Survey Shows More Than One-Third of CFOs See Playing Golf as Career Plus

MENLO PARK, CA -- The links lure some executives for more than just the sport of the game. In a recent survey of chief financial officers (CFOs), one out of three respondents -- 36 percent -- said playing golf is good for a career in business.

The survey was developed by RHI Management Resources, North America's largest consulting services firm providing senior-level accounting and finance professionals on a project basis. It was conducted by an independent research firm and includes responses from 1,400 CFOs from a stratified random sample of U.S. companies with more than 20 employees.

CFOs were asked, "How important do you feel it is for business professionals to play golf in order to enhance their careers?" Their responses:

Very important 6%
Somewhat important           30%
Somewhat unimportant 18%
Not at all important 45%
Don't know/no answer   1%

"Career success depends largely on an individual's professional abilities, but networking and involvement in social activities -- like playing golf -- can help build stronger business relationships and provide a valuable forum for informal meetings with colleagues," said Paul McDonald, executive director of RHI Management Resources.

In a survey released by Robert Half International in 2000, nearly one in 10 financial executives said they had landed a successful business deal on the golf course.

RHI Management Resources has more than 100 offices in major cities throughout North America, Europe and Australia, and offers online job search services at www.rhimr.com.



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