Welcome to The Future Office of the CFO and an exclusive series called Cloud Wars CFO led by Bob Evans, founder of Cloud Wars.
This series will examine how organizations in the competitive cloud arena are changing what it means to be a CFO in the modern world.
“The modern CFO needs to take a bigger, broader look — not only as the company’s financial expert. From being involved with all facets of the company’s operation, they’re now charting a course strategically into a different dynamic and potentially high growth future”
– Bob Evans, Founder of Cloud Wars
Highlights:
0:50 – Kicking off Bob’s first of his Cloud Wars CFO Series is a look at a Salesforce “Superstar” – Amy Weaver, Salesforce’s President and CFO. Within the past year, she evolved her role from the president and chief legal offer to now Chief Financial Officer. This is a rare career step, giving her a unique company view.
Salesforce Q2 Earning Call – Standout Moments
01:26 – Marc Benioff discussed Salesforce’s powerful new operating model. However, Amy Weaver positioned that beyond simply a different operating model is the need for CFOs to consider a different operating mindset. As a major part of their responsibilities, CFOs must not only deal with change but also drive change constantly.
01:57 – When building a company, focus on the durability of every element, including its processes, operations, goals, and outcomes. Salesforce exemplifies this on their path to earn $50B by fiscal 2026.
02:19 – “Discipline is Durable” to becoming a high-achieving company. Not only does Salesforce want to achieve this fiscal 2026 goal, but also to push past that $50B goal.
5 Key Factors to SalesForce’s Momentum
- Virtual Go to Market Motion
- All-Digital Sales Enablement
- A New Emphasis on Financial Automation
- Disciplined Decision Making
- Work From Anywhere
02:44 – As Salesforce’s revenue is growing, their margins are also rising. Amy shared 5 key factors that she believes contribute to Salesforce’s momentum.
Discover more insights for your modern business: podcasts, reports, articles and more at The Future Office of the CFO channel.
