Impact

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 V: What Can You Do About it?

The opportunity for those in finance careers to be full of fun, meaning and contribution has never been greater, yet in the same breath we have all this digital disruption being caused around us by the fourth industrial revolution. And so to the final part of our Industry 4.0 series and thinking about ‘how we should…

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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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Industry 4.0 And The Consequences For Accounting & Finance Part II: The Digitisation Megatrend

Technology has become an every-day part of our lives, indeed if you’re reading this article it’s being done on a digital device. Likewise business is becoming a more digital experience, we deal with a relentless stream of messages and communications, and we operate in a network of teams. And one megatrend rapidly impacting the work traditionally…

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Industry 4.0, Digital Disruption And The Consequences For Accounting & Finance Part I

If you’ve found yourself able to get out of the daily grind of accounting & finance for just enough time to hear the phrases ‘digital disruption,’ the ‘fourth industrial revolution’ or ‘Industry 4.0’ you may be curious enough to want to know what does it mean for accountants and finance professionals? Accounting & finance teams…

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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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Where we’re going wrong with the next generation of finance professionals

A few years ago I was asked to sit on a panel assessing internal applicants to a graduate finance training program and what I found was concerning for their future success and their ability to fully reach their potential. I deconstructed the successful submissions in a Wordcloud like the one above and found the most…

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How experience trumps knowledge in better Finance & Accounting

Imagine you’re on an operating table and you’ve the option of choosing between a medical student with the best technical knowledge money can buy from the best schools or an experienced doctor who’s maybe not as knowledgeable but instead has a good track record on this particular procedure, who would you choose? Well hopefully it…

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