Wanted: the all-round Finance Manager
Beyond COVID-19, understanding the commercial challenges facing business is an increasingly essential task for financial managers, argues Morgen Witzel.
At the management consultancy firm McKinsey, people used to refer to the concept of the ‘T-shaped consultant’: the vertical bar of the T representing specialist skills and the horizontal bar representing a broad understanding of organisations and management. What we need today are T-shaped managers – people who have both deep skills and capabilities, but can also make those broad connections and understand the organisation as an organic whole, not just a collection of moving parts. Survival in the modern world depends on everyone pulling together and working towards a common goal, and we cannot do that while sitting in silos.