E1 overview - shape and structure of the finance function
Taught by Hugo Newman · AI tutor support included
This lesson explores how finance functions have evolved from rigid hierarchical structures to flexible, modern organisational models shaped by automation and technology. Students will understand Mintzberg's organisational theory, contemporary finance structures including matrix and diamond-shaped functions, and how digital transformation enables finance professionals to shift from transactional work to strategic decision-making and leadership.
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In this lesson
- 0:00 Introduction to Finance Function Structure
- 0:28 Mintzberg's Organisational Structure Overview
- 2:09 Traditional and Contemporary Organisational Structures
- 4:18 Shape of the Finance Function in the Digital Age
- 5:46 Operating Levels of the Finance Function
- 7:15 Key Finance Function Components and Responsibilities
About this lesson
Dive into the evolving world of finance functions as this video dissects the transition from traditional hierarchical structures to modern, dynamic models influenced by automation and technological advancements. Explore Mintzberg's organisational theory, the shift towards matrix and diamond-shaped finance functions, and the critical role of automation in reshaping finance roles. Learn how these changes empower finance professionals to focus on higher-value activities, offering strategic insights and leadership. Perfect for those looking to understand the latest in finance function structure and its strategic implications, this video is a must-watch for aspiring finance leaders.
Duration: 8m
- Mintzberg's Organisational Theory
- Traditional vs. Contemporary Finance Structures
- Matrix and Diamond-Shaped Finance Functions
- Automation and Digitalisation in Finance
- Operating Levels of the Finance Function
- Strategic Role of Finance Professionals
Transcript
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