY Center for Board Matters</a></p> <p><a href="/en_gl/media/podcasts">Podcasts</a></p> <p><a href="/en_gl/media/webcasts">Webcasts</a></p> <p><a href="/en_gl/case-studies">Case studies</a></p> <p><a href="/en_gl/coo">Operations leaders</a></p> <p><a href="/en_gl/cio">Technology leaders</a></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="container-f9ca6967dc" class="cmp-container"> </div> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="sitenav-sub-wrapper-2" class="cmp-container" role="tabpanel"> <div class="container responsivegrid"> <div id="subnav-intro-wrapper-2" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-intro-title-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-f54be3fcd0":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-19T11:45:38Z","xdm:text":"<h3>Services</h3>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3>Services</h3> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-49d6bf022b":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-03T11:26:09Z","xdm:text":"<p>EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.</p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-button-2" class="cmp-container"> <div class="button"> <a class="up-button cmp-button " href="/en_gl/services" aria-label="Explore Services" data-cmp-clickable data-up-is="button" data-cmp-data-layer="{"button-eec62d65ba":{"@type":"ey-unified-site/components/button","repo:modifyDate":"2024-02-19T11:47:51Z","dc:title":"Explore","xdm:linkURL":"/en_gl/services"}}" data-analytics-category="Button" data-button-type="cta" data-snippet-url="/content/ey-unified-site/ey-com/global/main/en_gl/home/services.html" data-analytics-label="CTA Button" analytics-button-type="cta" data-analytics-button-click> <span class="cmp-button__text" data-analytics-action-value>Explore</span> </a> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-wrapper-2" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-links-title-2" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-l2-2" class="cmp-container"> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-see-more-2" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-wrapper-2" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-2" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-see-more-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-0a277470c9":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2022-02-24T19:32:31Z","xdm:text":"<p>See more</p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>See more</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-title-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-8010603a8e":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-19T11:45:48Z","xdm:text":"<h4>Spotlight</h4>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4>Spotlight</h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-links-2" class="cmp-container"> <div class="container responsivegrid"> <div id="container-2ba9e59908" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-0a816395ce":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-03-06T06:21:02Z","xdm:text":"<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/services/ai/platform.html\">EY.ai - A unifying platform</a></p>\r\n<p><a href=\"https://www.ey.com/en_gl/realize-your-ambition/strategy-transaction-transformation-consulting\">Strategy, transaction and transformation consulting</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/services/consulting/technology-transformation.html\">Technology transformation</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/services/tax-function-operations.html\">Tax function operations</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/services/climate-change-sustainability-services.html\">Climate change and sustainability services</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/ecosystems.html\">EY Ecosystems</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/industries/financial-services/business-transformation-platform.html\">EY Nexus: business transformation platform</a></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><a href="/en_gl/services/ai/platform">EY.ai - A unifying platform</a></p> <p><a href="https://www.ey.com/en_gl/realize-your-ambition/strategy-transaction-transformation-consulting">Strategy, transaction and transformation consulting</a></p> <p><a href="/en_gl/services/consulting/technology-transformation">Technology transformation</a></p> <p><a href="/en_gl/services/tax-function-operations">Tax function operations</a></p> <p><a href="/en_gl/services/climate-change-sustainability-services">Climate change and sustainability services</a></p> <p><a href="/en_gl/ecosystems">EY Ecosystems</a></p> <p><a href="/en_gl/industries/financial-services/business-transformation-platform">EY Nexus: business transformation platform</a></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="container-a6cf0ccb8e" class="cmp-container"> </div> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="sitenav-sub-wrapper-3" class="cmp-container" role="tabpanel"> <div class="container responsivegrid"> <div id="subnav-intro-wrapper-3" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-intro-title-3" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-cd170201c7":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-19T11:46:05Z","xdm:text":"<h3>Industries</h3>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3>Industries</h3> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-3" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-d6d80962ab":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-10T09:41:40Z","xdm:text":"<p>Discover how EY insights and services are helping to reframe the future of your industry.<br>\r\n</p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>Discover how EY insights and services are helping to reframe the future of your industry.<br /> </p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-button-3" class="cmp-container"> <div class="button"> <a class="up-button cmp-button " href="/en_gl/industries" aria-label="Explore Industries" data-cmp-clickable data-up-is="button" data-cmp-data-layer="{"button-0e257059b8":{"@type":"ey-unified-site/components/button","repo:modifyDate":"2024-02-19T11:48:30Z","dc:title":"Explore","xdm:linkURL":"/en_gl/industries"}}" data-analytics-category="Button" data-button-type="cta" data-snippet-url="/content/ey-unified-site/ey-com/global/main/en_gl/home/industries.html" data-analytics-label="CTA Button" analytics-button-type="cta" data-analytics-button-click> <span class="cmp-button__text" data-analytics-action-value>Explore</span> </a> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-wrapper-3" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-links-title-3" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-l2-3" class="cmp-container"> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-see-more-3" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-wrapper-3" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-3" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-see-more-3" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-4eddae9283":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2022-02-24T19:32:31Z","xdm:text":"<p>See more</p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>See more</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-title-3" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-0a7e5b5a57":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-19T11:46:19Z","xdm:text":"<h4>Case studies</h4>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4>Case studies</h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-links-3" class="cmp-container"> <div class="eycom-tier3-casestudy"> <div class="caseStudies"> <p class="caseStudies__title">Workforce</p> <p> <a href="/en_gl/insights/workforce/how-microsoft-built-a-new-mobility-model-for-cross-border-talent">How Microsoft built a new mobility model for cross-border talent</a> </p> <p> <span class="date">13 May 2024</span><a href="/en_gl/people/ey">EY Global </a> </p> </div> <div class="caseStudies"> <p class="caseStudies__title">Private equity</p> <p> <a href="/en_gl/insights/private-equity/how-genai-is-empowering-talent-at-a-pe-backed-consumer-brand">How