Description
The concept of finance business partnering, the idea of finance professionals being involved in business decision making, strategy development and driving performance is not new, it has been witnessed for decades. However, due to the unique circumstances of different organisations, the deployment of such activity can vary significantly. Business partnering may or may not be a priority, and finance departments may or may not have the ability to deliver it. But what’s interesting is just how many finance leaders, irrespective of the size of their organisation, now recognise the approach as being critical to long term value creation.
Course Overview
This highly interactive programme provides practical insights on the power of finance business partnering and the challenges of investing time and resources on this value creating concept. Using real cases, it crucially covers how finance teams can obtain buy-in and support from board directors and business managers across the organisation to improve alignment between strategy, sales, marketing and operations and ultimately help optimise overall business performance and profitability.
What you will learn
- How finance business partnering can help drive strategy and positively impact on business performance so that both financial and strategic targets can be achieved
- How finance and business management can be more co-ordinated to overcome multiple barriers and become successful business partners
- How finance can become a core part of the management team, using financial and business information to influence decisions and shape outcomes
- How finance can help business interpret and transform data into valuable commercial insights that drives improvement
- How to develop a compelling action plan to embed finance business partnering across the organisation and to continually measure its successful deployment
- How to build commercial credibility and become respected finance business partner
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