Elizabeth Salomon, the CFO at Xactly Corp discusses navigating through crises, using data to obtain new insights and methods of testing them. She also gives a glimpse of how today's CFO role would change into something else tomorrow.
Elizabeth Salomon - Crisis Management and Business Growth
Joining Vikram on the show today is Elizabeth Salomon, Chief Financial Officer at Xactly Corp. Having chosen finance as her career early on, Elizabeth worked with Ernst and Young, was nominated for the post of Accounting Fellow at the Office of the Comptroller of the Currency (OCC), and went on to hold finance leadership roles in the technology industry. Elizabeth has been a CFO at software companies for the past 12 years, and has led multiple merger and acquisition turnarounds, launched multi-unit auditing programs, and driven performance improvement initiatives.
In today’s episode, Elizabeth discusses navigating through a crisis and stresses the importance of maintaining the fine line between cutting down on expenses and making new investments. She also discusses how data can be used to obtain new insights, taking risks, writing down scenarios, as well as making assumptions and testing whether the assumptions were correct. Elizabeth ends by discussing how a CFO’s role may intertwine with other roles in the future. A true leader in her field, Elizabeth Salomon has a great deal of experience, knowledge, and wisdom to share with listeners here today.
The Finer Details of This Episode:
The impact of COVID-19 on Elizabeth’s business
The importance of data for an organization
Why CFOs need to think about creating a talent strategy
The dynamic role of a CFO
Why it is crucial to measure the performance of business activities
How the CFO role may merge with the CEO and the CIO roles
