Future CFOs must anticipate change, embrace AI: Special Chief Secretary to CM Ramakrishna Rao
Telangana's Special Chief Secretary K. Ramakrishna Rao addressed the CII CFO Conclave, emphasizing that future finance leaders must shift from process management to strategic leadership. He highlighted the necessity of adopting AI and data-driven decision-making to navigate economic uncertainty and achieve long-term growth.
Why it matters
As AI transforms corporate operations, the evolving role of the CFO is critical for organizational survival and economic development in emerging markets.
Special Chief Secretary to Telangana Chief Minister K. Ramakrishna Rao on Friday opined that chief financial officers (CFOs) of the future should anticipate change rather than merely respond to it
Mr. Rao was speaking at the eighth edition of the Confederation of Indian Industry (CII) Telangana CFO Conclave in Hyderabad, where he encouraged business leaders to evolve from process managers to strategic leaders. “Machines will always do the arithmetic, the question is whether we will do the thinking,” he said, even as he underscored judgment, foresight, AI adoption, and talent development as the foundations of future-ready enterprises. He also highlighted Telangana’s growth from a ₹60,000-crore Budget to ₹2.4 lakh crore and said the State aspired to become a $3-trillion economy by 2047.
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