| | OCTOBER 20234 At the Bank of America Securities Media, Communications & Entertainment Conference, Warner Bros Discovery's CFO Gunnar Wiedenfels recently made a remark that shows how the role of CFOs has changed over the past few years. He said: "The streaming industry has been underpricing its quality content for a long time, and that is now being fixed." This implies that modern-day CFOs are not just managing finances but also driving growth for their respective organizations. Today, CFOs have to balance growth and profitability, as investors expect both. This means they have to be more than just finance managers but also growth enablers. They have to work with other leaders, redesign work processes, and leverage technology--ensuring better coordination with all other functional departments. They have to create business strategies that produce quick and lasting results that show up in the P&L statements.Digitalization is not a one-off project but a way of running a business. CFOs have to make sure they get real benefits and returns from investing in digital technology. Many of these technologies, some still in the early stages, are already making a big difference. The challenge for the automotive CFOs is to take the risk and embrace them. They also need team members who have not only accounting, auditing, and compliance skills but also data visualization, flexible thinking, good communication, and, most importantly, business acumen. This special issue is dedicated to the outstanding CFOs in Indonesia.Sujith VasudevanManaging Editoreditor@ceoinsightsasia.comEditorialModern-day CFOs Redefine Themselves Vol 04 · Issue 8-5 ·OCTOBER, 2023 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N Ray Noida Rohit Raghubanshi Akshay Shettyadvertise@ceoinsightsasia.comEditorial queries editor@ceoinsightsasia.comTo subscribeVisit www.ceoinsightsasia.com/subscribe/ or send emailto subscription@ceoinsightsasia.comMagazine Price is $50 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technologies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Visualizers Surbhi SumanVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Hima P M Keerthana Kantharaj Roopalatha H Tejaswini P
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