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The third key step hat CFOs can take to reduce the impact of such external crises is that CFOs should commit to life-long learning and development to ensure their strategies remain relevant to the current business landscape. In a randomised study with colleagues from the Stockholm School of Economics and RSM, we found that, in Mozambique, managers who received training in finance changed their practices as a result. They optimised short-term financial planning, including their working capital management, which plausibly alleviated existing financial constraints, resulting in higher investment.

 

Participants
  • Rotterdam School of Management, Erasmus University
    Role: General
    Reference type: Referenced
Media Outlets
  • Financial Times (Online)