Finance business partnering

How the ancient art of Kintsugi helps Finance unlock value in your business

After a trip to a local beach my son found a part-open clam shell that he adored. When we went home he affixed some Googly eyes onto it, transforming it into “Shelly” until a few days later one of his sisters accidentally stepped on it, fracturing his prized possession into several pieces. . . ….

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How to help others adopt a Finance Business Partnering mindset

Previously on our Strength in the Numbers Show I’ve discussed and covered the two megatrends in accounting & finance, digitisation and finance business partnering and why it’s important for us to understand the impact of these on traditional accounting & finance, but how do we help others see the importance of these, let alone help…

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Industry 4.0 And The Consequences For Accounting & Finance Part IV: What Are Employers & Professional Bodies Doing?

Regardless of whether we’re accountants and finance professionals that have already qualified or are in the process of qualifying we put a lot of trust into our employers and accounting bodies hoping that they will make appropriate decisions on how to navigate the affects of Industry 4.0 so that our careers within accounting & finance…

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Industry 4.0 And The Consequences For Accounting & Finance Part III: The Finance Business Partnering Megatrend

Traditionally it was the accountants in the finance team that held the keys to the numbers, we were the sole gatekeepers and if a manager or leader wanted to know how their business was performing they’d need to contact finance. But nowadays you may have noticed there are many more non-finance personnel leveraging digital technologies…

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Top 5 ‘Must Listen’ Audiobooks for Finance Business Partners

Whilst there are very few books out there on Finance Business Partnering there are so many others available that detail the broader business skills necessary to be a successful finance business partner. So where does an aspiring Finance Business Partner begin their search for knowledge? Last year I recommended 5 books and given the success…

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How to find the best teachers for Finance Business Partners?

If like me you’ve probably had a number of teachers and mentors at different stages of your life and your finance career. And whilst it may be easy to pick a favourite it may be more difficult to figure out who was the best for you or even how to get the best of their…

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The four seasons of accounting & finance

The role of the accounting & finance team is evolving so that it “ . . . can make an important contribution to improving decision-making and ensuring the sustainable success of the business,” according to the Association of International Certified Professional Accountants. And that evolution is a result of a more connected, complex & globally competitive world, one that’s…

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A Surprisingly Simple Way Accounting & Finance Can Remain Relevant, Add Value and Have a Great Career

I had finally had enough. With employers complaining accounting & finance graduates don’t have the right skills, with newly qualifieds frustrated they were not getting meaningful experiences to make an impact and most of the rest of us anxious about what the digital disruption from Industry 4.0 means for the future of the profession a…

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How the best finance business partners use accountability to deliver better outcomes

The main purpose of any business is to improve it’s outcomes and depending on whether you’re talking to an economist, marketer, engineer, salesperson or customer you might get different answers from maximise profits, create a customer, develop better products, increase revenues to improve customers satisfaction. Ultimately a business is in the business of delivering better…

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Knowing your curve to give the best guidance to partners

Finance teams are generally involved in business planning, forecasting and giving guidance to leaders and partners who want to have a fuller view of where their businesses are going, but how do we know we’re giving the most appropriate guidance and forecast? Many people compare being in business to experiencing a roller coaster ride. We…

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