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From survival to revival: How CFOs can succeed in an upended economic landscape


Pave your path forward with stronger processes, risk controls, and financial planning

As the COVID-19 pandemic and its countless disruptions persist, many CFOs are focused on bridging the material changes to the finance function with understanding how to resiliently respond to and prepare for a continually evolving future. Now more than ever, it is especially important for CFOs to improve what they can control by reassessing policies, strategies, and workflows across the enterprise to best protect performance. Explore our resources and insights on four specific areas that CFOs should prioritize now to safeguard a path from survival to revival in our next economic normal and beyond. Plus, learn ways in which CFOs can use their unique position to respond to recent social and environmental initiatives by helping instill a culture of corporate responsibility committed to governance and social and environmental sustainability.

Featured insights


From survival to revival: How CFOs can drive success in an upended economic landscape


In the current business environment, chief financial officers can help maximize revenue, minimize costs, manage risk, and improve financial planning. Read more.

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CFO Challenge 5 Survival Revival

Advancing corporate responsibility

COVID-19, the global economic downturn, and increasing calls for social justice have prompted many organizations to review their commitment to corporate responsibility. They are revisiting their roles in the community and their policies on environmental sustainability, equality in the workplace, and social responsibility.
Their goal is to understand their current responsibility posture and how it can be enhanced to more positively impact the communities their businesses serve.
For example, some organizations are becoming involved in low-income housing development, public-private partnerships, Opportunity Zones, New Markets Tax Credits, and impact investing. Others are applying the lessons learned during the pandemic to improve their ability to operate while also supporting local communities and individuals.
As leaders of change, CFOs are in a unique position to drive these initiatives by implementing an environmental, social, and governance (ESG) framework. An ESG model helps organizations monitor the impact of diversity, equity, and inclusivity programs in their workplaces as well as among suppliers and vendors. With the right framework and enterprise-wide visibility, finance leaders can help create a culture in which commitment to social and environmental sustainability elevates a sense of responsibility among employees, customers, and investors.

Subject matter expertise

  • bates-jim
    Contact Jim Jim+Bates
    Jim Bates

    Director, CFO Advisory

  • Contact George George+Gallinger
    George Gallinger

    CIA, CFE, Principal, Risk Advisory, Global Consulting Solutions

  • Marisa Garcia
    Contact Marisa Marisa+Garcia
    Marisa Garcia

    CPA, Partner, CohnReznick Advisory

  • Bhavesh Vadhani
    Contact Bhavesh Bhavesh+Vadhani
    Bhavesh Vadhani

    CISA, CRISC, CGEIT, PMP, CDPSE, Principal, Global Leader, Cybersecurity, Technology Risk, and Privacy

  • Swami Venkat
    Contact Swami Swami+Venkat
    Swami Venkat

    CPA, CISA, CFE, ACA, Partner, CFO Advisory Leader

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This has been prepared for information purposes and general guidance only and does not constitute legal or professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.