Making the Numbers Count, 2nd Edition

9 Implementing the New Approach to Accounting

There are two ways to approach the introduction of these new accounting methods: strategically or pragmatically. If the changes are introduced strategically, then they are driven from the top of the company and are a part of the organization’s broader lean transformation. Senior management has caught the vision for a world-class organization and sees that the role of the accountants (and others) needs to change dramatically if the company is to succeed in its quest for world-class status. The changes are coordinated and companywide. A new role is defined for the accounting people (or by the accounting people), and these changes are introduced with education and training, the initiation of improvement ...