This tool outlines questions to consider for effectively managing all essential elements of organizational change in an executive sponsorship.
Questions to consider include: What is your finance function cost as a percentage of revenue? Do you know why your cost may differ from the first quartile threshold of 1% of revenue? Have you attempted improvement initiatives that did not generate the desired outcome? Do you measure process performance? If so, what is the trend and how do you reinforce the desired behavior? Does your change strategy include communication, skill assessment and training?