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- Title
Transforming the Finance Function.
- Authors
Goldstein, Thomas M.
- Abstract
The article discusses some ways on how to transform the finance function from a task-based organization into a strategic contributor to a bank's business. The transformation of a finance department was initiated by CFO Tom Heagy and the author, who investigated some problems by creating a series of staff sessions that will seek to obtain employees' perspective. The meetings intend to find out what the employees' want from the management team. Changing the culture in finance made them much more important contributor to the future of the bank.
- Subjects
BANKING industry; FINANCE; EMPLOYEES; ACCOUNTING; FINANCIAL executives; CHIEF financial officers; FINANCE departments
- Publication
Bank Accounting & Finance (08943958), 2004, Vol 17, Issue 6, p13
- ISSN
0894-3958
- Publication type
Article