In a lot of organisations, Finance is seen as the guardian of data and its correctness, and the buck often stops with the CFO if there is an issue with it. Because of this there is a lot of focus on data and how to ensure its quality and there are a lot of discussions … Continue reading Basic human skills to fuel finance business partnering
I never thought I would say what I am about to. I remember sitting in my chair at the start of my career listening to this discussion about the definition of words and thinking it was utter rubbish. The topic at hand was how to define “Net Revenue”. I thought, “this is an absolute waste … Continue reading The Boring necessity of wordsmithing
Can I get that on 1 page, please? Not an uncommon question this day in age. The one-pager (or placemat) has for sure found its way into most organisations and is in fact a very useful tool for discussion. It is also a good challenge to the creator to really distil knowledge and information and cut … Continue reading The rise (and fall?) of the one-pager
Spend less time in history and focus on the future. Something you often hear around finance departments these days. History has already happened and is less interesting. This may be the case for looking at your revenues and costs from 2015 or spending enormous amounts of time reconciling Budget 1 to forecast 2 and forecast … Continue reading Didn’t this fail last time around?
I was asked not too long ago. “You spent years in consulting doing finance transformations, why do they always fail”? “Because they are easy to start and hard to finish”, I replied. That was written off as too simple of an answer and me not taking the question seriously and we went back to debating … Continue reading Transformation is not an 80-minute rugby game (it is like learning French)