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Business Partnering: The changing role of finance in Government

Public Finance & Deloitte supplement

Background

Many finance functions across sectors have spent the past few years supporting cost reduction programmes and driving their own operational efficiencies with new finance models – and nowhere more so than in the public sector. There is now, however, a real opportunity for finance leaders to renew their focus on how they can add value to the organisation and become more effective strategic partners.

One response to this challenge is to maximise the contribution of finance business partnering to their organisation, increasing capability in an area that private sector organisations have developed over the past decade or so.

Deloitte was pleased to host a round table discussion on these topics in conjunction with Public Finance magazine. The event, attended by finance leaders in government, explored future finance models, the potential to develop business partnering further and how best finance functions can continue to evolve to support organisational objectives.

The event was documented by Public Finance magazine in this supplement.

Key findings

The round table built on the understanding Deloitte had gained from its work across Government and running the Future Finance Leaders Programme (in conjunction with the Government Finance Profession). It is clearly recognised that the influencing and relationship management skills of finance leaders and team members are fundamental to ensure finance adds real value, and these are core capabilities for business partners. Finance is no longer just a numbers game.

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Business Partnering: The changing role of finance in Government (PDF)

 

 

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