Business tips

Joining the dots and business partnering

Disclaimer: Any views or opinions expressed are solely those of the author and do not necessarily represent those of any companies that the author has been and is working for. I recently read a carton strip on LinkedIn regarding dots. As a finance business partner, we try to interpret and make sense of the data…

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DEGLOBALISATION, THE PANDEMIC AND BUSINESS PARTNERING – A BRIEF LOOK

Disclaimer: Any views or opinions expressed are solely those of the author and do not necessarily represent those of any companies that the author has been and is working for. Most of us are accustomed to the global nature of goods and services we consume. The workforce has been much more mobile than the last…

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Giving better financial advice by making sense of the senses

Whilst some of us accountants and finance professionals may be quite robotic and machine-like when it comes to our jobs the majority of us still have been endowed with 5 senses, you know sight, smell, taste, hearing and touch. But when was the last time you used all of these to give better financial advice?…

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“It’s not you, it’s me,” How to Avoid Broken Hearts in Finance

In relationships there’s an often clichéd break up phrase “It’s not you, it’s me” and this is partly true also in Finance when trying to influence decision makers for a couple reasons, otherwise we’ll end up with broken hearts. Firstly, we’re often trying to influence decision-makers in our own way and style, without trying to…

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What key disciplines do you need to become a fantastic finance professional?

A fellow finance professional asked me a couple weeks ago what are the key skills required to become a fantastic accountant, and rather focus on skills per se I suggested he focus on mastering 3 disciplines? So what are these three disciplines and how do they help you become a fantastic accountant and finance professional? Before jumping…

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One big thing that makes it difficult for finance professionals to deliver value

There are two types of accountant and finance professional, those that ensure the appropriate controls and compliance are in place so that the numbers are accurate and consistent – let’s call this preserving value, and then there are those who are coming out from behind their desks, engaging with the business on meaningful problems, solving…

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How to fix the leaky roof in the Finance Department?

In a survey from earlier this year 95% finance leaders said they experienced a skills-gap in the finance function, however telling finance professionals to change their behaviours alone is not going to address this gap. Think about it, how often are we hearing from leaders (and thinking in brackets): We need to be more commercial (Okay so what does…

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How Water Gives Life To Finance Professionals Who Want to Add More Value?

Often I see and hear finance professionals and finance leaders talking about ‘adding value’, but when they are asked to describe what that value is they find it difficult to articulate. They don’t have a simple way of looking at value and as a leader, some can’t help their teams think about genuine value as…

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Does your CFO view you as an asset or an expense?

Unless you’ve been hiding under a rock you’re well aware of the rate of change impacting many of our enterprises and industries. And, of the many jobs within these organisations one of them in particular has become much more demanding, the role of the CFO, who’s responsible for ensuring that the organisation they serve is…

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Finance, The New Alchemists of Value Creation

Have you ever read the story of Rumpelstiltskin? You know the one where under threat of death a young woman is forced to seek help to turn something fairly common like straw is into gold. In effect the story makes reference to the practice of alchemy (spinning straw into gold), and this got me wondering, sometimes as…

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