The Controllership Series - The Controllers Role in Strategic Thinking and Advising - Part 1

Overview

The strategic controller helps leadership decide what should happen, not just explain what has already been done.  The controller often acts as the enterprise translator between strategy, operations, and financial outcomes.  This can sometimes appear to be accuracy-focused and not necessarily decision useful insight.  Controllers must move away from just variance explanation and include performance interpretation. To do this, the controller must understand business models and value drivers, be able to translate strategy into financial growth and align KPIs with strategic priorities.  Part of this process includes understanding concepts of root-cause analysis vs. surface-level variance analysis.  It also includes understanding correlation vs. causation in financial data.  Within this segment we will review all of these concepts and controllers will come away with insightful ideas regarding how to elevate their roles.

Delivery Method: Individual webcast

CPE Credit: 1.8

Program Level: Basic

Highlights

• Controller Management
• Financial Strategy
• Strategic Thinking
• Critical Thinking
• Financial Judgment

Prerequisites

None

Designed For

Controllers and financial personnel

Objectives

• The controller’s strategic role
• Strategic thinking for controllers
• Critical thinking and financial judgement

Preparation

None