Norman Broadbent Plc

CFO H1 Review

The first 6 months of 2019 are almost over, and we have already seen unprecedented demand for CFOs in the Industrials space. This market continues to be majorly disrupted by Brexit and economic uncertainty, particularly within Manufacturing, Construction, and Real Estate sectors; organisations continue to turn to us for subject matter experts in times of transition.

Earlier this year, we have partnered a £1B+ turnover Manufacturing business on a significant change and transformation programme, involving multiple Interim Executive hires to help support them with restructuring and refinancing whilst they change their Target Operating Model. In addition, despite economic disruption, Clients are still investing heavily in new ERP systems as finance departments aim to become leaner, reduce cost, and increase efficiencies. Popular systems like SAP and Oracle are still the systems of choice for most Clients; however, we have recently assisted two other Manufacturing Clients with the implementations of Infor M3 and Microsoft Dynamics, making Finance Transformation Directors and Programme Directors the most sought after Interim Executives placed this year.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.