The NetSuite Podcast

The NetSuite Podcast


Office of the CFO: Glenn Hopper on the New Skills CFOs Need

January 10, 2022

Hear more from Glenn Hopper and ask your own questions during our upcoming webinar on January 12: https://bit.ly/3mWLV7Q 


Host Kendall Fisher and guest co-host Megan O’Brien, NetSuite business and finance editor, join Sandline CFO and author of “Deep Finance: Corporate Finance in the Information Age,” Glenn Hopper. After explaining his unconventional path to becoming a CFO (5:19) and how it encouraged him to write a book (8:10), Hopper discusses his current role at Sandline (11:39) and describes a typical day in his shoes (14:23). He’s currently implementing NetSuite and sees his role–as well as the role of all CFOs–evolving to include capabilities for that of a Chief Data Scientist with advanced technology like ERP (17:50). In fact, Hopper says the “new-age CFO” needs to be a strategic partner to the rest of the C-suite with a finance team that can use data analytics skills to apply across the business (21:59). However, not all companies are data savvy; many struggle to make sense of their data, a problem Hopper says technology is critical to overcoming (33:28), especially before the business hits a high-growth stage (39:12). He then defines “digital transformation” in his own words (46:20), before explaining how to get cross-organizational buy-in to make it happen (49:20). Hopper concludes by touching on the skills he’s currently working on refining (54:14).

 

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