December 2009
Intermediate to advanced
255 pages
5h 55m
English
Content preview from Under Control: Governance Across the Enterprise
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10.4. Managing Interdependencies
Growing interdependencies throughout the enterprise should include the finance organization. Governance also helps to manage interdependencies within finance functions to help ensure aggregate optimization of business decisions and organizational structure. This is a much different landscape than you find in many of today's companies, where decisions are made within silos throughout the company rather than being based on networking with other company entities.
For example, we've noticed that numerous forecasting processes occur within a finance organization. For example, the Financial Planning and Analysis group may forecast profit and losses. The Treasury group may forecast cash requirements for the organization. ...
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