Managing risk can be a tough nut to crack, no matter what business you’re in. A panel discussion in Los Angeles, led by the Finance and Management Faculty’s Rick Payne, brought together leading business minds, who set out some ideas for dealing with risk.
Effective finance business partners have been around for over 50 years. The involvement of finance professionals in business decision making, strategy development and driving performance is nothing new. However, we are still asked for guidance on how finance can make a greater contribution to organisational performance.
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What can a 1963 lecture on the finance function teach us about being a business partner today? Perhaps a lot more than you would expect! Join us to discuss a different perspective on how to contribute more to your business.
Building effective finance functions is a key concern of organisations and finance professionals. At a time when many claim we face unprecedented challenges, Stanley Harding's 1963 lecture on the finance function reminds us that there are many lessons we can learn from history. This report reproduces the lecture in full and complements it with expert commentary.
Fifty years ago, Shell’s deputy controller Stanley Harding gave a lecture on the finance professional’s role in business. But how far has it changed since then? Rick Payne looks back, and the experts respond.
Accounting controls can be seen as a barrier to innovation. But as an American Accounting Association guest panel explained to Rick Payne, it is worth getting over the hurdles.
Business technology was born in the finance function – and accountants make more use of it than most. So why hasn’t IT completely revolutionised the role of finance? And how might accountants engage with it to engineer really radical change in the future? Kirstin Gillon investigates in an article for Chartech magazine.