How can we as finance community further facilitate in unlocking growth potential of the organization?

This is a topic close to my heart – How can we as finance community further facilitate in unlocking growth potential of the organization? It is a compelling question and I thought I should pen down my views on this.

What got us here, won’t get us there. Most corporate roles are dynamic, including the finance functions, which have evolved as a pillar of business continuity in the past few years. We have been able to garner reliable roles in management decision and are no more called bean counters. Financial analytics have been able to prove the uncertain dynamics of business functions and finance professionals have proved themselves as true business partners.

Often the nerdy finance crowd is not associated with imagination or innovation, but we definitely add a lot more value is creating the atmosphere that encourages creativity. For a while now financial ingenuity has proved more worthy than calculated risks.

This credit goes to 2 key enablers – Role of digital and talent. We are not yet there but we are on the right path. Some organizations are leaping ahead whiles others are catching up. It is now time to gear up and pull up your socks; the early bird catches the worm. Sometimes I’m asked ‘when is this going to happen?’ For me, it is happening NOW, and for you it is on your door step. So if you don’t adopt the changes that will facilitate in unlocking it’s value, you will be in front of the bus instead of riding in it.

Stay tuned for my next blog on Digital and Talent.

Sudeep Agrawal

Chief Financial Officer at Philips India Limited

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