Can firms hedge against losing key talent? https://t.co/kHg1NjLSpG ...

Core Insights - The integration of technology in finance remains low, with only 5% of companies utilizing AI for transaction evaluation or due diligence, leading to increased costs and slower processes [1] - Mid-market CFOs are focusing on execution and discipline rather than aggressive growth, with nearly half (49%) prioritizing M&A or strategic partnerships for growth by 2025, yet facing delays due to market volatility [2][4] - There is a significant lack of integration between governance, risk, and finance systems, with only 4% reporting full integration, which complicates transaction readiness [2][7] Technology and Readiness - The Diligent Institute report highlights that CFOs are redefining readiness for major transactions, emphasizing the importance of AI-assisted forecasting and workflow automation [8][20] - Despite the slow adoption of AI, CFOs view it as a performance tool rather than a standalone project, prioritizing human judgment and soft skills for 2026 [19][20] - Governance and talent readiness are critical challenges, with 42% of executives indicating a need for clearer internal roles and 40% lacking experienced personnel in M&A [7] Talent and Compensation - The talent landscape is concerning, with 52% of organizations rating their succession strength as moderate or weak, and only 15% confident in their next generation of finance leaders [12] - Compensation strategies are evolving, with over half of CFOs earning between $250,000 and $500,000, and a growing number receiving equity or stock options to align incentives [13][14] - CFOs are reframing benefits to attract and retain talent, signaling a strategic approach to employee value [15] Market Dynamics - There is a notable shift away from the Big Four accounting firms, as mid-market CFOs seek independent partners, with many feeling that larger firms have become less responsive [10][9] - Recent consolidation in the accounting sector is limiting options for mid-market finance leaders, making it harder to find reliable audit and tax partners [10] - The CFO role is expanding, requiring a balance of operational and strategic skills to navigate uncertainty and connect workforce strategy to financial outcomes [20][17]

Talent Retention - Goldman Sachs plans to regularly assess junior bankers' loyalty to curb poaching by talent-hungry buyout firms [1]