?? Real-World Learning for Young Professionals Working as an interim CFO offers incredible opportunities to dive deep into complex, strategic challenges. At Newstream Advisory, young colleagues like Xaver Karacsony working alongside an experienced partner gain first-hand exposure to scenarios like these.?????? They develop a unique blend of business acumen and strategic thinking early in their careers. If you’re eager to learn, grow, and contribute to meaningful projects, there’s no better time to join a #boutiqueadvisory team that values your potential and empowers you to make a difference! ??
?? The Strategic Role of an Interim CFO: Partnering for Success in Complex Industries ?? ?? From a list of 24 #keylessons for CFOs, one stands out in this engagement: ?? “Your role is strategic, not just operational” (#6) ?? We recently partnered as interim CFOs with a specialized wholesale/retail company operating in a niche sector. In this business, salespeople must have deep professional knowledge to successfully convince clients, supported by a personalized discount system tailored to specific buyers. Given the complexity of the sector, it was clear that addressing profitability required a deep dive into the sales process, incentive system and organizational culture. ?? Our focus included: ? Investigating the sales process to understand how knowledge-sharing, sales techniques, and discount systems influenced margins. ? Benchmark the discount systems and profitability of the close competitors. ? Using business logic to uncover actionable insights and recommend practical changes that would boost profitability. ?? This engagement highlights the importance of viewing the CFO role as strategic—bridging financial insights with operational realities to drive results. While we are not sales or HR professionals, applying business logic is crucial to improving outcomes across all areas. ?? If your company is navigating similar challenges, let’s explore how we can work together to address them strategically and unlock your full potential. #interimcfo #journey