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.
Two keys to influencing upwards are where are you starting from and what are the preferences and expectations of the senior leaders you need to influence.
Lots of HR functions do add tremendous business value to their organisations but unfortunately they fail to market their good work within the organisation. Consequently people frequently overlook their inputs or indeed criticise their efforts.
Paula Cook, lead consultant and faculty on PPI leadership programs has summarised her learning from an interesting research undertaken by two US consultants and elaborated in their book - Virtual Team Success: A Practical Guide for Working and Leading from a Distance.
Misunderstandings, different wavelengths, resistance, resignation, low energy, lack of commitment – could these be the behaviours you meet when making contact with your people.
In this book Mark Thomas sets out an approach to operating as a highly effective internal adviser or business consultant.
It is widely accepted that many mergers and acquisitions result in financial disappointment. Company A buys Company B only to sell it off five to six years later as it was not possible to generate the expected synergies or cost savings. Indeed numerous research and business school studies have show M&As to be a high risk business strategy.
The critical audit questions for today’s High Performance Finance Business Partner.
Donald Hambrick and James Fredrickson provide a very good framework for understanding what is and is not strategy. This is a very useful for helping senior managers to see how everything fits together and the importance of having an coherent overall, centrally integrated and externally oriented concept of how they will achieve their objectives.
At some time or another, we are all faced with the challenge of getting others to buy into our ideas. It can be a daunting task. Here are a few tips to help you think about your approach.