GenAI is empowering talent at a PE-backed consumer brand</a> </p> <p> <span class="date">08 May 2024</span><a href="/en_gl/people/ey">EY Global </a> </p> </div> <div class="caseStudies"> <p class="caseStudies__title">Strategy and Transactions</p> <p> <a href="/en_gl/insights/strategy-transactions/how-carve-outs-positioned-an-automotive-giant-for-future-growth">How carve-outs positioned an automotive giant for future growth</a> </p> <p> <span class="date">11 Apr 2024</span><a href="/en_gl/people/ey">EY Global </a> </p> </div> </div> <div class="container responsivegrid"> <div id="container-461571752a" class="cmp-container"> </div> </div> <div class="container responsivegrid"> <div id="container-6c8992017c" class="cmp-container"> <div class="separator cmp-separator--half-size"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> </div> </div> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-2694a86077":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-05-03T01:22:08Z","xdm:text":"<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/case-studies.html\">See all</a></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" 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data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3>Careers</h3> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-4" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-c6052d793a":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-10T11:08:01Z","xdm:text":"<p>We bring together extraordinary people, like you, to build a better working world.</p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>We bring together extraordinary people, like you, to build a better working world.</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow 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class="cmp-button__text" data-analytics-action-value>Explore</span> </a> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-wrapper-4" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-links-title-4" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-l2-4" class="cmp-container"> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-see-more-4" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-wrapper-4" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-4" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-see-more-4" class="cmp-container"> <div class="rich-text text"><div 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id="container-7bed18a64c" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-ce91a7f26b":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-10T11:25:56Z","xdm:text":"<p><a href=\"https://careers.ey.com/ey\">Experienced professionals</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/careers/parthenon.html\">EY-Parthenon careers</a></p>\r\n<p><a href=\"https://eyglobal.yello.co/job_boards/c1riT--B2O-KySgYWsZO1Q?locale=en\">Student and entry level programs</a></p>\r\n<p><a href=\"https://careers.ey.com/ey/lp/TC/f7abb34d58e4b33e/?locale=en_US\">Talent community</a></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><a href="https://careers.ey.com/ey">Experienced professionals</a></p> <p><a href="/en_gl/careers/parthenon">EY-Parthenon careers</a></p> <p><a href="https://eyglobal.yello.co/job_boards/c1riT--B2O-KySgYWsZO1Q?locale=en">Student and entry level programs</a></p> <p><a href="https://careers.ey.com/ey/lp/TC/f7abb34d58e4b33e/?locale=en_US">Talent community</a></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="container-19ed833f12" class="cmp-container"> </div> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="sitenav-sub-wrapper-5" class="cmp-container" role="tabpanel"> <div class="container responsivegrid"> <div id="subnav-intro-wrapper-5" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-intro-title-5" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-4a227c7bdd":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-19T11:49:41Z","xdm:text":"<h3>About us</h3>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3>About us</h3> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-5" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-5f79bf5289":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-10T11:29:01Z","xdm:text":"<p>At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.</p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-button-5" class="cmp-container"> <div class="button"> <a class="up-button cmp-button " href="/en_gl/about-us" aria-label="Explore About Us" data-cmp-clickable data-up-is="button" 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900w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=1000&preferwebp=true 1000w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=1100&preferwebp=true 1100w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=1200&preferwebp=true 1200w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=1600&preferwebp=true 1600w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=1800&preferwebp=true 1800w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=2000&preferwebp=true 2000w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=2400&preferwebp=true 2400w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=2700&preferwebp=true 2700w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=3000&preferwebp=true 3000w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=3300&preferwebp=true 3300w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=3600&preferwebp=true 3600w,/adobe/dynamicmedia/deliver/dm-aid--ca8aa67a-6b80-4175-9dbe-6d44a106775d/ey-man-dancing-in-front-of-large-scale-abstract-image-being-projected-onto-the-walls-behind-him.jpg?quality=85&width=3840&preferwebp=true 3840w" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="3840" height="2560" alt="Man dancing in front of large scale abstract image being projected onto the walls behind him"/> </div> </div> </div> <div class="cmp-hero__overlay" data-variant-type="image-default"> <div class="cmp-hero__content"> <p class="cmp-hero__pre-title">CFO Imperative</p> <h1 class="cmp-hero__description"> Six ways CFOs can increase the likelihood of transformation success </h1> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid aem-GridColumn aem-GridColumn--default--12"> <div id="container-65831e4dfb" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="container responsivegrid aem-GridColumn aem-GridColumn--default--12"> <div id="container-b4b20e5546" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 aem-Grid--tablet-portrait--12 aem-Grid--mobile--12 "> <div class="upTwoColumns component aem-GridColumn aem-GridColumn--default--12"><div class="up-two-columns"> <div class="up-two-columns__left-container"> <div class="left-container container responsivegrid up-two-columns__left-container-top"> <div id="left-container-b76eb3b7a4" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="up-authors-and-contributors aem-GridColumn aem-GridColumn--default--12"> <div class="up-authors-and-contributors up-authors-and-contributors--article-sidebar" data-up-analytics="authors-and-contributors" data-up-is="authors-and-contributors"> <p class="up-authors-and-contributors__multiple-author-title"> Authors </p> <ul class="up-authors-and-contributors__author-links"> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Ross Lacey" href="/en_gl/people/ross-lacey"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container up-authors-and-contributors__author-name-container--is-multiple"> Ross Lacey </div> </figure> </a> <p class="up-authors-and-contributors__author-title"> EY Global Finance Transformation Strategy and Vision Leader </p> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Frank Geelen" href="/en_gl/people/frank-geelen"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container up-authors-and-contributors__author-name-container--is-multiple"> Frank Geelen </div> </figure> </a> <p class="up-authors-and-contributors__author-title"> EY EMEIA Finance Consulting Leader </p> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="David Fincher" href="/en_gl/people/david-fincher"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container up-authors-and-contributors__author-name-container--is-multiple"> David