“Maximize the Contributions of Your Finance Professionals: Compliance. Collaboration. Catalyst.”
- See how your finance organization measures up to the optimal finance organization
- Learn how finance professionals can become more strategic business partners
- Discover best practices for developing your organization’s finance talent
There’s no doubt that your business depends on its finance organization to keep it competitive and financially strong. But it’s also critically important for finance professionals to be an integral part of the everyday workings of your organization, cooperating side by side with Sales, Marketing, Operations, Systems, and all other business functions.
Current research indicates that when Finance comes on board and stays on as a business partner, everyone wins, and the payoff is increased profitability. Successful organizations know that while finance professionals will continue to be diligent in their governance role, they can also look well beyond the numbers to benefit the organization at a higher level.
Three current business realities – enhanced technology, increased competition, and globalization – make the need for finance professionals to be business partners even more critical.
“Maximize the Contributions of Your Finance Professionals: Compliance. Collaboration. Catalyst.” Is a white paper researched and written by Lake Forest Corporate Education and the Center for Corporate Financial Leadership. It was created through extensive, in-depth research including:
- Individual interviews with more than 65 senior executives, including CEOs, CFOs, and HR Directors
- Individual interviews with executive recruiters focused on the financial arena
- Focus groups with mid-level and senior-level finance professionals
- A survey of hundreds of mid-level and senior-level finance professionals
The LFCE/CCFL study revealed five critical actions and a number of best practices for making the transition from a traditional finance organization to an optimal one.
This white paper also includes an organizational readiness scorecard for determining how your finance organization measures up to the optimal finance organization.