Kintsugi (“golden joinery”) is the Japanese art of repairing broken objects with a precious metal such as gold. Instead of hiding such cracks and imperfections they are accepted and it’s acknowledged repairs will need to happen from time to time. And once these flaws are fixed they are then regarded as a unique piece of the object’s history which adds to its value.
Similarly, as part of our roles in finance we report out and analyse where cracks our businesses might be occurring, if there are variations to plan, last year, forecast, if there’s compliance issues or even if there are bottlenecks appearing in the value chain that we may need to bring to the attention of others, intervene on to help fix so that they contribute more value back to the business.
In this episode I share 3 methods to borrowed from kintsugi to deconstruct and unlock value in our business’ value chains.