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The Evolving Role of Nonprofit Financial
Leadership
Time is the scarcest resource of today's
nonprofit finance leaders.
As a nonprofit finance leader, you need to find ways to get
away from day-to-day accounting tasks and create time for
strategic executive priorities. Recent surveys show that on
average, finance leaders set a goal of spending 50% of their
time working on strategy.
Instead, 75% of their days are consumed by routine
accounting work and protecting the organization against
risks.
1
Lacking time to focus on the big picture, 34% of
executives make important decisions either reactively (9%) or
after putting it off (25%) until the decision can wait no longer.
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Introduction
1
Armanino LLP, "CFO Evolution 2.0, The Path to the Transformational CFO," October 2017.
2
PwC and The Economist Intelligence Unit, "Gut & gigabytes: Capitalizing on the art of executive decision making," September 2014.
3
Armanino LLP, "CFO Evolution 2.0, The Path to the Transformational CFO," October 2017.
81% of CFOs believe they are not keeping
up with the pace of change well enough.
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81
%
