1 month ago
CFOs Must Shift from Reporting to Strategic Thinking
A big meeting in Hyderabad brought together top finance people and government officials.
They talked about how the job of a CFO is changing.
Instead of just keeping track of numbers, CFOs now need to think about the future and use computers to help make smart decisions.
The meeting also mentioned that Telangana is growing fast and wants to become a huge economy.
The leaders said that learning new skills and using technology will help companies stay strong and grow.
The 8th CII Telangana CFO Conclave gathered finance leaders, policymakers, and industry experts to discuss the evolving CFO role amid AI and disruption.
Chief Guest K Ramakrishna Rao urged CFOs to move from reporting to strategic thinking, using AI, foresight, and talent development to prepare for change.
Speakers emphasized balancing short‑term performance with long‑term value, embracing sustainability, compliance, and continuous learning.
The conclave highlighted that technology provides data, but competitive advantage comes from turning insights into action and long‑term value.
Telangana’s growth from a ₹60,000 crore budget to ₹2.4 lakh crore and its goal of a US$3 trillion economy by 2047 were cited as context for the need for future‑ready finance leadership.
- Who
- CFOs, finance leaders, policymakers, industry experts
- What
- Discussion on the evolving role of CFOs amid AI and disruption
- Where
- Hyderabad, Telangana, India
- When
- 8th Edition of the CII Telangana CFO Conclave
- Why
- To explore how CFOs must use AI, foresight, and strategic thinking to drive growth and resilience
Key facts
- Event
- 8th Edition of the CII Telangana CFO Conclave
- Location
- Hyderabad, Telangana, India
- Chief Guest
- K Ramakrishna Rao
- Theme
- Evolving CFO role in AI era
- Key Focus
- AI-driven finance, strategic leadership, digital transformation
Quotes
K. Ramakrishna Rao
IAS Advisor to the Government of Telangana and former Special Chief Secretary to the Chief Minister
“Machines will always do the arithmetic; the question is whether we will do the thinking”
deccanchronicle.com
“Don’t look in the rear‑view mirror while driving your business—look ahead”
deccanchronicle.com
M. V. Narasimham
Convenor of CII Telangana Finance & Taxation Panel and CFO of Dr. Reddy’s Laboratories Ltd
“The future‑ready CFO is no longer just expected to protect the business, but to position it for what comes next”
deccanchronicle.com
Sources
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