It's time to take off the "green eyeshades" and get ready for radical change. This forward-thinking book -- based on the more than 50 years combined experience of two financial practitioners -- should help any organization turn Finance into an integral contributor to its growth strategy and a partner in its business plan.
Changes in perceptions and behavior by everyone throughout the organization will be needed -- starting at the top -- so a dialogue between the CEO and the CFO of a hypothetical company has been used as a framework for the book. This device also enables readers to skim the material and quickly grasp the book's key ideas.
It's one thing to propose a culture change and another to explain how to get there. "Partnering for Performance" does both. In addition to a compelling proposal, you will find:
a no nonsense discussion of how to upgrade the scorecard, enhance the budgeting process, and evaluate business alternatives (using techniques such as activity based costing, decision & risk analysis, and options theory);
an implementation plan, including new roles and resposibilities for both Finance people and everyone else in the organization, training, incentives, and diagnostic tools (such as an organizational troubleshooting guide); and
more than 60 real-world examples of the concepts presented to show that they hold true in practice.
In today's complex financial world, keeping score is far from enough. "Partnering for Performance" demonstrates how Finance can become a strong ally and powerful asset for achieving true competitive advantage....Continua