Budget Austerity Gives Financial Managers a Chance to Shine
June 1, 2012
Defense Department leaders preparing for historic budget cuts should tap the expertise of their financial management executives, who see the current challenges as their moment to "step up to the plate and shine," stated a new survey conducted by the American Society of Military Comptrollers and Grant Thornton LLP.
The 10th annual survey, released Thursday, summarizes responses from 742 uniformed and civilian defense financial leaders and employees on their role in helping the Pentagon prepare for new military conflicts and a possible budget sequester, and adjusting to a "mind-set of less."
With top Defense leaders preoccupied with macro issues, "now is truly a time for all [financial management] professionals to assume a leadership role in meeting the challenges of significantly reduced resources in an uncertain and dangerous world," an analysis of the survey results said.