A new CFO helps bring a coordinated effort to a company that is scrambling to recapture value lost during the pandemic.
A new CFO helps bring a coordinated effort to a company that is scrambling to recapture value lost during the pandemic.
Books Inc. publishes creative works for a specialty niche with a unique company culture. They needed a new CFO to help the regrowth of the company, supporting the new CEO with various strategic initiatives, including a very acquisitive strategy. The company was also preparing to undergo the largest digital transformation project in company history and needed a finance leader with experience managing such complex projects.
The most important quality in a potential CFO was their fit with the company culture. Finding a candidate who shared the company’s vision of the future was imperative, helping maintain alignment with company values and mission.
The company engaged McCracken for Talent Placement services to help identify a new CFO. McCracken first met with the company to establish the critical competencies and behavioral characteristics needed in a suitable candidate. Using this information, McCracken created a Qualified Candidate Profile (QCP) to help match the business with candidates most aligned with the company’s needs.
Ultimately the company hired one of the candidates McCracken presented and is on track to recapture the value lost since the pandemic. McCracken helped the company organize thoughts around leadership and is developing a team-wide program in finance to foster continued growth in the organization.
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