
Standard Life – Transforming Business Decision Support
Case Study
Context
Standard Life UK established a Business Decision Support organisation (finance business partnering) a couple of years ago. It’s been successful at delivering a higher business performance, with an initial focus on managing costs.
Client Question
What’s the opportunity to make a step-change in the value we add to our business, with a focus on delivering our ambitious growth plans? And how should we go about it?
How we helped our client
- Worked with the business leadership teams to identify the value-adding opportunities for Finance, through structured interviews and workshops
- Prioritised the most valuable business decisions and strategic business opportunities with the business leadership teams
- Identified gaps in skills and capabilities in Finance; and re-defined roles, skills and organisation to close the gaps
- Identified improvement opportunities ranging from a new approach to driving business decision-making to re-prioritising how Finance spend their time
- Developed a clear roadmap for transforming finance business partnering
- Coached and trained the Finance teams to mobilise and implement the changes, and deliver the business value benefits.
In very quick order Arcus has taken us much further than I expected. They started with one business area and how to up-skill the team.
Arcus bring a lot of practical tools in their kitbag to help with managing change as well as helping us to focus on the most valuable priorities for business partnering.
Arcus bring a lot of practical tools in their kitbag to help with managing change as well as helping us to focus on the most valuable priorities for business partnering.