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08 June 2015

Is your Finance function breaking away from the pack?

By Andrew McCorkell I have been running Finance Effectiveness Benchmarking for PwC for seven years now. Each project provides clear evidence and data to help the client understand the “size of the prize”, where to focus and what to do. It’s powerful stuff – often controversial, sometimes with some difficult...

08 May 2015

Breaking through the glass ceiling? Getting more women into senior Finance roles?

By Charlotte Houston Everywhere you turn these days there seems to be something in the press about gender balance on boards and diversity in the UK. In 2011, Lord Davies set down the gauntlet by challenging the FTSE 100 to progress from 12.5% representation of women on their boards to...

22 April 2015

Securing the people you need to succeed

By Sam Waller The disruptive forces that are transforming economies, customer expectations and social attitudes are also reshaping the talent needs within finance. From hyper-connectivity and the customer expectations to a global middle class that is set to grow by a billion by 2020, this is an age of transformation....

26 March 2015

Are Insurers adding too much cost to Finance under Solvency II?

By Alec Whiting Is Solvency II adding a layer of cost to your Finance organisation design? Surely the answer is of course, but is it costing more than it should? Many insurers are still significantly reshaping their organisation design in order to allow for the increased burden of Solvency II....

19 March 2015

Failing to control costs? You need the 5 components of “ownership!"

By Stephen Benham Most organisations struggle to exercise cost management in a sustainable way. Cost management often manifests itself in cyclical cost cutting initiatives, often using value destroying slash and burn techniques, also known as the Attila the Hun method of cost control. My belief is that these dramatic initiatives...

26 February 2015

The innovation paradox: how technological advances are transforming business and the role of Finance

By Jemma Ingham It is clear that innovation presents the Finance function with both threat and opportunity. 73% of finance leaders believe that digital developments will change how their firm does business. In the face of all this change, Finance professionals still puzzle over two fundamental questions: How can we...

24 February 2015

How finance can wrest back the innovation initiative

By Rob Smith In a world of hyper-connectivity, fast-shifting customer expectations and new competitive threats, financial services’ (FS) drive for innovation needs to be stronger than ever. While a lot of what FS organisations are doing doesn’t make the headlines, many of the companies we work with are looking to...

12 February 2015

Disruptive technology: By the time you notice it, it’s probably too late!

By David Doyle “The greatest shortcoming of the human race is our inability to understand the exponential function,” said the great American physicist, Albert Allen Bartlett. The specific focus for Professor Bartlett’s remark was the threat to sustainability created by population growth. But this shortcoming could equally apply to the...

17 December 2014

Five reasons to analyse airline profitability at the flight level

By Steve Benham Airline clients often ask me: why Flight Route Profitability (FRP), that is, profitability reporting at the flight level rather than the route level? Where an airline is only running Aircraft Round Trips (ART) once a day on a particular route the flight cost from one day to...

04 December 2014

Seeing it from all sides: How decisions change when you have different information to hand

By Tom Beagent Imagine you’re setting up a brewery in an African country. Cereal is of course one of your biggest needs. So where do you source it from? The simplest answer would be bringing in the cereal from where it’s cheapest on the global market. But is this the...