Fincher </div> </figure> </a> <p class="up-authors-and-contributors__author-title"> EY Asia-Pacific Finance Leader </p> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Libby Hacker" href="/en_gl/people/libby-hacker"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container up-authors-and-contributors__author-name-container--is-multiple"> Libby Hacker </div> </figure> </a> <p class="up-authors-and-contributors__author-title"> EY Global People Consulting Finance Leader </p> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Liz Fealy" href="/en_gl/people/liz-fealy"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container up-authors-and-contributors__author-name-container--is-multiple"> Liz Fealy </div> </figure> </a> <p class="up-authors-and-contributors__author-title"> EY Global People Advisory Services Tax Deputy Leader </p> </li> </ul> <div class="up-authors-and-contributors__contributors"> <p class="up-authors-and-contributors__contributors-title"> Contributors </p> <ul class="up-authors-and-contributors__contributors-links"> <li class="up-authors-and-contributors__contributor-link-container"> <a class="up-authors-and-contributors__contributor-link" href="/en_gl/people/myles-corson"> Myles Corson</a> </li> </ul> </div> </div> </div> <div class="displaymetadata aem-GridColumn aem-GridColumn--default--12"><div> <div class="up-display-metadata-utility"> <span class="up-display-metadata-utility__content"> 13 minute read </span> <span class="up-display-metadata-utility__content"> 18 Apr 2023 </span> </div> </div> </div> <div class="surfaceTags aem-GridColumn aem-GridColumn--default--12"> <div data-cmp-data-layer="{"surfaceTags-544223c92a":{"@type":"ey-unified-site/components/surfaceTags","repo:modifyDate":"2023-09-29T10:47:17Z"}}" data-analytics-category="Surface Tags" class="up-surface-tags"> <span class="up-surface-tags__topic-title" data-analytics-label> Related topics </span> <div class="up-surface-tags__topic-items"> <div class="up-surface-tags__topic-items-item"> <a class="cmp-button" data-analytics-link-click href="/en_gl/services/consulting"> <span data-analytics-action-value class="cmp-button__text">Consulting</span> </a> </div> <div class="up-surface-tags__topic-items-item"> <a class="cmp-button" data-analytics-link-click href="/en_gl/cfo-agenda"> <span data-analytics-action-value 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</div> </div> </div> </div> </div> <div class="left-container container responsivegrid up-two-columns__left-container-bottom"> <div id="left-container-9dfcc64415" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> </div> </div> </div> </div> <div class="parsys up-two-columns__right-container"><div class="container responsivegrid section"> <div id="container-d0a800f640" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="container responsivegrid aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--11 aem-GridColumn--offset--default--0"> <div id="container-3196468cea" class="cmp-container"> <div class="aem-Grid aem-Grid--11 aem-Grid--default--11 "> <div class="rich-text text aem-GridColumn aem-GridColumn--default--11"><div data-cmp-data-layer="{"rich-text-21e51eb358":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-10-16T10:30:33Z","xdm:text":"<h4><span class=\"copy-block\">Transformation during uncertain times is critical. Success is more likely if CFOs can focus on six specific yet complex human factors.</span></h4>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Transformation during uncertain times is critical. Success is more likely if CFOs can focus on six specific yet complex human factors.</span></h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="separator cmp-separator--horizontal-rule cmp-separator--half-size aem-GridColumn aem-GridColumn--default--11"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="rich-text text aem-GridColumn aem-GridColumn--default--11"><div data-cmp-data-layer="{"rich-text-0f90d43fcf":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-01T12:55:31Z","xdm:text":"<p><span class=\"copy-block\"><b>In brief</b></span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">As economic uncertainty continues, CFOs continue to be integral leaders in their organizations’ transformation for long-term competitiveness.</span></li>\r\n<li><span class=\"copy-block\">Concerningly, nearly half of CFOs surveyed think their organization has gaps in its ability to execute successful transformation.</span></li>\r\n<li><span class=\"copy-block\">By consciously empowering their people, CFOs can more than double the chances of transformation success.</span></li>\r\n</ul>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block"><b>In brief</b></span></p> <ul><li><span class="copy-block">As economic uncertainty continues, CFOs continue to be integral leaders in their organizations’ transformation for long-term competitiveness.</span></li><li><span class="copy-block">Concerningly, nearly half of CFOs surveyed think their organization has gaps in its ability to execute successful transformation.</span></li><li><span class="copy-block">By consciously empowering their people, CFOs can more than double the chances of transformation success.</span></li></ul> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="separator cmp-separator--horizontal-rule cmp-separator--half-size aem-GridColumn aem-GridColumn--default--11"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="rich-text text aem-GridColumn aem-GridColumn--default--11"><div data-cmp-data-layer="{"rich-text-2fe6387380":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-11-24T08:06:23Z","xdm:text":"<p><span class=\"copy-block\"><span class=\"drop-cap\">C</span>hief Financial Officers have learned from experience that successful transformations are neither easy nor inevitable. At least three-quarters of CFOs surveyed in a <a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/insights/consulting/how-transformations-with-humans-at-the-center-can-double-your-success.html\" target=\"_self\">recent research collaboration</a> between the EY organization and the University of Oxford’s Saïd Business School say they have experienced at least one underperforming transformation in the last five years. Yet, many CFOs still don’t understand that buy-in from staff is a critical factor in determining the success of transformational programs.</span></p>\r\n<p><span class=\"copy-block\">In this edition of the <a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/cfo-agenda.html\" target=\"_self\">CFO Imperative Series</a>, which provides critical answers and actions to help finance leaders reframe the future of their organizations, we analyze the CFO perspective on transformation based on that research, which also indicated nearly half of CFOs surveyed believe their organization has insufficient capabilities to transform successfully.</span></p>\r\n<p><span class=\"copy-block\">The research goes on to imply that the emotional cost of an underperforming transformation compromises subsequent transformation efforts. It seems failure breeds failure.</span></p>\r\n<p><span class=\"copy-block\">The research also showed that nearly half of finance staff believed that “transformation” is a euphemism for cost reduction and head-count reductions. This perception is heightened during periods of economic uncertainty. But many CFOs fail to provide sufficient support to address the psychological and emotional pressures caused by a transformation program.</span></p>\r\n<p><span class=\"copy-block\">Our research shows that successful transformation leaders are more effective at managing the stress and pressure on the workforce, and that by mastering six key levers, they increase the likelihood of a successful transformation by a factor of 2.6 — from only a 28% chance of success up to 73%.</span></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block"><span class="drop-cap">C</span>hief Financial Officers have learned from experience that successful transformations are neither easy nor inevitable. At least three-quarters of CFOs surveyed in a <a href="/en_gl/insights/consulting/how-transformations-with-humans-at-the-center-can-double-your-success" target="_self" rel="noopener noreferrer">recent research collaboration</a> between the EY organization and the University of Oxford’s Saïd Business School say they have experienced at least one underperforming transformation in the last five years. Yet, many CFOs still don’t understand that buy-in from staff is a critical factor in determining the success of transformational programs.