Gary McGaghey
Gary McGaghey
There are various ways to become a CFO, but one of the most efficient ways is by becoming a Strategist. While more senior in the company’s hierarchy, strategists analyze different options and make decisions that ultimately shape their company’s future. While many people will start from the bottom as a generalist CFO, you can utilize your expertise and gain strategies and experience to become a strategist within an organization. To achieve this experience, you should focus on analytics, risk management, and business finance topics.
Gary McGaghey has delivered over 30 years of strategic financial leadership to the world’s leading companies. He has over 25 years of experience in financial performance improvement, strategic planning and innovative change management and is an expert on global metrics and reporting systems. He has particularly focused on how companies can use data to improve their business, generate new ideas, develop leaders and build brands. In 2019, he joined Williams Lea Tag as President of Global CFO Solutions.
Read on to find out more about Gary McGaghey at https://www.crunchbase.com/person/gary-mcgaghey
- Leading the execution of the Strategy
Strategists lead the execution of the strategy with the company’s stakeholders to identify, measure, and implement their systems. While strategists will not always be involved in day-to-day operations, they are always interested in strategy development and implementation. Strategists evaluate available information to make strategic decisions that impact a company’s financial performance.
- Making Choices That Inform the Strategy Process
These choices include deciding what business lines and assets to support, how best to allocate or repurpose resources, and which assets should be divested. Strategists also look for new business opportunities and regions outside their companies’ footprints that could provide better value for overall financial performance.
Becoming a strategist is a unique and valuable experience. You’ll have the opportunity to work on improving your company’s business strategy and play an active role in facilitating its implementation. They are presented with new opportunities for training, promotion, and compensation, so gaining this experience will add value to your long-term career growth.