Finance Transformation Consulting

An interesting view of the current Market from Michael Ryan https://lnkd.in/epweZ6NJ

A thought provoking Article about 2 other Articles, where do you think the Finance Profession is heading?

As the new Podcast picks up Momentum Episode 1 is below for those only back from Summer Holidays. Inside Michael Ryan sets the scene whilst moving on to discuss ERP Strategy in the '2nd half'. The new dedicated website is available at https://lnkd.in/ghGRetDt with all 5 Episodes for those out for a longer walk at lunchtime. Best Regards, Finance Transformation Consulting https://lnkd.in/eHzGV5H4

Driving real Engagement on Finance Systems projects - probably one of the toughest challenges in Program Management today. Meet our Panel of experts as Michael Ryan leads a Round Table discussion with Mark Saywell (ERP Strategy), Chris Tomlinson (Program Assurance) and Behavioural Change expert Mark Vincent Have a listen and Part 2 will be available tomorrow. Best regards, Finance Transformation Consulting

As more and more Businesses look to an Interim to lead their Finance Transformations, you need somebody who knows how to work with the Talent at their disposal and not need a large team to help them deliver. This is where front line experience in leading Finance teams comes into its own when combined with a Consulting approach. Just the right balance between the two ensures the right result. Reach out if I can help realise your Finance Transformation ambitions. Best Regards, Michael Ryan https://lnkd.in/eEaHh_kg

P̳l̳e̳a̳s̳e̳ ̳d̳o̳n̳'̳t̳ ̳j̳u̳s̳t̳ ̳l̳a̳u̳n̳c̳h̳ ̳i̳n̳t̳o̳ ̳a̳ ̳m̳a̳j̳o̳r̳ ̳F̳i̳n̳a̳n̳c̳e̳ ̳T̳r̳a̳n̳s̳f̳o̳r̳m̳a̳t̳i̳o̳n̳ ̳p̳r̳o̳g̳r̳a̳m̳ ̳b̳e̳c̳a̳u̳s̳e̳ ̳y̳o̳u̳ ̳n̳e̳e̳d̳ ̳a̳n̳ ̳E̳R̳P̳ ̳u̳p̳g̳r̳a̳d̳e̳.̳ Make sure you have a Framework in place to assess what you are doing holistically, why you are doing it and how you intend to accomplish it. 📌 I wish to cover the topic of 𝐏𝐨𝐝𝐜𝐚𝐬𝐭 2 𝐰𝐡𝐢𝐜𝐡 𝐢𝐬 𝐦𝐲 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 𝐟𝐨𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐩𝐫𝐨𝐠𝐫𝐚𝐦𝐬 and why I use it. I should point out this approach is equally applicable to any Business Transformation or challenge. It is logical and will appeal way beyond Finance Leaders for its application. I get approached by Clients on a regular basis and so I need in the forefront of my mind an 'Assessment Tool' that enables me to quickly determine what stage they are at. Within the Podcast I recommend the 'Project Managers Secret Handbook' first gifted to me at Whitbread 20 years ago. The Quote that resonated with me the most was "If it walks like a Project and talks like a Project, is it a Project?" More often than not due to a 'light touch' approach at Assessment Stage it actually isn't a Project. It is in fact a very large problem which will blow up in about 9 months time. It is human nature to seek the path of least resistance and to advance where possible as far as possible. ✅Define the Problem: Never start a Project with a recent 'defeat', an assumption, a vision of the future or anecdotal evidence. Always start with a clear articulation of the Problem. It will sustain you in the trenches when the 'muck and bullets' are flying in 9 months time. ✅Set the Context: A Problem without a Context quite simply is a moan. I cannot put it any simpler than that. We have 1K Invoices in Query...so what...you process 2m per annum. Context is what makes or breaks a Problem. Define your Operating Model (Current) top down starting with the Business, then 'plug' Finance up into it by People, Process and Technology. Small tip the gold dust is in the Current Operating Model so do not skip this Step. ✅Validation: Sharp intake of breath as you enter the Workshop of Senior Stakeholders...do you actually have a Problem? Sit in the Doctors Waiting Room you will feel the exact same feeling. This is the first real challenge, can you convince a room of your peers there is a Problem, what the size and shape of it is and do they all agree there is a Problem. 🔔Subscribe to my LinkedIn Newsletter for more and check out the 📢 Podcast 'Transform Finance with Michael Ryan' on any of my Channels. You can find Podcasts on critical topics such as Finance Process Redesign, Project Baseline, Program Assurance and my 7 Step Guide to Process Analysis. ▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄ Best Regards, Michael Ryan. Finance Transformation Consulting

In my Program Assurance Episode I reveal how this can be performed across 6 main service requests. The first is below and join me on the Podcast to learn the other 5. To not miss any new Episodes please Follow my Channel on Spotify: https://lnkd.in/gGkDUnee 1. Review of Feasibility Study / Business Case. Clients want a second opinion on one of three critical decisions: (A) Target Operating Model proposed be that Global Business Services, Multi functional Shared Services, Captive Shared Services, Offshore, Onshore or Nearshore, Reshoring or BPO. (B) ERP Upgrade (C) Location Strategy for Finance Target Operating Model These are all major decisions with far reaching organisational consequences. To review and provide a second opinion usually takes one quarter of the initial investment in creating the original Proposal. Read the Newsletter to find out what the other 5 are. Best Regards, Michael Ryan

The latest on Key Trends in a Finance Transformation from those on the front line. https://lnkd.in/ehGcwV_b

Program Assurance with Michael Ryan latest Episode now available to view: https://lnkd.in/eFzjmFMf

The importance of Target Operating Model design and the many options available for consideration. Any video SEO experts out there I would like a chat I have a quick question. Cheers, Michael Ryan https://lnkd.in/emyp89NM