Sharing the Love – Useful Resources For Finance People From Other Sources

Since I’ve been writing articles on Finance topics, I’ve been paying more attention to others who are doing similar things – providing resources for Finance people. And one of the great benefits of doing the writing (and I think everyone who publishes thought-provoking material will say the same) is that you get to connect with,…

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Finding purpose in the boring bits of Finance (The Purpose-Driven CFO Part 10)

purpose-driven cfo

I haven’t written in this series for a while. So, for new readers, I’ll just briefly reiterate the premise of The Purpose-Driven CFO. What I set out to do was to investigate what difference it makes going back to first principles with the things we do in Finance, and asking “why?” I know from experience…

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Finance transformation without new software or shared services

Transform vision in Finance first

This article was inspired by a comment that Andrew Jepson made in response to Part 2 of my series on Innovation and Finance, which spoke about the attitude that Finance should have to innovation within its own function. He said (in commenting on my LinkedIn post), “Can innovation in finance be as simple as: Put…

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Developing Finance Business Partnering (The Purpose-Driven CFO: Part 9)

Understanding why you do things makes a difference

I’m turning my attention today to Finance business partnering, a subject of growing interest. What is Finance business partnering? And why do we have those roles and job titles within Finance? Why do we need Finance business partners? However, I don’t take it for granted that anyone reading this will have read the other articles…

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What is a Purpose-Driven Finance Function? (The Purpose-Driven CFO Part 8)

Understanding why you do things makes a difference

To date in this series, I’ve been picking activities that we do in the Finance function, and looking into why we do them. That’s the essence of my purpose-driven approach. We’ve worked through some big ones, like budgeting, strategy, financial reporting and financial analysis and others. (The links to all previous parts in the series can…

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The Purpose-Driven CFO Part 7: The Great Alternative to Analysis Paralysis

Understanding why you do things makes a difference

Part 7 of the Purpose-Driven CFO Series is out today on LinkedIn. You can find it at https://www.linkedin.com/pulse/purpose-driven-cfo-part-7-great-alternative-analysis-andy-burrows. It’s all about financial analysis. Why do we do it? And how does the recognition of why we do it influence the way we do it? I think it helps us to a) be more efficient; and b) present…

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The Purpose-Driven CFO Part 6: Internal Control is for Finance Business Partners Too

Understanding why you do things makes a difference

Internal control is often seen as a boring subject. It conjures up visions of bureaucracy, paperwork, inspection teams with checklists, things which slow the business down. But, as I have said elsewhere, “Saying that internal control is boring in business is like a train driver saying that tracks and signals are boring.” Over the course…

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

Understanding why you do things makes a difference

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…

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

Understanding why you do things makes a difference

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?…

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

Understanding why you do things makes a difference

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…

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