A CFO and a Strategy Officer Walk Into a Meeting... ClearPoint Strategy Founders Series

A Chief Financial Officer and a Strategy Officer walk into a meeting.

The CFO says, “Let’s talk growth.”

The Strategy Officer says, “Great—what’s the goal?”

The CFO says, “More.”

The Strategy Officer replies, “Perfect, I’ll just add that to our strategy map right under ‘Hopes and Dreams.’”

It’s a joke—but one rooted in truth. In many organizations, strategy and finance operate like they’re in the same meeting, but about two different things. They’re both focused on performance, but what that means, and how to get there, can be radically different. And if those two perspectives aren’t aligned, the organization ends up confused, inefficient, and ultimately, off-track.

Projects are where strategy happens. But if teams aren’t in agreement, what’s the point? You’ll either wish you had done things differently from the start, or worse, the work will be for nothing. If projects are counterproductive at their core, forget about trying to manage them.

Two Views of Performance

I’ve worked with dozens of companies where the CFO and Strategy Officer are both highly capable, well-intentioned leaders, but they approach performance from opposite ends of the spectrum.

The CFO is focused on precision and protection. They’re thinking about cash flow, margins, return on investment, and risk. The Strategy Officer, on the other hand, is focused on long-term growth and transformation. They’re measuring success by how well the organization is moving toward its vision: how aligned, forward-looking, and innovative the teams are.

Both views are critical. But too often, they remain siloed.

If Misalignment Hits the Front Lines

This disconnect doesn’t stay in the C-suite—it shows up everywhere.

Not long ago, I was working with a client where the strategy team encouraged a department to propose bold, forward-looking projects. They were asked to think big—contribute to long-term goals, even if the payoff was a few years out. The department was energized and got to work drafting innovative proposals.

The very next day, the finance team showed up with a completely different message: tighten the belt. Reduce spending. No new initiatives unless there was an immediate ROI.

That department felt caught in the middle. Disenfranchised. Like upper management wasn’t communicating—or worse, didn’t even believe in the strategy. The mixed messages undermined both teams’ credibility and left the staff paralyzed.

This isn’t an isolated case. It happens all the time, especially when budget and strategy processes run on separate tracks.

Free eBook: Linking Budget to Strategy

Alignment Really Looks Like:

True alignment between strategy and finance doesn’t happen in one meeting. It’s an iterative and intentional process.

Here’s how I’ve seen it work best:

• Leadership sets the strategic vision (what the firm is trying to accomplish over the next 1, 3, or 5 years).
• Finance builds a high-level framework (how much to spend, revenue targets, and margin expectations).
• Departments respond with plans that tie financial requests to strategic outcomes.
• Then comes the negotiation: How much strategy can we realistically fund? What should we prioritize? Where can we adjust?

It’s not a tug-of-war—it’s a conversation. One that leads to smarter decisions and more grounded plans.

How To Bring Finance and Strategy Together

This is exactly the kind of alignment we designed ClearPoint Strategy to support. Our software platform helps businesses plan, manage, and execute their strategies, plus report on results, but our digital alignment tools help track performance every step of the way. Here’s what should be in anyone’s alignment toolkit:

One Shared View

Everyone—finance, strategy, operations—should be able to access the same information, context, and performance insights. Once you bring strategy and finance together in the same platform, you stop having parallel conversations and start moving forward as one team.

Linkages

Imagine being able to link every dollar of project spending to a strategic metric or objective. You’re not just tracking costs, you’re showing how you’re investing in outcomes.

Visualize the ROI—defend your budget and secure your funding!

Approvals

Initiatives must be proposed, reviewed, and approved through a process that ensures they support the broader plan—not just fit within a budget. With a software solution, approvals are worked into your everyday workflows. Manage approval processes while connecting the same initiatives to your broader strategic goals. Win-Win!

Dashboards

Dashboards allow teams to regularly review integrated financial and strategic data side by side, making it easier to adapt strategy to financial realities in real time. Customizable reports let you present the most important information to specific stakeholders, displaying data in a way that actually inspires action.

One Vision, One Plan, One Team

A CFO and a Strategy Officer walk into a meeting. That’s not the setup to a joke—it’s the start of a successful strategy.

Because when those two leaders are aligned, guiding decisions together, you don’t just balance long-term goals with short-term realities. You unlock the full potential of both.

Struggling with project and performance management? Streamline it with software. Schedule a free demo with one of our strategy experts to see how ClearPoint can help.