Creating a Strategic Plan for Finance Transformation

The video tutorial discusses strategic planning using a maturity model, focusing on finance functions at different levels. It explains the transition from Level 1 to Level 2, the benefits of a Level 2 finance function, and the ambition of achieving Level 3 world-class finance. The tutorial emphasizes the importance of team engagement, accountability, and the rock, pebble, sand framework for prioritization. It concludes with guidelines for implementing the TGIF plan to ensure successful finance transformation.

Explain the importance of team engagement in setting objectives for the finance function.

What role does accountability play in the finance transformation process?

What challenges might arise when trying to implement multiple initiatives at once?