Category Archives for Business Partnering

The Most Important Thing You Can Do To Be A Better Business Partner

What’s the number one thing you can do to be a better finance business partner? From my perspective and from talking to literally hundreds of people in workshops, the one thing that’s going to make the biggest difference to you being a more effective business partner is to spend more time out in the business. Understanding the […]

Continue reading

Being A Better Business Partner

Business partnering in finance and other functional areas like IT, procurement and HR is becoming more and more common. This is in part being driven by advances in technology. But also by functional professionals themselves wanting more rewarding work. And let’s not forget the changing demands of business itself. Of course being a business partner is a whole lot […]

Continue reading

Focus On Your Role As A Finance Business Partner

The Finance Business Partner model is being implemented by many organisations. The aim is to create a role where the focus is more on working with the business to support the delivery of business results. In reality the Finance Business Partner is pretty broad and includes:Providing the expert advice.Facilitating discussions, decisions and actions.Influencing strategy.Bringing insight.Contributing way beyond […]

Continue reading

Making The Right Interventions As A Finance Business Partner

As a finance business partner you wear many hats and play many roles. A lot of your time the focus is on adding more value. Whether that’s through insight, advice or influence. From time to time you have to switch to the stewardship role. Thinking not just about the areas that you support but the wider organisational interests. Considering the […]

Continue reading

What Does It Mean To Constructively Challenge As A Finance Business Partner

Finance business partnering roles are becoming more and more common. If you are a finance business partner you have the opportunity to do a much broader role. To influence and shape strategy.  To bring insights that help with decision making.  To contribute more to business success. Then there is the other side of the role.  The critical friend.  […]

Continue reading

How Effective Are You As Finance Business Partner?

Finance has evolved a lot in the 40 years since I started out in accounting. Back then engagement between Finance and the rest of the organisation was minimal. Now Finance Business Partnering is becoming more and more common. Not just in big organisations but in smaller growing organisations.  Indeed some might say that those working in smaller organisations […]

Continue reading

How To Constructively Challenge While Maintaining Great Relationships As A Business Partner

The business partner role is expanding in most functional professions, including Finance, IT, HR and Procurement. Most in business partnering roles love the focus on adding more value and being part of shaping success. Of course there’s the other side of business partnering. This when you have to challenge, push back and say things that might not be […]

Continue reading

4 Indicators That You Are On The Right Track As A Business Partner

In Finance and other functional professions like IT, HR and Procurement, business partnering is becoming more common. The idea behind business partnering is that your role changes. Less time is spent on routine activities and more is spent on added value activities. What this might mean on a practical level is that:Finance partners play a bigger role in […]

Continue reading

How To Get The Buy-In From The Business For Finance Business Partnering

Finance Business Partnering is a hot topic among accountants. Many in managing accounting roles aspire to step into the role of Finance Business Partners. As management accountants there may well be many great reasons from a professional and fulfilment perspective why you would want to move to more Finance Business Partnering. To make this a reality is going […]

Continue reading

How To Be More Confident In Board Meetings As A Finance Business Partner

Many management accountants make the step up to Finance Business Partner. In the role of Finance Business Partner you have a much wider remit. You have the chance to make a bigger impact. All well and good you might think. There is of course challenges too. One of these is confidence. What I’ve noticed over the years is that Finance Business […]

Continue reading