Global Business Finance
Design, development and implementation of a global Business Finance College to improve the business finance competencies of more than 500 Finance Business Partners located at offices across five continents.
The client – a global service provider – employs more than 500 Finance Business Partners globally and continuously receives feedback on their performance from the relevant business stakeholders.
Due to tough competition and increasing cost pressure, the client’s CFO had to make a strategic decision about the future of these finance professionals. Retaining the current number of Finance Business Partners could only be justified if their collective performance was significantly improved. This would require a culture change and a significant investment in a global approach to Business Finance as well as an extensive training programme to upgrade the competencies of the Finance Business Partners.
Having a firm belief in the value of Business Finance, the CFO chose the embark on a multi-year journey of capability building.
Implement Consulting Group was brought on to assist the client in the start-to-end process of designing, developing and implementing a global Business Finance training programme. In a collaborative effort spanning over 1.5 years, a joint team developed a comprehensive and tailor-made Business Finance College, including:
Approximately 500 Finance Business Partners were trained in Business Finance competencies as part of the Business Finance College. By using these competencies, the Finance Business Partners managed to improve their average performance score (scored by their business stakeholders). Also, the Finance Business Partners managed to impact the profitability of the business through a range of business challenges that were addressed and solved as part of the programme.
Implement Consulting Group