It’s often said that our differences make us stronger, but amongst successful CFOs there are five common traits we repeatedly see that really set them apart and inspire confidence in their abilities and leadership.
Being able to identify, develop and clearly express these qualities will help improve your value to an organisation.
So what are the key traits of a successful CFO?
Self awareness
Successful CFOs are crystal clear about their unique strengths, capabilities and ares for development. Heightened awareness allows for better management of self and others. Clarity of thought leads to focused growth.
Emotional intelligence (EQ)
A high level of technical skill is a given at this level. What really sets a successful CFO apart is their ability to communicate, empathise and build deep relationships. By appreciating diversity and understanding what motivates others, CFOs can improve cooperation across the leadership team and the organisation as a whole.
“An empathetic leader instils confidence within their organisation and community, partly because there is less focus on self-promotion and more emphasis on creating the environment for people to succeed.” – Stephen Moir
Successful CFOs are not out to prove themselves, they are out to improve themselves. They are curious people who remain open to new concepts and experiences. A growth mindset allows them to innovate, connect the dots and stay ahead of the key drivers in their space.
Ability to execute
Critical to their role, they successfully execute, engage stakeholders and deliver results. Chief Financial Officers succeed when they employ tenacity and discipline to manage diverse priorities. They recognise that this can require a balancing act between progress and perfection.
Technical capability
Big Data, Artificial Intelligence, Privacy… Chief Financial Officers need to have a good grasp of the latest technologies to really add value. Successful CFOs capitalise on the AI revolution and translate numbers into insights that drive organisational growth.
When considering these 5 traits of successful CFOs, it’s important to reflect on how you demonstrate these traits. Incorporate examples that highlight these skills in discussions with prospective employers. A personal development plan can help aspiring CFOs to develop these five important traits within themselves.
“You have to apply yourself each day to becoming a little better. By becoming a little better each and every day, over a period of time, you will become a lot better.” – John Wooden
We’re here to help you as a senior finance leader. We provide a dedicated executive search service for the recruitment of CFOs, along with coaching and tailored CFO events. Get in touch with us today if you’d like to learn more.
















