Breaking the glass ceiling
New ways finance can leverage core strengths and add strategic value
The role of finance has evolved beyond its traditional roots of regulatory reporting, cost savings and process efficiencies.
“Glass ceiling” typically refers to barriers for women in the workplace. But a similar perception of the finance organization has been exposed when talking about the strategic decision-making processes of corporations.
Our recent study shows that 79% of senior business decision makers acknowledge that the finance function has become much more strategically involved in the last five years.
However, when asked whether they wanted finance to play a bigger role, only 47% of senior business decision makers said yes. A full 40% of those senior business decision makers do not want to see a change, and 13% want Finance to be somewhat or much less involved.
Does this mean there’s a finance glass ceiling?
Our series, 5: insights for executives, explores the questions:
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| The answers in the issue are supplied by: |
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 | Anne C. Ilsemann
Partner - Americas Advisory
Ernst & Young LLP
+1 212 773 7129 |  | Thomas G. Cucuzza
Americas Advisory Finance Competency Leader
Ernst & Young LLP
+1 212 773 7129 |
|
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- Anne C. Ilsemann
Partner — Americas Advisory
Ernst & Young LLP
+1 212 773 7129
- Thomas G. Cucuzza
Americas Advisory Finance Competency Leader
Ernst & Young LLP
+1 248 797 5078
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