Transforming the Finance Function to Add Company Wide Value (Financial Times Management Briefings)

Transforming the Finance Function to Add Company Wide Value (Financial Times Management Briefings)

by Ms Margaret May (Author)

Synopsis

Essential reading for all Finance Directors, Transforming the Finance Function to Add Company Wide Value provides you with a complete toolkit to shift the role of the finance function from corporate scorekeeper to value generator. You will gain a thorough understanding of the extensive range of new techniques needed to fulfil this role and ensure that your finance department is central to your company's future success.

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Quantity

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More Information

Format: Paperback
Pages: 256
Edition: 1
Publisher: Financial Times/ Prentice Hall
Published: 27 Oct 1999

ISBN 10: 0273643134
ISBN 13: 9780273643135

Media Reviews
By Ian Kleinman, Finance Director, Global Sales and Operations, Reuters Extract taken from his foreword to the FT book: Margaret May's book is a timely reminder to us all that the finance function, like all other functions, has to react to the opportunities as well as the challenges posed by these changes already mentioned. S profound are the changes that no less than a transformation is required. From what to what you may ask. In simple terms I would say from a specialist control function with its focus on historical financial data to one of a business partner focussed on the future, using its skills to take a holisric view of the business, both internally and externally. The next question is how to achieve this transformation? Margaret May provides us with a practical blueprint. First she takes us through the case for change. It becomes apparent from this that finance needs to reposition itself within the organisation. To achieve this repositioning, the function needs to re-tool itself. Margaret May takes us through the latest ideas and techniques being applied in leading-edge finance departments. Finally she examines various alternatives on implementation of the transformation.