LATEST POST

Understanding why you do things makes a difference

The Purpose-Driven CFO Part 5: Don’t Waste Money Doing Projects

Another post relating to business projects!? It must be on my mind or something! Perhaps because I’ve just signed up to take my PRINCE2 exams. I don’t know! Be that as it may, I have got to the point in my Purpose-Driven CFO series on LinkedIn where I’m considering the purpose-driven angle applied to projects. Why…

Continue Reading →

IT projects involve business change as well as code

There’s No Such Thing as an IT Project

“There’s no such thing as an IT project. All projects in business are business projects.” That was a tweet I put out a while back. And it drew a response from a young programmer. “By the same logic, there’s no such thing as a construction project either. Erecting a new office building is pure business,”…

Continue Reading →

Understanding why you do things makes a difference

The Purpose-Driven CFO Part 4: Financial Reporting for What?

Financial reporting is something that Finance is known for. We do it month in, month out. The cycle never stops. No respectable business doesn’t do it. So I reckon it’ll be a challenge encouraging you to actually read my latest part in the Purpose-Driven CFO series. Surely nothing in our reporting processes needs to change?…

Continue Reading →

anyone in Finance can be a business partners

You Don’t Have to be in FP&A to be a Finance Business Partner

It is becoming fashionable nowadays to identify some roles in Finance as Finance Business Partner. The intention is to emphasise the need for managers in the business to have a strong understanding of financial performance. And therefore, the Finance function ought to provide people who can come alongside business managers, providing financial insight and understanding. In…

Continue Reading →

Understanding why you do things makes a difference

The Purpose-Driven CFO Part 3: Purpose-Driven Strategy

Why do we do “strategy” in business? How can Finance influence the strategy development process to make it most effective? How does understanding why help us? This is what I’m discussing in the the third in my series on LinkedIn – The Purpose-Driven CFO. Is the “strategic plan” just a long term version of the…

Continue Reading →

late payment might be your fault

Late Payment – 3 Ways It Might Be Your Fault

We all know cash flow is important. The bigger the cash balance in your business the safer it is, the more flexibility it has and the less it has to rely on external lenders and investors. So getting cash in from customers as fast as possible is one of the clearest priorities in business. But…

Continue Reading →

Understanding why you do things makes a difference

The Purpose-Driven CFO Part 2: What Are We Budgeting For?

The second in my series of LinkedIn articles is out now. It’s all about something which has seemed like a massive headache in pretty much every large business I’ve worked with – budgeting. In a purpose-driven Finance team, we must understand why we use budgets. My thinking is that understanding why helps us to do things better.…

Continue Reading →

Beware the pitfalls of AP Automation

Accounts Payable Automation – Benefits and Pitfalls

Where you work, have you automated Accounts Payable? I’d love to hear. Please tell me your experience in the comments below. Accounts Payable (AP), in case you were unsure, is the process by which the business pays the companies which supply it with goods and services. The suppliers send in invoices which must be paid…

Continue Reading →

Understanding why you do things makes a difference

The Purpose-Driven CFO: Introduction

Part One – Why Be Purpose-Driven? Understanding the purpose of what we’re doing can have a massive impact on how we do something and how we feel about doing it. In this new series on LinkedIn, I start to explore the reasons behind the things that we do in Finance. If you’ve ever, like me, got…

Continue Reading →

managing financial reporting like football

Managing Financial Reporting Like a Football Match

How do you motivate a Financial Reporting team to go through the stress and pressure of “month end” and be happy about it? How do you stop it becoming a monthly grind that makes them curse the day they decided to train as an accountant? I once took up an interim position heading up Group…

Continue Reading →

Page 1 of 2