The impact of automation on shape and structure of finance
Taught by Hugo Newman · AI tutor support included
Understand how automation is transforming the finance function from traditional hierarchical structures into specialised, segmented frameworks that prioritise strategic value creation. Explore the shift towards shared service centres, new organisational models like diamond and pentagonal structures, and how digital transformation is reshaping finance professional roles to focus on insight generation and strategic decision-making rather than routine operational tasks.
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In this lesson
- 0:00 Introduction to Finance Automation Impact
- 1:07 Evolution from Hierarchical to Segregated Structure
- 1:56 Understanding Shared Service Centres
- 3:04 Digital Age Reshapes Finance Structure
- 5:38 Exploring Strategic Leadership in Finance
- 8:15 Value Partnering and Engagement Systems
- 9:56 Insight Generation and Interpretation
- 11:12 Operational Functionality and Data Extraction
About this lesson
Discover how automation is reshaping the finance sector, evolving from traditional hierarchical structures to a more segmented and specialised framework. This video delves into the transition towards shared service centres and the increasing reliance on automation to perform routine tasks, thus narrowing the roles of finance professionals to focus on strategic decision-making and value creation. Viewers will gain insights into the impact of digital transformation on the finance function's shape and structure, exploring new models like the diamond or pentagonal shape which signify the automation of lower-level processes. Watch to understand the future of finance in the digital age and how professionals can adapt to these changes for strategic advantage.
Duration: 13m
- Automation impact on finance structure
- Hierarchical to segregated organisational models
- Shared service centres
- Diamond and pentagonal organisational shapes
- Strategic decision-making vs routine tasks
- Digital transformation in finance
Transcript
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