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The Financial Controller and CFO's Toolkit, 3rd Edition by David Parmenter

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Chapter 1Getting Your Finance Team Future Ready

This book outlines how finance teams can help their organizations by getting their team future ready. By future ready, I mean a finance team that is fast and light on its feet and able to react quickly to events as they unfold. A finance team that is nimble through utilizing world best practices, and is an advanced adopter of leading-edge technologies. Finally, a future-ready finance team embraces modern people practices, abandons the ill-conceived management practices of the past, and is thus able to retain its talented staff.

Many finance teams are far from being future ready. How many finance teams today have:

  • Fully embraced all the lean finance team practices?
  • An annual planning process that helps their organization prepare for the unexpected?
  • Successfully adopted the tried and tested leading-edge technologies available in the twenty-first century?

A BURNING PLATFORM?

Many finance teams spend long frustrated hours ...

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