Footnote:
In: EAPJFRM, Volume 7 Issue 4 (2016)
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 20, 2016 erstellt
Description:
This study investigates the role of the finance function in strategy execution and considers to what extent and how the finance function can be configured to support the business and add value. Seven generic roles of the finance function are identified. Desirable skills and competencies of the finance executive are also noted. The business and finance views on the relevance of the roles and competencies are gathered and evaluated. The results confirm that the finance function has a strategic role, but that it is situation dependent and that the extent to which the seven generic roles are employed varies across businesses and among executives. An implementation and change management program is suggested to reconfigure the finance function to live up to business expectations