Survey Identifies Priorities for CFOs in 2023
90% of respondents evaluating functional strategy and design.
80% of 157 CFOs plan to either lead or be significantly involved with setting finance’s technology strategy and road map.
77% of 157 CFOs want to improve staff engagement.
Streamline Employee Operations
Rethink Work Architectures To Increase Value
Defining and designing enterprise capabilities fit for the digital era.
In addition to conventional routines, having the option to add further measures to expand when and where work is performed and how and what missions are to be executed can further utilise technology and cross-functional teams. Pooling resources together that delivers optimum results.
Ultimately there are many tried and tested evidence-based models that can provide useful insights during the designing phase of a requirement-driven performance model.
Well-designed innovative work models deliver ultimate choice, agility and adaptability for mission-critical applications. Enabling a robust environment for a hybrid workforce to thrive within, leveraging tailored work models and cloud-based solutions to solve distinctive challenges.
Transition from a limited use of automation to widespread automated adoption and release business value through technology and further implement automation for repetitive tasks in order to free up employees to focus on strategic decision making.
Designing systems from the ground up provides a window of opportunity to strategically pivot and build an architecturally robust workforce model for a post-covid era, positioning your workforce to better withstand future disruption.
Autonomy And Customisation
Empowering teams to personalise self-governing environments to best achieve the desired outcomes in the most effective manner. Re-engineering processes to make them more lean and agile.
The Power Of Choice
Leveraging digital tools and agile work models to execute tasks helps to mobilise workforces, increase employee output and withstand disruption in the form of hybrid operating models.
Identify areas that can benefit from a flexible mix of digital functionalities that is better designed to meet employees needs in order to drive productivity.
Cost Effective Training
Promote business activities, employee behaviour and values that supports strategic goals and objectives through training staff on new improved adopted practices.
Break functional silos to ensure end-to-end ownership of results, giving better insights into performance.
Expand autonomous environments for better team autonomy and shift functional hierarchies to team-centric work models.
Start with the customer, work backwards and craft excellence
Structured, strategy-driven investments in the technological advancements of core value streams.
Data captured for measuring performance is critical to the workforce decision making process, providing management with the insights to make more informed evidence based decisions. Also providing staff with real-time metrics on where they rank in terms of productivity, encouraging a culture of employees with continuous incentives to strive to do better. Developmental programs can also benefit from performance related data needed to better align employees with training programs with the aim of improving team effectiveness and driving growth.
Capture the effectiveness of how employees adapt to unexpected change in operational environments. Possible actions worth monitoring and including in the design process are but not limited to the ability to produce a high level of work output, cope with work pressure, handle crisis situations, solve problems creatively, learn new tasks, procedures and skills and propose new effective ways of working and participating in change initiatives.
Robust & Agile Work Models
Significant market disruption and the inability to sustain high-level operations should act as a catalyst for change. Work models should be designed with the capacity and flexibility to withstand turmoil. Early investments in new technologies and keeping pace with computational improvements can help combat unbeknown vulnerabilities that unravels during disruptive periods.
Increase Remote Work Capacity
Transition from a centralised authority, micro-managed structure to streamlined teams with increased autonomy and transparency in response to increased remote working networks. Aiding the process of transforming necessary workforce shifts formed to solve specific difficulties. Some cases have led to a devolution of decision authorities and an increase in trusting employees, which many figures show has proven to increase productivity and decrease staffing overheads.
Path To Operational Maturity
Build the agility and resilience needed to keep generating greater overall business value.
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