1 / 7

FMI PD Presentation Providing Strategic Value

This presentation provides an overview of the DCFO Council, addressing critical issues that keep DCFOs awake at night. It emphasizes the crucial attributes needed to deliver strategic value and discusses the council's objectives, including representing the DCFO community independently, influencing policy development, and sharing best practices. Current challenges include reporting burdens, lapsing funds, and the need for improved strategic thinking capabilities within the finance community. The "Active Career Management" pilot is introduced, aiming to enhance the skills of FI-03s and FI-04s through structured mentorship and varied departmental exposure.

thane
Télécharger la présentation

FMI PD Presentation Providing Strategic Value

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FMI PD Presentation Providing Strategic Value

  2. Presentation Overview • Introduction to DCFO Council • Issues that may keep DCFOs awake at night • Attribute most needed to provide strategic value • DCFO Council pilot to develop this attribute

  3. DCFO Council Objectives • Speak as an independent voice on behalf of DCFO community • Influence development of central agency policies • Share best practices in the finance community • Strengthen capacity in the finance community

  4. Current Issues • Reporting burden • Lapsing funds at year end • Impact of Directive on Travel, Hospitality, Conference and Event Expenditures • Internal services incremental funding requests

  5. Capacity for strategic thinking • Competency area in which DCFOs believe the FI community requires the greatest improvement. • FI-03s and 04s are technically sound, but lack the behavioral competences required for good leaders, and in particular the capacity for strategic thinking, analysis and developing viable options.

  6. “Active Career Management” Pilot • Selected FI-03s and FI-04s provided an EX level mentor. • Assigned on secondment in two different departments and, if possible, in financial services functions new to them. • Spend one year in each department experiencing a full cycle in each financial services function. • Return to home department.

  7. Questions?

More Related