For CFOs, isolated decision making is a strategy of the past.
Laurie Beyer, CFO of Greater Baltimore Medical Center, has over 25 years of experience in finance and healthcare. She knows what goes into successful operational strategies, itβs close-knit collaborations that CFOs need to be a present for. Being in tune with the strategy of the organization and everyone involved in it helps CFOs make the most informed decisions and deploy resources where necessary.
"Early in my career when I didn't really know what it would take to be a CFO, there was a tendency to want to make decisions in isolation," she says. "But over the years, I've learned that you need to be part of the strategy group and just make sure that you're in tune with the strategy so that you can actually help with deployment of resources."
Check out what she had to say in this quick clip or dive into the full interview here.
Marie DeFreitas is the CFO editor for HealthLeaders.