Finance transformation: making it work.
Journal of Accountancy › Vol. 183 Nbr. 1, January 1997
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Summary
Includes related articles on the use of workshops and confronting resistance to change - Members in Business and Industry
Gaining support from both upper management and lower-level staff is essential to successfully reengineering finance departments. Constant communication and employee involvement in implementing change will improve the chances of success. To sell the transformation to senior management, a plan must be developed and benefit estimates should be provided. Some employees will always resist change, but efforts should be made to ensure that a majority of staff support the changes.See the full content of this document
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Finance transformation: making it work.
Motivating your company to embrace change.
When your finance department reengineers its processes, it is important that employees are prepared for the changes--poorly planned financial transformation programs hurt employee morale and production. To be successful, the CPAs in charge of quality improvements, such as controllers, must manage the human side of finance transformation constructively by gaining the support for change from both lower-level staff and upper management. This article explains how CPAs who sell the benefits of change will gain the employee support you need to implement more efficient finance and accounting methods. SELLING CHANGE Your role as project or team le...See the full content of this document
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