Breaking the glass ceiling
How does it affect you?
Finance must develop a plan that focuses on providing appropriate levels of support to the business priorities.
To mirror evolving business priorities, finance needs to act quickly to determine its strengths and skills and identify its weaknesses.
Finance can achieve these goals by addressing the following areas:
- Emphasize advanced training. Everyone in finance should get the training needed to support the increased strategic involvement of those in key advisory roles and to ensure a clear organizational structure.
- Identify and eliminate blurry lines. There are often blurry lines between the role of finance strategists and operations at the lower levels of an organization, leading to tension and confusion.
- Nurture ties with business decision makers. Fostering ties for finance with senior business decision makers requires emphasizing finance’s potential as a strategic advisor, rather than a time-intensive obligation or a final check.
- Implement efficient tools and technologies. Finance should be proactive about initiating the development or better use of tools and technologies to help advance structure and organization.
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- Anne C. Ilsemann
Partner — Americas Advisory
Ernst & Young LLP
+1 212 773 7129
- Thomas G. Cucuzza
Americas Advisory Finance Competency Leader
Ernst & Young LLP
+1 248 797 5078
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