Finance of agile
workshop
Part of our "Stakeholder of agile" series
What can Finance contribute to enhance agility?
Who should participate
Financial Managers and Controllers
Professionals responsible for overseeing financial operations and ensuring efficient management of resources within their organisations.Operational Managers
Managers in charge of day-to-day operations who require a better grasp of how financial strategies impact operational agility and efficiency.Organisational Leaders and Executives
Senior executives and decision-makers who need to understand the broader financial and operational impacts of governance and organisational structure.Anyone contributing to decision making processes
Individuals who analyze company data to inform structure, strategy, and operations, and who need to understand the financial implications of different organisational frameworks.
An Experiential Workshop on Agile Financial Management
This workshop is part of our "Stakeholder of Agile" series.
About the workshop
This workshop leverages the Okaloa Flowlab simulation environment to provide a hands-on experience of value delivery in a project or product organisation specifically from the finance department's perspective.
What will you learn
Impact of Organisational Structures on Financial Performance
Explore how different organisational setups affect financial metrics like costs, fixed assets, and inventory. The focus here appears to be on understanding how structural variations can lead to different financial outcomes, which is crucial for participants looking to optimise or restructure for better financial health and protecting value throughput.Budgeting, Financial Targets, and Authorisation Processes
Delve into the 3 perspectives at the heart of financial management within organisations, highlighting how budgeting and financial targets, along with the authorisation processes, affect an organisation's agility. This is particularly relevant in today’s dynamic business environment, where the ability to adapt quickly can be a significant competitive advantage.Constraints of Traditional Financial Practices
Examine how traditional approaches to finance might hinder the necessary agility. The workshop aims to identify the sources of inefficiencies and propose modern solutions.Governance and Decision-Making
Address governance from a financial perspective, emphasising its role in cost control and a value delivery, creation and discovery perspective, where its role is protection value throughput. Understanding governance not just as a given based on the finance principles but as a critical framework that allows all stakeholders to contribute to value throughput.
Duration and format
Part 1 - setting the scene: 4 hours
Part 2 - the product or project organisation: Full day
Classroom