Enabling finance people to engage in wider business discussions about how their understanding of the numbers can influence real business outcomes and effect organisational change.
In effect “speaking truth to power” means having the capacity and ability to take a stand on an important issue. It means giving yourself the power to dissent in the face of greater strength and power.
As business is dominated by cash flows, costs and profitability the finance function has traditionally been immune to any form of corporate criticism. Money is the driver for many organisations and as finance retains full control of this role and very few have dared to criticize its brand as the most central and critical of all support functions. But times are a changing and today we are seeing the once revered finance function being subjected to review. Relentless cost pressures and global competition are forcing organisations to now look at how their finance functions operate. We have probably all heard the classic jibes of “the bean-counters or digit heads” but nowadays leading edge functions are instigating real change.
One of our clients asked me to join their Global HR meeting and facilitate a discussion of the broad trends in Human Resources so that they could benchmark their plans. This article provides you with information on what are the current trends impacting HR. Firstly we will look at some broad trends and then we will look at five main trends impacting HR directly.
Mark Thomas, one of PPI’s Lead Consultants and Faculty on Strategy / HR and Business Partnering sets out a challenging list of behaviours and actions that he believes are critical for today’s high impact HR Business Partners.
In this article we look at the skills a business partner in today’s leading companies requires to have the appropriate impact. It will provide you with an opportunity to reflect and assess how you measure up. What do you do well and what might you need to develop or add to your skill set?
Like all support functions in today’s world, the finance function is under increasing pressure to demonstrate value added services to the business. However many finance functions remain bogged down in detail and complexity; often dealing with accounting and budgeting as opposed to real business intelligence and simply reporting too many metrics and measures.
The critical audit questions for today’s High Performance Finance Business Partner.
A presentation and discussion of the challenges and issues for a functional support specialist in being accepted as a partner by line managers and business decision makers.