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Fortune
Fortune
Chris Morris

The CFO’s dilemma: Fiscal responsibility vs. the cost of innovation

(Credit: Getty Images)

A chief financial officer is a company’s steward, ensuring that spending doesn’t spin out of control. But when creativity is essential at that company, it can pose a unique set of challenges.

Balancing the demands of fiscal responsibility with the creative mind—which embraces innovation—isn’t easy, especially when there are associated high costs. To successfully walk the tightrope, companies need to have departmental cooperation and managers who can live in both worlds, often spotting issues before they get to the CFO level.

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