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How to improve your finance organisation’s effectiveness 

How to improve your finance organisation’s efficiency and effectiveness 

August 15 2012

 

The roles of finance professionals are changing. There is an expectation for finance organisations to take on a broader role in terms of providing management information and analysis and become more influential in how the organisation is managed. In forward-looking organisations, finance is evolving from a focus on transactions and cost efficiency to a broader focus that covers decision support and strategy.

How finance takes on this broader role in serving the business in the future has implications for the types of skills needed and the development of those skills. The AICPA and CIMA have created three tools to help finance organisations effectively address these changes. 

  1. How to use SWOT analysis for finance organisation transformation
  2. Mentoring for success: A how-to guide
  3. Effective communication skills

These tools can be used singly or in combination by an individual or the entire finance team.

CGMA designation holders can play key roles as strategic business partners and help drive an organisation’s long-term sustainable success.  Developing the right skills is a key to improving a finance organisation’s effectiveness.



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2 Comments


Comments
Francis Fernandes

A very helpful and useful tool. Just when I needed some tips on mentoring.

Thanks for this.

Regards,

Francis

Sep 28, 2012 4:10 AM
Comments
Dheyaa Qaddo

very useful.

Aug 17, 2012 12:11 PM
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