Eikbosserweg 250
1213 SE HILVERSUM
Bart Vermaas
+ 31 (0)6 10 03 94 98
bart.vermaas (a) cfopartners.nl
Ross Paterson
+ 31 (0)6 46 70 59 85
ross.paterson (a) cfopartners.nl

Wie doet het

 

PROJECT:
Financial Responsibility

Organon

Erwin Bosch, Head of Accounting: "As Rabobank we wanted to bring our reports on financial responsibility "from transaction to legislation" to a high standard of transparency and future stability.

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Too much management information can be confusing

Our rich and varied experience has taught us that the successful implementation of a project depends on the finely tuned balance between three variables. These three variables are the foundation on which we build our plan on how to tackle a project. We are also convinced that our personal enthusiastic "get it done" mentality is a crucial factor for success.

  1. CONTENT – Define the management information that gives insight as to whether the strategic goals are being realised and that the overall profit of the company improves. A golden rule in advance: make decisions as to what information is relevant. Too much background information can mean losing track of the key issues.
  2. PROCESSES – Embed the management information within the planning and control processes of the whole organisation. Appoint someone who is responsible for a particular task and who contributes to the improvement initiatives set out to reach the desired results.
  3. TECHNIQUE – Mobilise information technology to deliver the right information at the right time with the right amount of detail in order to facilitate the planning and control process.

How can this approach be implemented in your situation? We welcome your ideas and would like to exchange thoughts with you.

"Team efficiency is the most underestimated value driver in Finance