How should the finance organisation be supporting a commitment to business analytics?
As a finance executive engaged in F&A transformation, you should be on the frontlines every day, to explain the business model, the strategy you are following, to show the value-based management and the evaluating of scenarios. How can finance leaders contribute to F&A transformation? The more important issue to consider is that leadership is not about what you personally accomplish; it’s about what the team accomplishes. That’s the collective dimension. It’s about bringing together talented people and building them into a team that’s more than the sum of its parts. That’s partly about talent. But large organisations have a range of levels of talent, so leadership is also about bringing out the best in everyone. No matter the level, everyone is encouraged to believe they can make a difference and given opportunities to contribute meaningfully. IS F&A TRANSFORMATION EFFECTIVE? F&A shared services For all the interest in shared services, there is still little available benchmark informat