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CHG-Meridian CFO: Building a data-first company culture
Yahoo Finance· 2026-03-11 14:50
Core Insights - The role of CFOs is evolving due to advancements in technology, particularly artificial intelligence, positioning them as strategic partners to CEOs rather than just number crunchers [2] - Data governance and quality are critical for CFOs to effectively steer their businesses, as emphasized by CHG-Meridian CFO Ulrich Bergmann [3][6] Group 1: Data Governance and Culture - Establishing a data culture is a significant challenge for CHG-Meridian, which operates in over 32 countries and has a family-oriented, entrepreneurial approach that may deprioritize data processes [4] - The focus on data quality and governance is essential, with the need for data experts in every country to ensure high standards [7] Group 2: Tools and Forecasting - CFOs are increasingly expected to provide better insights and quicker responses, utilizing tools like Microsoft's Fabric for dynamic forecasting and scenario analysis [6] - The integration of automated tools allows CFOs to create rolling forecasts, enhancing the ability to analyze profit trends over time [6]