Assessing risks and setting a clear course are still the most important skills for leaders, along with a focus on cash visibility, according to senior finance executives responding to Treasury & Risk's 2010 Financial Leadership Survey. The crisis, they say, increased their attention to working capital management (40%), monitoring bank relationships (20%), forecasting cash flow (15%) and studying regulations (12%). About 16% see regulatory compliance as their biggest challenge, up from 12% last year, while just 8% cite obtaining funding during a credit crisis, down from 14% last year.
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