Finance Unleashed: Leveraging the CFO for Innovation

Description

Fast moving, to the point, and rooted in first-hand executive experiences, this book is for people of vision and action, and for creating the conditions required for growth, innovation, and increased competitive advantage. Finance Unleashed is based on a series of interactive interviews with a diverse group of global influencers and executives, all of which will challenge readers to think laterally and find inspiration in the new role of finance. Cases and interviewees represent organizations such as UPS and DHL, and the London School of Economics, and approaches such as Lean Six Sigma, innovation, customer-centricity, the financial supply chain, and behavioral procurement. The authors’ goal is to serve as a catalyst for leaders who are positioned to make meaningful changes today. The book includes a practical model to help executive teams redesign and refocus finance to drive business leadership - with an emphasis on the CFO. The model has three primary components: 1) Customer-Centricity - Listen and Map; 2) Process - Structure and Technology; and 3) Innovation - Create and Measure. These are presented as phases that each executive team will need to consider based on the goals and maturity level of their organization. For the CFO and ambitious finance executives, Finance Unleashed presents a path forward towards success and career advancement. For the CEO and the board, it presents an expanded vision for what financial organizations are capable of. Front Matter ....Pages i-xxv Front Matter ....Pages 1-1 Three Critical Changes to the Role of CFO (Magnus Lind, Kelly Barner)....Pages 3-6 Finance Taking a Customer-Centric View (Magnus Lind, Kelly Barner)....Pages 7-12 Take a Process Flow Perspective (Magnus Lind, Kelly Barner)....Pages 13-16 Allow the Whole Supply Chain to Innovate (Magnus Lind, Kelly Barner)....Pages 17-21 The CFO as the Driver of New Business (Magnus Lind, Kelly Barner)....Pages 23-28 Front Matter ....Pages 29-29 Visions for the Financial Supply Chain (Tim de Knegt)....Pages 31-40 The Innovator CFO (Murat Erden)....Pages 41-48 Nudging the Financial Supply Chain (David Loseby)....Pages 49-55 Leadership Is Not Enough (Adrian Atkinson)....Pages 57-62 Let Them Eat Cake (Peter Huber)....Pages 63-71 Building Competitive Advantage by Connecting the Physical and Financial Chains: A Study of UPS and DHL (Magnus Lind, Kelly Barner)....Pages 73-79 Back to the Future (Charles Bean)....Pages 81-90 The Whole Chain or Separate Links? (Gary Slawther)....Pages 91-96 Leadership Is Leveraging the Full Output of Your People (John P. (Jack) Miles)....Pages 97-104 Financial and Operational Measurements (Luis Manuel Hernandez)....Pages 105-108 Front Matter ....Pages 109-109 The Context (Magnus Lind, Kelly Barner)....Pages 111-124 Seizing the Opportunity (Magnus Lind, Kelly Barner)....Pages 125-144 Finance Unleashed: A Practical Model (Magnus Lind, Kelly Barner)....Pages 145-156 Back Matter ....Pages 157-178