Over the last 20 years the remit of the CFO has transformed from that of a scorekeeper/cost controller to one of a value creator. Coupled with the continued volatility of the context organisations now operate in (think Global Financial Crisis (GFC), COVID-19 pandemic, corporate frauds, industry disruption, technological advancements and the increasing importance of ESG factors) the CFO now needs to wear more hats than ever.
Despite the many years of success and climbing up the corporate ladder, very quickly they start to ask themselves the questions: 'What am I doing? Why am I working so hard? This isn't satisfying - I do more and more work, and I'm not sure it really makes a difference...how am I making a difference?' This thought pattern is extremely common and commences the feelings of self-doubt and deterioration of self-confidence that is all too common for female leaders in finance.