BU491 Chapter Notes - Chapter 7: Chief Financial Officer
Document Summary
The challenge of developing global efficiency and competitiveness requires that management capture the various scale and scope economies available to the mne, as well as capitalize on the potential competitive advantages inherent in its worldwide market positioning. There are three key roles that fall to a key manager: An architect of worldwide asset and resource configuration. Only a manager with a worldwide perspective and responsibility can assess the strategic position and capability of a given business. Companies must configure their information, planning and control systems so that they can be consolidated into consistent, integrated, global business reports. The business strategy that is developed must fit within the broader corporate strategy which should provide a clear vision of what the company wants to be and explicit values pertaining to how it will accomplish its mission. The ideal career path for a global business strategist would probably involve some experience as a country manager.
