Proceeding With Caution
Survey: CFOs Keeping an Eye on Costs While Preparing for Growth
MENLO PARK, Calif., April 4, 2013
MENLO PARK, Calif., April 4, 2013 /PRNewswire/ --While cost control remains
the primary focus for many financial executives, others also are looking
toward expanding their businesses, new research finds. Nearly two-thirds (65
percent) of chief financial officers (CFOs) interviewed for a Robert Half
Management Resources survey cited managing spending as a high priority in
2013, but close behind was business expansion, reported as a main objective by
52 percent of respondents.
View the full research findings.
The survey was developed by Robert Half Management Resources, the world's
premier provider of senior-level finance, accounting and business systems
professionals on a project and interim basis. It was conducted by an
independent research firm and is based on interviews with more than 1,400 CFOs
across the United States.
"Executives are essentially looking both ways before they cross the street,"
said Paul McDonald, Robert Half senior executive director. "They recognize the
importance of continuing to carefully manage costs but also are beginning to
explore opportunities to grow the business and boost profits as economic
McDonald added that to accomplish their objectives, organizations will need to
have the right staff in place. "As the job market improves and recruiting
challenges persist, finding and retaining top performers are likely to become
even greater concerns. One way firms can strengthen their teams and help their
employees is by bringing in interim and project professionals to manage
workload peaks and critical initiatives," he said.
About the Survey
The national study was developed by Robert Half Management Resources. It was
conducted by an independent research firm and is based on more than 1,400
telephone interviews with CFOs from a random sample of U.S. companies with 20
or more employees. For the study to be statistically representative and ensure
that companies from all segments are represented, the sample was stratified by
geographic region and number of employees. The results were then weighted to
reflect the proper proportion of employees within each region.
About Robert Half Management Resources
Robert Half Management Resources is the premier provider of senior-level
finance, accounting and business systems professionals to supplement
companies' project and interim staffing needs. The company has locations
worldwide and offers online job search services at roberthalfmr.com. Follow
Robert Half Management Resources at twitter.com/roberthalfmr for workplace
SOURCE Robert Half Management Resources
Contact: Michael Weiss, +1-650-234-6383, firstname.lastname@example.org
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