</span></p> <p><span class="copy-block">In this edition of the <a href="/en_gl/cfo-agenda" target="_self" rel="noopener noreferrer">CFO Imperative Series</a>, which provides critical answers and actions to help finance leaders reframe the future of their organizations, we analyze the CFO perspective on transformation based on that research, which also indicated nearly half of CFOs surveyed believe their organization has insufficient capabilities to transform successfully.</span></p> <p><span class="copy-block">The research goes on to imply that the emotional cost of an underperforming transformation compromises subsequent transformation efforts. It seems failure breeds failure.</span></p> <p><span class="copy-block">The research also showed that nearly half of finance staff believed that “transformation” is a euphemism for cost reduction and head-count reductions. This perception is heightened during periods of economic uncertainty. But many CFOs fail to provide sufficient support to address the psychological and emotional pressures caused by a transformation program.</span></p> <p><span class="copy-block">Our research shows that successful transformation leaders are more effective at managing the stress and pressure on the workforce, and that by mastering six key levers, they increase the likelihood of a successful transformation by a factor of 2.6 — from only a 28% chance of success up to 73%.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upAccordion component aem-GridColumn aem-GridColumn--default--11"> <div id="accordion-2252bea835" class="up-accordion" data-up-is="accordion" data-up-single-expansion data-placeholder-text="false"> <ul class="up-accordion__list"> <li data-up-hook-accordion="[items]" id="accordion-2252bea835-item-d7fb8d7931" class="up-accordion__item"> <h3 class="up-accordion__header"> <button id="accordion-2252bea835-item-d7fb8d7931-button" class="up-accordion__header-button" aria-controls="accordion-2252bea835-item-d7fb8d7931-panel" aria-expanded="false" data-up-hook-accordion="[buttons]"> <span class="up-accordion__header-button-title">Methodology</span> <span class="up-accordion__header-button-icon"> </span> </button> </h3> <div data-up-hook-accordion="[panels]" id="accordion-2252bea835-item-d7fb8d7931-panel" class="up-accordion__panel" role="region" aria-labelledby="accordion-2252bea835-item-d7fb8d7931-button" aria-hidden="true" inert><div class="container responsivegrid"> <div id="container-d7fb8d7931" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="rich-text text aem-GridColumn aem-GridColumn--default--12"><div data-cmp-data-layer="{"rich-text-ebf49f5906":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-14T08:43:13Z","xdm:text":"<p><span class=\"copy-block\">EY and the University of Oxford’s Saïd Business School surveyed 935 senior leaders and direct reports, as well as 1,127 workforce members from 23 countries and 16 industry sectors.</span></p>\r\n<p><span class=\"copy-block\">Most of our survey respondents had led or experienced multiple transformations — both successful and underperforming. To understand what differentiates success from failure, we asked respondents to reflect on a specific transformation in the past five years and assess its design, execution and performance on multiple dimensions. We used a least-quota fill approach to ensure we captured equal numbers of successful and underperforming transformations.</span></p>\r\n<p><span class=\"copy-block\">We also conducted in-depth qualitative interviews with 25 transformation leaders across more than 10 sectors. We asked each leader to identify three critical turning points in their transformations. During the one-hour interview, we discussed each turning point to understand when and why transformations may derail, what actions the leader took to improve and how it impacted the outcome of the transformation.</span></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">EY and the University of Oxford’s Saïd Business School surveyed 935 senior leaders and direct reports, as well as 1,127 workforce members from 23 countries and 16 industry sectors.</span></p> <p><span class="copy-block">Most of our survey respondents had led or experienced multiple transformations — both successful and underperforming. To understand what differentiates success from failure, we asked respondents to reflect on a specific transformation in the past five years and assess its design, execution and performance on multiple dimensions. We used a least-quota fill approach to ensure we captured equal numbers of successful and underperforming transformations.</span></p> <p><span class="copy-block">We also conducted in-depth qualitative interviews with 25 transformation leaders across more than 10 sectors. We asked each leader to identify three critical turning points in their transformations. During the one-hour interview, we discussed each turning point to understand when and why transformations may derail, what actions the leader took to improve and how it impacted the outcome of the transformation.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> </li> </ul> </div> </div> <div class="rich-text text aem-GridColumn aem-GridColumn--default--11"><div data-cmp-data-layer="{"rich-text-cd8ca8b778":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-10-16T10:31:45Z","xdm:text":"<h3><span class=\"copy-block\">Six key drivers of transformation success</span></h3>\r\n<h4><span class=\"copy-block\">1. Inspire: create a vision that speaks to all and defines a compelling “why”</span></h4>\r\n<p><span class=\"copy-block\">Leaders may fail to fully recognize the importance and the symbolism a vision can have in triggering and inspiring a sense of purpose. Because of this, the time and money organizations spend on collaboratively creating a vision is often wasted. Nearly half of the finance workforce impacted by an unsuccessful transformation state they didn’t understand the leadership vision.</span></p>\r\n<p><span class=\"copy-block\">CFOs do not always value the power of a shared purpose in inspiring teams. They sometimes need help challenging their personal biases and sense of what motivates others. In the absence of a personal connection, individuals often reach negative conclusions around intent, resulting in an unwillingness to engage in — and sometimes active resistance to — the objectives of a program.</span></p>\r\n<p><span class=\"copy-block\">CFOs must always keep the human element of transformation in the forefront. It is crucial for leaders to have a clear understanding of what is going to happen, as well as the impact on individuals and groups. Typically, CFOs think in terms of program milestones and organizational goals rather than individual journeys or personal milestones. CFOs need to invest in a narrative that addresses individual journeys to help staff members take ownership of their roles, removing anxiety that can come from feeling a loss of control.</span></p>\r\n<p><span class=\"copy-block\">Key actions for CFOs:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Create a vision that individuals can relate to, will go the extra mile for and that answers the fundamental question of “why?”.</span></li>\r\n<li><span class=\"copy-block\">Step outside natural comfort zones to proactively engage with teams in open, two-way discussions on the transformation vision and how it impacts them. Connecting on an emotional level and telling personal stories that others can relate to are two critical characteristics that will drive belief in the vision.</span></li>\r\n<li><span class=\"copy-block\">Constantly reference and test the vision throughout the transformational journey.