Transformation of business models
As a business partner, the finance function is expanding beyond cash flow and investment decision-making. The role of finance is shifting to leading enterprise-wide transformation for value creation. This shift from business partnering to value partnering requires CFOs and their finance teams to engage with their business and enable the transformation of their business models.
Success in this new value partnering ecosystem will require new leadership styles to engage, empower and upskill a diverse workforce in a workplace that will most likely continue to evolve.
Leadership and development are critical to the emotional intelligence skills necessary to build relationships within the finance function and across the organization. It will also require a mindset of continuous improvement as the finance function becomes critical to ongoing digital transformation, and the role of AI becomes more prevalent.
This session is a rebroadcast from the 2024 AICPA & CIMA ENGAGE conference.
Learning Objectives
- Recognize the four big shifts finance has to make to be successful in the 21st century.
- Identify the competencies and skills required to enable the shifts.
- Identify a strategy to engage in your organization's business model to drive long-term value creation.
Major Topics
- Leadership and development
- Business models and business partnering
- Value partnering and value creation
- Business transformation
