The developments described above directly affect the role image and requirements profile of controllers. In the best case, controllers of the future will have a profound understanding of business processes, product lifecycles and agile development methods, turning them into their companies’ innovation and change drivers. Their task will be answering the “so what” question that results from the mountains of information, and to derive implications for the business. This requires the ability to draw relevant information out of the continuously growing amount of available data. It requires the skills of a data scientist when it comes to statistical procedures such as data mining, big data, data modelling and programming algorithms.
As business partners, controllers will then be in a position to derive proactive impulses and concrete action recommendations for management as well as preparing decisions. For CFOs, the new role understanding also leads to a key role as drivers of digitalisation in companies.