</span></li>\r\n</ul>\r\n<h4><span class=\"copy-block\">2. Lead: develop an empathetic and authentic leadership style to build alignment around the finance vision</span></h4>\r\n<p><span class=\"copy-block\">Successful transformation requires leaders to exhibit determination, courage and empathy, particularly around the workforce’s expectations and priorities. While clarity of purpose is necessary to drive the momentum, CFOs also need to demonstrate empathy and draw direct links between the transformation vision and the positive outcomes for the organization and workforce as a whole.</span></p>\r\n<p><span class=\"copy-block\">This is not always easy for senior executives who have grown up mastering a technical subject and have been trained to show self-confidence and certainty when explaining plans and outcomes to stakeholders. Communicating to teams how a transformation is going to impact them requires a very different playbook.</span></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3><span class="copy-block">Six key drivers of transformation success</span></h3> <h4><span class="copy-block">1. Inspire: create a vision that speaks to all and defines a compelling “why”</span></h4> <p><span class="copy-block">Leaders may fail to fully recognize the importance and the symbolism a vision can have in triggering and inspiring a sense of purpose. Because of this, the time and money organizations spend on collaboratively creating a vision is often wasted. Nearly half of the finance workforce impacted by an unsuccessful transformation state they didn’t understand the leadership vision.</span></p> <p><span class="copy-block">CFOs do not always value the power of a shared purpose in inspiring teams. They sometimes need help challenging their personal biases and sense of what motivates others. In the absence of a personal connection, individuals often reach negative conclusions around intent, resulting in an unwillingness to engage in — and sometimes active resistance to — the objectives of a program.</span></p> <p><span class="copy-block">CFOs must always keep the human element of transformation in the forefront. It is crucial for leaders to have a clear understanding of what is going to happen, as well as the impact on individuals and groups. Typically, CFOs think in terms of program milestones and organizational goals rather than individual journeys or personal milestones. CFOs need to invest in a narrative that addresses individual journeys to help staff members take ownership of their roles, removing anxiety that can come from feeling a loss of control.</span></p> <p><span class="copy-block">Key actions for CFOs:</span></p> <ul><li><span class="copy-block">Create a vision that individuals can relate to, will go the extra mile for and that answers the fundamental question of “why?”.</span></li><li><span class="copy-block">Step outside natural comfort zones to proactively engage with teams in open, two-way discussions on the transformation vision and how it impacts them. Connecting on an emotional level and telling personal stories that others can relate to are two critical characteristics that will drive belief in the vision.</span></li><li><span class="copy-block">Constantly reference and test the vision throughout the transformational journey.</span></li></ul> <h4><span class="copy-block">2. Lead: develop an empathetic and authentic leadership style to build alignment around the finance vision</span></h4> <p><span class="copy-block">Successful transformation requires leaders to exhibit determination, courage and empathy, particularly around the workforce’s expectations and priorities. While clarity of purpose is necessary to drive the momentum, CFOs also need to demonstrate empathy and draw direct links between the transformation vision and the positive outcomes for the organization and workforce as a whole.</span></p> <p><span class="copy-block">This is not always easy for senior executives who have grown up mastering a technical subject and have been trained to show self-confidence and certainty when explaining plans and outcomes to stakeholders. Communicating to teams how a transformation is going to impact them requires a very different playbook.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="container responsivegrid aem-GridColumn aem-GridColumn--default--11"> <div id="container-bfef166ecc" class="cmp-container"> <div class="aem-Grid aem-Grid--11 aem-Grid--default--11 "> <div class="inlinefigurestrip aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--5 aem-GridColumn--offset--default--0"> <div class="inline-figure-strip" data-final-number="50%"> <div class="aem-Grid aem-Grid--12 inline-figure-strip-flex"> <div class="cmp-inline-figure-strip-wrapper"> <div class="cmp-inline-figure__label"> <span class="up-cmp-inline-figure__label-text">Empathetic leadership</span> </div> <div class="cmp-inline-figure__figures" aria-hidden="true">50%</div> <div><span class="cmp-inline-figure__context">of finance leaders believed that they understood the needs and views of their team.</span></div> </div> </div> </div> </div> <div class="inlinefigurestrip aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--5 aem-GridColumn--offset--default--1"> <div class="inline-figure-strip" data-final-number="36%"> <div class="aem-Grid aem-Grid--12 inline-figure-strip-flex"> <div class="cmp-inline-figure-strip-wrapper"> <div class="cmp-inline-figure__label"> <span class="up-cmp-inline-figure__label-text"></span> </div> <div class="cmp-inline-figure__figures" aria-hidden="true">36%</div> <div><span class="cmp-inline-figure__context">of finance teams believed their leaders understood the team’s needs and views.</span></div> </div> </div> </div> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn aem-GridColumn--default--11"><div data-cmp-data-layer="{"rich-text-0ecb56a640":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-10-16T10:32:04Z","xdm:text":"<p><span class=\"copy-block\">Our research shows that finance function leaders need to reflect on their leadership skills. Two-thirds of the finance workforce did not agree that leadership understood the needs of the workforce. Similarly, finance function employees were less positive about their leaders’ ability to demonstrate effective and inclusive leadership than finance leaders themselves, with only one third (33%) of finance workers agreeing that finance leaders made timely and tough decisions under pressure versus nearly half (47%) of finance leaders.&nbsp; &nbsp;</span></p>\r\n<p><span class=\"copy-block\">Key actions for CFOs:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Demonstrate inclusive leadership and the capability to influence and align diverse stakeholders.</span></li>\r\n<li><span class=\"copy-block\">Listen for noise, anticipate cynicism and effectively manage yourself and your teams through the emotional turbulence.</span></li>\r\n</ul>\r\n<h4><span class=\"copy-block\">3. Care: deliberately build a supportive environment for teams that feel their jobs are at risk</span></h4>\r\n<p><span class=\"copy-block\">Successful transformations take people on the transformation journey, achieving buy-in and commitment along the way. While leadership is important, a participative transformation culture where everybody feels fully engaged in the journey is even more important. Yet in our survey, while 46% of finance leaders said they accepted ideas from junior personnel, only 31% of finance workers felt leaders listened to them.</span></p>\r\n<p><span class=\"copy-block\">CFOs need to work hard to enable psychological safety and support to staff through what will be an emotional journey for many. This can be done through active listening, demonstrated empathy and constructive problem solving. People want to feel as if they are part of something bigger than themselves. And they need to feel empowered to voice their opinions. To this end, it is important for CFOs to be actively seen listening and responding to staff feedback. Sometimes this can be as simple as acknowledging the pressures finance teams are under and the volume of work they’re being asked to do both for the transformation and as part of their day-to-day activities.