Historically, the finance professional has been
seen as the keeper of the organizations most valuable
assets, but in the new knowledge-era, where many of the assets are
no longer tangible, and many processes now automated, this role
is under threat. Finance now faces the challenge of re-positioning
itself as a value-adding business partner to the organization and
driver of corporate strategy and new management systems.
This groundbreaking report reveals how top finance
professionals are doing just this through implementing management
techniques such as activity-based management, value-based management,
financial shared services centres, e-commerce strategy implementation
and intellectual capital development. Crucially, the report places
these skills within the framework of a Balanced Scorecard, both
organization-wide and specific to the finance function.
The Finance Scorecard report is a key resource
for any finance professional considering their future value to the
organization. It also provides senior management with the knowledge
and best-practice examples of how they should be developing their
finance function to be the key force in driving the corporate strategy.
Building and Developing
a Finance Scorecard features:
- Ten in-depth case studies, and many more
case reports from leading international organizations, including
Diageo, The Royal Bank of Scotland, Tate & Lyle, Elf Oil UK,
Skandia and Nestlé, illustrating how their finance function's
have implemented new management systems to respond to the ever-changing
- Results and analysis of an exclusively commissioned
in-depth research survey of current finance management practice,
based on 90 top finance professionals from a diverse cross section
- Two templates detailing step-by-step processes
required to plan, develop and implement a Finance Scorecard.
- Details of skills and knowledge required
to become a value-added business partner and to be integral in
the development and execution of organizational strategy.