I’ve had the misfortune of working in companies with penny-wise and pound foolish CFOs. Laser focused on the cost of snacks, or minutia like FedEx bills for sin

I’ve had the misfortune of working in companies with penny-wise and pound foolish CFOs. Laser focused on the cost of snacks, or minutia like FedEx bills for single packages (and don’t delegate such investigations properly) while completely glossing over cost overruns that are orders of magnitude larger than the snack bill, because they are the pet project of someone “important“. It is indeed strange that an article of this age points to such a common pattern where companies grow in size, yet lose perspective on the big picture. I’m certain there are finance people who understand the role is not to universally say no to small quality of life expenses, but I have not had the opportunity to work with one.