Finance should drive decisions, not just provide insight
What really is the purpose of Finance business partnering? I’ve been testing this question in recent months by asking all the CFOs and FDs I meet through our consulting work. The most common answer I get is “To provide ‘Insight’ to the business from the information we...
Which skills do finance business partners need?
Most Finance Directors say that having the right people with the right skills is their number one priority for delivering business value from Finance. Yet, in our experience not many FDs identify the specific capabilities needed by their finance business partners, as...
“I’m not interested in news-readers in Finance … I need journalists”.
“I’m not interested in news-readers in Finance…I need journalists.” The Commercial Director of a large company once told me she needs “Journalists in Finance, not News-Readers”. So I recently interviewed a number of journalists from UK national...
Do you provide INPUTS or OUTPUTS?
“I want my Finance Business Partner to provide INPUTS not OUTPUTS” This is what the Chief Exec of one of our clients said to his Finance Director, which I thought was quite insightful. What did he mean? Most finance people spend the early years of their career only...
5 Levers to deliver valuable business partnering
From our work with Finance Directors and CFOs in large companies we’ve identified the 5 levers you need to pull to be successful with business partnering The trick is to pull all 5 levers. Most companies pull only one or two of the 5 business partnering levers, and...Free Best Practice Report on Finance Business Partnering
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