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Staying in the Game
CFOs Say Benefit of Consulting is Staying Active Professionally

August 2010 (SmartPros) They may be ready to hand over the keys to the company car, but they aren't ready to hit the links full time.



For this group, a career in consulting can hold appeal, suggests a Robert Half Management Resources survey. More than one in four (26 percent) chief financial officers (CFOs) surveyed said the security of remaining actively employed was the number-one reason they’d consider consulting. This top response was followed by flexible schedules (21 percent) and the variety and challenge of consulting work (20 percent).
 
The survey was developed by Robert Half Management Resources, the world’s premier provider of senior-level accounting and finance professionals on a project and interim basis. It was conducted by an independent research firm and includes responses from 1,400 CFOs from a stratified random sample of U.S. companies with 20 or more employees
 
CFOs were asked, “Which of the following is the most attractive aspect of a career in consulting?” Their responses:
 
Active employment...................................................... 26%
Flexible schedule......................................................... 21%
Variety and challenge of work...................................... 20%
Attractive compensation.............................................. 18%
Ability to make decisions more autonomously.................... 10%
All of the above........................................................... 2%
None of the above....................................................... 2%
Don’t know/no answer................................................ 1%
100%
 
“The leadership experience and extensive business knowledge CFOs possess can make them high-demand consultants, particularly for start-ups or newly listed companies seeking guidance,” said Paul McDonald, executive director of Robert Half Management Resources. “As organizations continue to look for ways to increase efficiencies and many resume projects put on hold during leaner times, they are finding it cost-effective to engage tenured accounting and finance executives on a project basis.”
 
McDonald added, “Consulting enables experienced professionals to maintain many of the benefits of working full time, including challenging assignments, attractive compensation and intellectual stimulation but with the added advantage of greater flexibility.”

2010 SmartPros Ltd. All rights reserved.

Source: Robert Half

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