</span></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">Our research shows that finance function leaders need to reflect on their leadership skills. Two-thirds of the finance workforce did not agree that leadership understood the needs of the workforce. Similarly, finance function employees were less positive about their leaders’ ability to demonstrate effective and inclusive leadership than finance leaders themselves, with only one third (33%) of finance workers agreeing that finance leaders made timely and tough decisions under pressure versus nearly half (47%) of finance leaders. </span></p> <p><span class="copy-block">Key actions for CFOs:</span></p> <ul><li><span class="copy-block">Demonstrate inclusive leadership and the capability to influence and align diverse stakeholders.</span></li><li><span class="copy-block">Listen for noise, anticipate cynicism and effectively manage yourself and your teams through the emotional turbulence.</span></li></ul> <h4><span class="copy-block">3. Care: deliberately build a supportive environment for teams that feel their jobs are at risk</span></h4> <p><span class="copy-block">Successful transformations take people on the transformation journey, achieving buy-in and commitment along the way. While leadership is important, a participative transformation culture where everybody feels fully engaged in the journey is even more important. Yet in our survey, while 46% of finance leaders said they accepted ideas from junior personnel, only 31% of finance workers felt leaders listened to them.</span></p> <p><span class="copy-block">CFOs need to work hard to enable psychological safety and support to staff through what will be an emotional journey for many. This can be done through active listening, demonstrated empathy and constructive problem solving. People want to feel as if they are part of something bigger than themselves. And they need to feel empowered to voice their opinions. To this end, it is important for CFOs to be actively seen listening and responding to staff feedback. Sometimes this can be as simple as acknowledging the pressures finance teams are under and the volume of work they’re being asked to do both for the transformation and as part of their day-to-day activities.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="inlinefigurestrip aem-GridColumn aem-GridColumn--default--11"> <div class="inline-figure-strip" data-final-number="46%"> <div class="aem-Grid aem-Grid--12 inline-figure-strip-flex"> <div class="cmp-inline-figure-strip-wrapper"> <div class="cmp-inline-figure__label"> <span class="up-cmp-inline-figure__label-text">Responding to feedback</span> </div> <div class="cmp-inline-figure__figures" aria-hidden="true">46%</div> <div><span class="cmp-inline-figure__context">of finance leaders say they accept ideas from junior personnel, but only 31% of finance workers felt leaders listen to them.</span></div> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn aem-GridColumn--default--11"><div data-cmp-data-layer="{"rich-text-7de0cf942a":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-10-16T10:32:37Z","xdm:text":"<p><span class=\"copy-block\">There can also be a disconnect between the impact of change from the perspective of the CFO and the finance leadership team versus the impact on middle managers and the teams working beneath them. This is where honesty in communicating what may be changing is essential. Finance teams will feel more supported the more transparent CFOs can be about the changes and what they mean,&nbsp; the expectations of middle-management’s role, and the relative balance between the opportunities and the risks.</span></p>\r\n<p><span class=\"copy-block\">Key actions for CFOs:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Build trust across the leadership team and workforce by engaging them in collaborative design sessions to capture ideas, test thinking and agree on priorities</span></li>\r\n<li><span class=\"copy-block\">Assess the health of your teams through influencers (often within the layers of middle-management) and digitally enabled tools that can provide anonymized safe-places for capturing undiluted feedback about staff feelings and concerns.</span></li>\r\n<li><span class=\"copy-block\">Be open to new ideas and concerns from all levels within the team, and actively and visibly respond to them accordingly. Demonstrate that you’ve heard what the finance team is saying, either by making changes or explaining why things need to remain as they are.</span></li>\r\n<li><span class=\"copy-block\">Set realistic expectations by being honest about the journey ahead and clearly articulate both the opportunities and the challenges the transformation may bring.</span></li>\r\n</ul>\r\n<h4><span class=\"copy-block\">4. Empower: delegate decision rights and deliberately focus on building a culture of safe experimentation</span></h4>\r\n<p><span class=\"copy-block\">Transformation journeys are not linear and can be disrupted by events during their execution. In our research, leaders of successful transformations suggested that taking a step back or changing course and following another route wasn’t necessarily a bad thing. To smooth over those changes, leaders should set expectations from the outset that changes to plans were possible, as well as communicate the changes themselves as transparently and as early as reasonably possible.&nbsp;</span></p>\r\n<p><span class=\"copy-block\">Traditionally, finance functions perform technical work that require precision and working to regular monthly, quarterly and annual cadences. This drives a culture of no surprises. This can stifle some of the capabilities and behaviors that drive innovation. In our research, finance function staff were more inclined to believe that failed experimentation would negatively impact their careers (70% of finance workers versus 62% of workers in all functions). This difference was also replicated in the attitude of leaders in their willingness to fund innovation and new ideas (33% of finance leaders versus 41% of all leaders).</span></p>\r\n<p><span class=\"copy-block\">As transformation becomes a constant, CFOs must encourage creativity and innovation, so that their organizations are capable of adaptive change and learning. They need to create a safe environment, communicating that it’s okay to experiment, fail fast and learn without a negative career impact. However, it’s important to also set clear boundaries around the scope of experimentation and establish realistic expectations that experimentation and innovation aren’t open-ended. Embracing this type of disciplined freedom can create openings for new perspectives and unlock significant new insights at the expense of controlled failures.</span></p>\r\n<p><span class=\"copy-block\">Key actions for CFOs:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Establish clear roles and responsibilities and delegate decision rights down from the finance leadership team. Be clear about where teams have the freedom to make decisions and where they don’t.</span></li>\r\n<li><span class=\"copy-block\">Foster a culture of safe experimentation and create a “fail fast” mindset to capture and realize opportunities that a “no surprises” mindset may miss.</span></li>\r\n<li><span class=\"copy-block\">Define “failing fast” so teams understand the leeway for agility while also meeting macro performance targets.</span></li>\r\n<li><span class=\"copy-block\">Let go of the drive for perfection around problem solving and give teams sufficient autonomy to do their jobs, and sometimes not get it 100% right the first time.</span></li>\r\n</ul>\r\n<h4><span class=\"copy-block\">5. Build: quickly show how the technology will help deliver the finance vision</span></h4>\r\n<p><span class=\"copy-block\">Combining technology with the right skills is crucial in making the transformation real. Therefore, it is unsurprising that innovative technology is often at the forefront of the finance leadership’s transformation efforts. In fact, 38% of CFOs identified the pursuit of technology and digital innovation as a key motivator for initiating transformations. That said, only two in five senior finance leaders (43%), including CFOs, identified technology as among the top three biggest challenges to delivering successful transformations.