Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does finance take some ownership in building that enterprise-wide acumen?

0
Posted

Does finance take some ownership in building that enterprise-wide acumen?

0

Very much so – within the finance organization and across the board. It’s critical that you enable the decisions within the business not to reside just at a corporate level, but to really spread and have the right decision-making and accountability at various levels of the organization. Again, our cross-functional/cross-business councils and boards have allowed us to really scale. Over the last couple of years, the cross functional councils and boards have enabled us to leverage our talent and disseminate decision-making responsibilities throughout the company. Having the right talent around those councils and boards with the right business acumen and capabilities to be able to make those decisions is critically important in achieving execution excellence. Finance plays a key role being part of those councils. These councils and boards have engineers, sales personnel, marketing personnel, supply chain management, operations and finance, really kind of small business groups that are mak

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123