FEI Daily - May 4, 2017
What does it take for a company to move from good to great?
Excellent leadership, superior products, quality customers may come to mind. One element that likely does not come to mind is capital expenditure planning, yet companies who are proficient at deploying capital can increase future profits and return on investment for their shareholders. This makes CapEx planning an important catalyst for growth and tool for moving a company from good to great.
CFOs play an important role in determining the company’s return on investment capital. CFOs are major stakeholders in the capital-expenditure process. They understand the company’s strategy and capital project requirements, and balance sheet and cash flow constraints.Continue Reading Article