CFOs Having Trouble Managing Time

Nov. 1, 2006
Multiple responsibilities are crowding schedules.

Almost half (46%) of CFOs surveyed by Robert Half Management Resources said that time management is the "greatest challenge for financial executives today." This number has increased from 36% reported five years ago.

Keeping pace with technology was the second biggest concern at 22%. In third place at 17% was staying current with accounting regulations. And 13% of those surveyed were having difficulty achieving a work life balance.

"In addition to managing core fiscal functions, many financial executives also have operational responsibilities, board activities and compliance-related duties that consume much of the day, " explains Paul McDonald, executive director of Robert Half Management Resources.

The survey consisted of 1400 CFOs from U.S. companies.

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