Digital economy redefining CFO roles

The world has gone digital. Music is now digital, and books are trending toward eBooks. GPS devices are disappearing—owing to the smartphone; newspapers are now “old news”; and smartphones are now cameras. Businesses and societies on a whole are interacting in ways never before imagined. This hyperconnectivity is reinventing the world economy, leading to a new Digital Economy. This new economy is more collaborative, intelligent, responsive, and efficient with dramatic increases in productivity and value for those ready to embrace it.

With a shift as fundamental as this, organizations must remain agile and innovative to remain relevant. Specifically, what does this mean to the CFO?