Institute of Management Accountants
Mid-South/Memphis Chapter

August, 2007 Technical Meeting

Presentation Topic:
A Strategic Approach to Key Business & Finance Processes

1. Simple solutions for common management practices that affect financial division productivity
   1. Performance measurement and feedback  
   2. Delegation vs. control
   3. Managing errors
   4. Functional versus people work alignment

2. Establishing an operating vision to align people, process, and technology
   1. creating time to plan
   2. developing vision, required skills, and proper workflow
   3. assessment of skills, systems, process
   4. encourage process improvement philosophy
   5. investing in division

3. Improving month end close and reporting cycles
   1. parallel versus sequential work flow
   2. resource commitment
   3. company relationships
   4. quick hits list for improving month end close cycle

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