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Partnering for Performance: Unleashing the Power of Finance in the 21St-Century Organization - Hardcover

Martin G. Mand; William Whipple III

 
9780814405567: Partnering for Performance: Unleashing the Power of Finance in the 21St-Century Organization
Hardcover
ISBN 10: 0814405568 ISBN 13: 9780814405567
Publisher: Amacom Books, 2000

Synopsis

When it comes to setting a company's competitive strategy, few departments can have a greater impact than the finance department. And yet financial divisions in most companies operate as separate entities, uninvolved in helping to achieve long-term business goals. It’s time to take off the “green shades” and get ready for a radical change. This forward-thinking book – based on the more than 50 years’ combined experience of two financial practitioners – helps CEOs, CFOs, bankers, accountants, and other financial professionals completely redefine their roles, turning the finance department into an integral part of the organization’s growth strategy and a partner in its business plan. “Partnering for Performance” moves beyond traditional tools and skills to uncover a wholly NEW way of thinking about finance – where the real impact of products and services is accurately measured and business plans are analyzed for their ability to increase value for shareholders. And the book presents its ideas in a way that is compelling, easy to read, and instantly applicable to your own organization. In today’s complex financial world, issuing “report cards” on groups and divisions – or sending out the usual belt-tightening mandates – is a hopelessly outdated model. “Partnering for Performance” helps your department become a strong ally and powerful asset for achieving true competitive advantage.

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About the Author

When it comes to setting a company's competitive strategy, few departments can have a greater impact than the finance department. And yet financial divisions in most companies operate as separate entities, uninvolved in helping to achieve long-term business goals. It’s time to take off the “green shades” and get ready for a radical change. This forward-thinking book – based on the more than 50 years’ combined experience of two financial practitioners – helps CEOs, CFOs, bankers, accountants, and other financial professionals completely redefine their roles, turning the finance department into an integral part of the organization’s growth strategy and a partner in its business plan. “Partnering for Performance” moves beyond traditional tools and skills to uncover a wholly NEW way of thinking about finance – where the real impact of products and services is accurately measured and business plans are analyzed for their ability to increase value for shareholders. And the book presents its ideas in a way that is compelling, easy to read, and instantly applicable to your own organization. In today’s complex financial world, issuing “report cards” on groups and divisions – or sending out the usual belt-tightening mandates – is a hopelessly outdated model. “Partnering for Performance” helps your department become a strong ally and powerful asset for achieving true competitive advantage.

From the Inside Flap

REVIEWER COMMENTS:

"The authors' insights into improving business performance are invaluable and make Partnering for Performance a worthwhile read for business executives. The book is well structured, with concise summaries that enable readers to take action on many of the ideas. [The authors'] vast corporate experience shines throughout." -Paul G. Stern, Former Chairman and CEO, Nortel Networks

"These two pros have drawn on their extensive experience to produce an excellent framework for business-financial partnerships. This book provides a teriffic learning opportunity for aspiring business leaders." -Edgar S. Woolard, Jr., Former Chairman and CEO, DuPont Company

"At a time when so many new-economy firms are being created and old-economy companies are restructuring, Partnering for Performance is a must-read for CEOs and CFOs. The authors have written an experience-based, practical guide for building a finance organization that is part of the management team -- one that is not viewed as 'bean counters,' but as 'bean sprouters,' creatively advising management on how to grow the business." -William G. Shenkir, William Stamps Farish Professor and Former Dean, McIntire School of Commerce, University of Virginia

"Partnering for Performance should become compulsory reading for everyone interested in wealth-creation. The close interaction of the finance function with the CEO is a real paradigm for success. Mand and Whipple have had plenty of real-life experience, and the style of their book benefits from this. As their eleventh commandment says: 'Thou shalt not procrastinate in applying the messages of this book as thy competition may have already purchased their own copy.' I say: Go forth and obey!" -Bernard Taylor, Deputy Chairman and Chief Executive, Robert & Fleming Co. Limited

"About this title" may belong to another edition of this title.

Publisher
Amacom Books
Publication date
2000
Language
English
ISBN 10 
0814405568
ISBN 13 
9780814405567
Binding
Hardcover
Number of pages
220