Published: 18 January 2024
Summary
Finance transformation leaders should use this research to see how transformation teams are commonly structured and decide how to structure their teams based on resourcing, internal expertise availability and urgency for transformation.
Included in Full Research
Overview
Key Findings
Four common archetypes for finance transformation team structure exist: (1) part-time team, (2) dedicated team with optional consultant presence, (3) dedicated team with large consultant presence and (4) dedicated team and dedicated finance IT support with optional consultant presence.
Organizations may shift team structure throughout transformation based on how finance’s priorities and resourcing levels change over time.
Recommendations
When choosing a team structure, finance transformation leaders should:
Select a team archetype based on the availability of internal talent, urgency for transformation, cost of transformation and stakeholder expectations for the speed of execution.
Strive to implement archetype 4 — dedicated transformation team and
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