A CFO's leadership style influences his or her decisionsabout technology investments, according to a study by EpicorSoftware. The study's data suggest that smart decisions abouttechnology also support a company's profitability.
Epicor surveyed more than 1,500 CFOs of manufacturing,distribution, and retail companies—the industries for which itprovides ERP systems. Based on their replies, it divided CFOs intosix different leadership types: Carers, Conductors, Politicians,Revolutionaries, Traditionalists, and Visionaries.
Traditionalists are the CFOs who are least likely to see theneed to invest more in the company's technology systems. Only 14%of Traditionalists in the survey said their systems should beupdated, versus 32% of CFOs overall.
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Susan Kelly
Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.
