Being the boss is becoming harder
Being the boss is getting harder every day, a new Robert Half Management Resources survey suggests. Eight in 10 (80 per cent) chief financial officers (CFOs) interviewed recently said they believe it’s more difficult to be a company leader in today’s business environment than it was five years ago.
CFOs from more than 270 Canadian companies were asked, “Do you think it’s more or less challenging to be a company leader in today’s business environment versus five years ago?” Their responses:
Significantly more challenging.... 47%
Somewhat more challenging......... 33%
No change......................... 18%
Somewhat less challenging......... 2%
Much less challenging............. 0%
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100%
“As the business environment is constantly evolving, executives are facing additional pressures every day,” said Mike Gooley, regional vice-president of Robert Half Management Resources. “There’s no question that these challenges are multiplying – watching expenses, growing the business, and keeping motivation and productivity high despite an uncertain economic environment is critical to remaining competitive.”
Gooley added, “As organizations have condensed staff levels, managers have fewer professionals to rely upon. One remedy is to hire selectively to fill personnel gaps and bring in project professionals who have the necessary experience to help them achieve company objectives.”
