Thinking Strategically About Finance Transformation

Finance Transformation should be thought of as a strategy. I get the impression, though, that we don’t think of Finance Transformation like that. We tend to think that the business has a strategy, and functions like Finance just do “transformation” programmes. And this is a general theme I’m building up in framing the presentation I’ll…

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Back to the Future of Finance – Developing the Skills for the Next Generation

Developing skills for Finance to make it fit for the future

What are the skills needed for Finance in business? One of the biggest challenges for the Finance and Accounting profession, Finance professional, and Finance functions in general, is around skills. And whose responsibility is it to create the career pathways, the learning opportunities, and to ensure the right skills, mindsets and behaviours, prevail? In my…

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Why the “Future CFO” Should Spend Less Time Business Partnering, Not More

"future CFO" should be primarily a leader

The title of this article may sound strange in an age where Finance business partnering is one of the megatrends in Finance. But bear with me. There’s a good reason why I’m going to argue that “the future CFO” should do less business partnering, and not more. I’m going to start by arguing that, contrary…

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Andy Burrows Featured on the Strength in The Numbers Show

When Andrew Codd asked me if I’d be a guest on his new podcast, The Strength in the Numbers Show, I was excited. I connected with Andrew on LinkedIn quite soon after starting Supercharged Finance. He and Anders Liu-Lindberg seemed to be having some good online discussions about Finance business partnering, which I’d already written…

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Why Simplification is Not Always Simple

Simple for whom?

In the generally accepted paradigm for the Finance function, where Finance is an overhead that needs to be kept down and reduced constantly, efficiency is often the name of the game. Simplification is one way of achieving that. And the ways we get efficiency are normally through simplification, standardisation and automation. Those three words were…

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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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