</span></p>\r\n<p><span class=\"copy-block\">Surprisingly, even today many transformations deploy technology changes with an attitude that workers are simply expected to attend trainings, then adapt and adopt. Often there is little consideration of the end user during the design phase, or how to engage with them in a way that helps them understand the changes and provide productive feedback on further product enhancements.</span></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">There can also be a disconnect between the impact of change from the perspective of the CFO and the finance leadership team versus the impact on middle managers and the teams working beneath them. This is where honesty in communicating what may be changing is essential. Finance teams will feel more supported the more transparent CFOs can be about the changes and what they mean, the expectations of middle-management’s role, and the relative balance between the opportunities and the risks.</span></p> <p><span class="copy-block">Key actions for CFOs:</span></p> <ul><li><span class="copy-block">Build trust across the leadership team and workforce by engaging them in collaborative design sessions to capture ideas, test thinking and agree on priorities</span></li><li><span class="copy-block">Assess the health of your teams through influencers (often within the layers of middle-management) and digitally enabled tools that can provide anonymized safe-places for capturing undiluted feedback about staff feelings and concerns.</span></li><li><span class="copy-block">Be open to new ideas and concerns from all levels within the team, and actively and visibly respond to them accordingly. Demonstrate that you’ve heard what the finance team is saying, either by making changes or explaining why things need to remain as they are.</span></li><li><span class="copy-block">Set realistic expectations by being honest about the journey ahead and clearly articulate both the opportunities and the challenges the transformation may bring.</span></li></ul> <h4><span class="copy-block">4. Empower: delegate decision rights and deliberately focus on building a culture of safe experimentation</span></h4> <p><span class="copy-block">Transformation journeys are not linear and can be disrupted by events during their execution. In our research, leaders of successful transformations suggested that taking a step back or changing course and following another route wasn’t necessarily a bad thing. To smooth over those changes, leaders should set expectations from the outset that changes to plans were possible, as well as communicate the changes themselves as transparently and as early as reasonably possible. </span></p> <p><span class="copy-block">Traditionally, finance functions perform technical work that require precision and working to regular monthly, quarterly and annual cadences. This drives a culture of no surprises. This can stifle some of the capabilities and behaviors that drive innovation. In our research, finance function staff were more inclined to believe that failed experimentation would negatively impact their careers (70% of finance workers versus 62% of workers in all functions). This difference was also replicated in the attitude of leaders in their willingness to fund innovation and new ideas (33% of finance leaders versus 41% of all leaders).</span></p> <p><span class="copy-block">As transformation becomes a constant, CFOs must encourage creativity and innovation, so that their organizations are capable of adaptive change and learning. They need to create a safe environment, communicating that it’s okay to experiment, fail fast and learn without a negative career impact. However, it’s important to also set clear boundaries around the scope of experimentation and establish realistic expectations that experimentation and innovation aren’t open-ended. Embracing this type of disciplined freedom can create openings for new perspectives and unlock significant new insights at the expense of controlled failures.</span></p> <p><span class="copy-block">Key actions for CFOs:</span></p> <ul><li><span class="copy-block">Establish clear roles and responsibilities and delegate decision rights down from the finance leadership team. Be clear about where teams have the freedom to make decisions and where they don’t.</span></li><li><span class="copy-block">Foster a culture of safe experimentation and create a “fail fast” mindset to capture and realize opportunities that a “no surprises” mindset may miss.</span></li><li><span class="copy-block">Define “failing fast” so teams understand the leeway for agility while also meeting macro performance targets.</span></li><li><span class="copy-block">Let go of the drive for perfection around problem solving and give teams sufficient autonomy to do their jobs, and sometimes not get it 100% right the first time.</span></li></ul> <h4><span class="copy-block">5. Build: quickly show how the technology will help deliver the finance vision</span></h4> <p><span class="copy-block">Combining technology with the right skills is crucial in making the transformation real. Therefore, it is unsurprising that innovative technology is often at the forefront of the finance leadership’s transformation efforts. In fact, 38% of CFOs identified the pursuit of technology and digital innovation as a key motivator for initiating transformations. That said, only two in five senior finance leaders (43%), including CFOs, identified technology as among the top three biggest challenges to delivering successful transformations.</span></p> <p><span class="copy-block">Surprisingly, even today many transformations deploy technology changes with an attitude that workers are simply expected to attend trainings, then adapt and adopt. Often there is little consideration of the end user during the design phase, or how to engage with them in a way that helps them understand the changes and provide productive feedback on further product enhancements.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="inlinefigurestrip aem-GridColumn aem-GridColumn--default--11"> <div class="inline-figure-strip" data-final-number="43%"> <div class="aem-Grid aem-Grid--12 inline-figure-strip-flex"> <div class="cmp-inline-figure-strip-wrapper"> <div class="cmp-inline-figure__label"> <span class="up-cmp-inline-figure__label-text">Technology</span> </div> <div class="cmp-inline-figure__figures" aria-hidden="true">43%</div> <div><span class="cmp-inline-figure__context">of respondents, including CFOs, identified technology as among the top three biggest challenges to delivering successful transformations.</span></div> </div> </div> </div> </div> <div class="nested-tile aem-GridColumn aem-GridColumn--default--11"><div class="content"> <div class="height-control"></div> <div class="nestedTileSec nestedTile-parsys rightAlign small"> <div id="nested-tile-container-8f8149d9e6" class="cmp-container"> <div class="link-area"> <div class="cmp-link-area cmp-link-area--regular " data-analytics-category="Link Area"> <p class="cmp-link-area__header"> How EY can help </p> <div> <ul class="cmp-link-area__regular "> <li class="cmp-link-area__item "> <div class="cmp-link-area__wrapper"> <p class="cmp-link-area__item--title"> <a data-analytics-link-click data-analytics-event-label="linkAreaHeader-EY-How EY can Help" data-analytics-action-value="Transformation EQ™ services" href="/en_gl/services/consulting/transformation-eq-services-leadership-workforce-consulting"> Transformation EQ™ services </a> </p> </div> <p class="cmp-link-area__item__paragraph">EY Transformation EQ™ services help your business implement leading practices and harness the power of your people to drive transformation success. Learn more.</p> <a class="cmp-link-area__item__readmore" href="/en_gl/services/consulting/transformation-eq-services-leadership-workforce-consulting"> Read more </a> </li> </ul> </div> </div> </div> </div> </div> <div class="richText-content cmp-text nested-tile--georgia-font"> <p>Taking an outside-in perspective of the technology design can help prevent extravagant groupthink among the project team in which creative sessions lead to overly complex requirements. Engaging the users earlier can lead to simpler processes where essential data gets captured to drive better customer, supplier and employee experiences, rather than a model in which all possible data is captured and then an overly complicated system is designed to use it.