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KPMG outlines how successful finance transformation programmes are structured focusing on reporting, process, people and technology to create a Target Operating Model that sets out management’s scale and ambition for change.
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Connected 2012 features interviews with many alumni including: Leslie Ferrar, Treasurer to The Prince of Wales; Joseph Wan, CEO of Harvey Nichols; Mark Donnelly, CFO of The Football Association; and Frank Bandura, CFO of Carluccio's Ltd.
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In the 21st century, I believe the fight for equal rights will take its most daring and revolutionary turn yet and that this will be played out in the workplace.
Generation Z will be more educated, well-travelled and more technologically capable than any other generation. They will bring astounding analytical minds, instant global networks and fresh foresight which companies will crave for and invest in.
But Gen Z will not tolerate traditional restraints imposed by fixed capitalist rules or regulations. I believe that their entry into the workplace will eradicate conventional management authority and hierarchy. Gen Z’s sense of loyalty and ownership to their company will push them to demand full equal voting rights. Decisions will no longer be made by elite cliques of detached directors. Energetic round table debates amongst knowledgeable employees followed by democratic voting will set all future strategic, targets and policies.
I predict the management power structures we know today will cease to exist. Real power will be when management truly lets go. So what will become of our redundant board and in particular our abandoned CFO? Most likely the CFO will still exist, but not as a single person. The CFO will live in the intellect, enthusiasm and responsibilities of individual Generation Z employees hungry for their companies to succeed.
I believe Generation Z will grow to resemble an army of mini-CFOs who will revolutionise traditional capitalist models, redefining the 21st century as the century of genuinely empowered employees.
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