Finance Transformations

Finance transformations are a complex and nuanced process requiring sequenced, timely and thoughtful execution, not only to communicate the change itself, but also the purpose and timing of that change and how it will affect each individual.

A recent survey by Forbes found that

0
%

of executives believe their organisation is only somewhat or not at all prepared to successfully execute a business transformation.

0
%

believe that this is because of inefficient execution.

The importance of preparation and execution doesn’t get much more key (and difficult) than when trying to transform finance.
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Whether implementing an updated process or brand new financial target operating model, it can be difficult to usher in change, especially in accounting and finance departments where compliance is king.

Communication is a crucial weapon for a successful finance transformation. This isn’t a quick fix or something that can be thrown over the fence.

The most successful transformation initiatives, reinforce core messages through the delivery of timely and regular updates.

It needs to be planned both outbound and inbound and should be targeted to provide staff the right information at the right time and to solicit their input and feedback.

Get in touch to find out how we can help

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