<br /> </p> <p>Finance leaders would also benefit from a product-based approach to technology design whereby users can test and provide feedback at various stages throughout development. This will improve staff engagement by allowing them to influence the design. It can also improve the ultimate success of the technology implementation as staff will have been able to experiment, learn and master the technology along the way.<br /> </p> <p>Key actions for CFOs:<br /> </p> <ul><li>Build technology solutions with the end user in mind. Determine how the technology will improve business outcomes as well as customer and employee satisfaction.</li><li>Prioritize progress over perfection. Implement the technology to help make the transformation real and prove the value of the new technology-enabled approaches early.</li><li>Identify the critical skills and capabilities. Through a combination of hiring, upskilling or reskilling, partnering and outsourcing, cultivate the right digital mindset and skillset to turn the potential value of technology into reality.</li><li>Give teams the time to get to know the technology and experiment with it during the design and build phases to help shape the configuration and deliver better outcomes.<br /> </li></ul> <h3>6. Collaborate: design for collaboration and co-create new ways of working<br /> </h3> <p>Although nearly half (48%) of finance leaders believe that processes were designed to ensure good collaboration across the business during the transformation, only 31% of employees in the finance function agreed with this. This gap is also significant when compared to other functions. It points to the wider challenge that finance workers don’t feel that leaders are seeking or valuing their input during the transformation. To increase the chances of transformation success, our research suggests that consciously creating the space for new ways of working is critical. CFOs need to break down siloed and hierarchical ways of working, and adopt a cross-discipline approach that brings in fresh perspectives and enables everyone involved in the transformation to reimagine process, ownership and empowerment.<br /> </p> <p>Key actions for CFOs:<br /> </p> <ul><li>Break down silos and foster a culture of collaboration and ingenuity. Enable and incentivize managers and their teams to be inquisitive and to collaborate with their peers. Teams are more likely to drive collaboration through process once the incentives and culture are in place.</li><li>Co-create new ways of working that empower workers to redesign and redefine their own work, both in terms of what work and behaviors need to shift and how work gets done. Consider diversity within teams, such as pairing a designer and developer with a businessperson as an observer.</li><li>Encourage teams to imagine a future where their roles will change for the better, particularly if they design out the need for interventions for re-work and overcoming existing constraints.</li><li>Identify the influencers in your organization and use them proactively to solicit constant feedback to determine how well new ways of working have been embedded, and seek their input on changes that might need making.</li><li>Design processes around the data with the intent of capturing it right the first time to enable minimal data-related interactions across processes and be more creative in how to use information to drive better interactions and outcomes.<br /> </li></ul> <h3>Transformation success comes from putting people at the center<br /> </h3> <p><span class="copy-block">CFOs are privileged to have a holistic view of the organization. They are well-positioned to set the tone in developing leading practices for each of the six levers of transformation.<br /> </span></p> <p><span class="copy-block">Today’s CFOs need to consciously invest in empowering their people and the level of engagement they have with the transformation objectives to maximize the probability of success. This includes creating a vision they can believe in and leading with a “we” not “me” approach. They focus on their people by providing the right level of emotional support to sustain engagement, as well as upskilling individuals and teams so that they can find new ways of working and incubating new ideas. Finally, they instill confidence in their ability to thrive, with the aid of digital tools and technologies that remove much of the routine drudgery that may prevent finance teams from protecting and driving value for the business. </span></p> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn--tablet-portrait--none aem-GridColumn--tablet-portrait--12 aem-GridColumn--offset--tablet-portrait--0 aem-GridColumn--mobile--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2 aem-GridColumn--mobile--12 aem-GridColumn--offset--mobile--0"><div data-cmp-data-layer="{"rich-text-298b6a5eeb":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-10-16T10:33:22Z","xdm:text":"<h4><span class=\"copy-block\">Summary</span></h4>\r\n<p><span class=\"copy-block\">By placing humans at the center, CFOs can create a transformation mindset that continuously drives value out into the future.</span></p>\r\n"}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Summary</span></h4> <p><span class="copy-block">By placing humans at the center, CFOs can create a transformation mindset that continuously drives value out into the future.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="container responsivegrid theme-dark cmp-container--theme-dark cmp-container--background-color-e2e aem-GridColumn aem-GridColumn--default--12"> <div id="container-6b153ee59f" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="up-authors-and-contributors aem-GridColumn aem-GridColumn--default--12"> <div class="up-authors-and-contributors up-authors-and-contributors--article-bottombar " data-up-analytics="authors-and-contributors" data-up-is="authors-and-contributors"> <p class="up-authors-and-contributors__title">About this article</p> <div class="up-authors-and-contributors__content"> <div class="up-authors-and-contributors__authors-and-contributors-container"> <div class="up-authors-and-contributors__authors-container"> <p class="up-authors-and-contributors__authors-title"> Authors </p> <ul class="up-authors-and-contributors__author-links"> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Ross Lacey" href="/en_gl/people/ross-lacey"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container"> Ross Lacey </div> </figure> </a> <div class="up-authors-and-contributors__author-title"> EY Global Finance Transformation Strategy and Vision Leader </div> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Frank Geelen" href="/en_gl/people/frank-geelen"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container"> Frank Geelen </div> </figure> </a> <div class="up-authors-and-contributors__author-title"> EY EMEIA Finance Consulting Leader </div> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="David Fincher" href="/en_gl/people/david-fincher"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container"> David Fincher </div> </figure> </a> <div class="up-authors-and-contributors__author-title"> EY Asia-Pacific Finance Leader </div> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Libby Hacker" href="/en_gl/people/libby-hacker"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container"> Libby Hacker </div> </figure> </a> <div class="up-authors-and-contributors__author-title"> EY Global People Consulting Finance Leader </div> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Liz Fealy" href="/en_gl/people/liz-fealy"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container"> Liz Fealy </div> </figure> </a> <div class="up-authors-and-contributors__author-title"> EY Global People Advisory Services Tax Deputy Leader </div> </li> </ul> </div> <div 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Six ways CFOs can increase the likelihood of transformation success | EY - Global