Wherever you’re heading next, we can help you get there.
After your first months in your new role, you will have gained the insight you need to define where you want to take the finance function. You can now start to invest more time in strategic planning.
Contents
In this insight, part of our guide to navigating your first 100 days, we focus on how to drive meaningful transformation without losing control of pace, cost or value. Visit the hub for insights on navigating risk, building trust with your team, and more to help shape your first few months with confidence.
Accelerating transformation
At this point, you will almost definitely be looking to make changes. Where transformation is needed, it’s important to ensure any acceleration of delivery is carefully controlled.
Work closely alongside your leadership colleagues to review the extent of your business’s transformation plans, alongside business-as-usual change, to ensure that both the costs and benefits have been baked into your business plan. The value this will bring must be rigorously reviewed.
You will also have to consider the type of transformation you can afford to do. Are you cash abundant and less concerned about payback periods of change? Or risk-averse and only focused on fundamental change that keeps the business running in its steady state?
Clarity on this will help your senior leadership team take collective accountability for change initiatives. Positioning Finance as a key driver in accelerating transformation plans will help you be clear on what to start, stop, and continue to get there.
First-hand insights from finance leaders:
“To really understand the company’s culture and identify your key stakeholders is essential, because this will shape how you work and how the company develops over time.”
Sian Cutter, Finance Director, drivvn
“In the first 100 days, make fewer changes than you might think. Take the time to build a complete picture before driving significant change, and sequence improvements properly once you understand what really matters.”Pablo Shorney, Finance Director at Dudley’s
“Finance functions are good at adding things, but they aren’t great at taking things away. Change is also about stopping some things too.”Matt Wakerley, CFO, Inspiretec
Getting support for your next steps
As a finance leader in an entrepreneurial SME business, the demands on you are rarely straightforward.
With specialists in financial reporting, tax structuring, technology, system transformation, M&A and transaction advisory, and risk and assurance, we can help you build a finance function that is fit for where your business is today, and wherever it needs to go next.
Whether your next steps include preparing for investment or exit, strengthening internal control, optimising your tax position, or simply ensuring your finance function keeps pace with the demand of the business, we bring the technical depth and commercial judgement to support you at every stage.
