Finance and Innovation: Reinvent Your Organization and Dept.

Overview

Innovate or die is more than a catchphrase, it is a fact. The tsunami of innovation relentlessly coming to our businesses, teams, markets and to accounting will not stop. Innovation is one of the most desirable traits, but how do we innovate? We will discuss how your company can foster, nurture, encourage and sustain innovation - and give you an action plan. Technology has significantly changed what we do and how, and this will not stop. What are the negative consequences of failing to innovate? To remain relevant, we must re-think accounting’s role and how our organization innovates - or not. The status quo will go - we must embrace innovation so you and your company can thrive.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this course include:

• What is innovation?
  • The different forms of innovation, e.g., sustaining and disruptive.
• The five discovery skills needed to be innovative?
• The value of why we need to find ways to say, “Yes!”
• How to change your processes, rules and departments to be more innovative?
• Lessons learned from innovative businesses with examples.
• How does innovation happen and how to make innovation stick?
• The need to improvise and embrace broad experiences.

Prerequisites

None, preferably six months of professional financial statement analysis experience and/or at least six (6) months of professional experience in preparing or reviewing accounting processes and reports; experience working with internal clients or external clients and business leaders is desirable.

Designed For

Financial leaders, financial managers, CEOs, CFOs, controllers, accountants, board members, advisors, and consultants; CPAs in public practice and CPAs in industry; business owners, entrepreneurs and professionals who are interested in realizing more profitability.

Objectives

After attending this presentation, you will be able to...

• Recognize that every successful organization must innovate to survive.
• Assess methods to become more innovative.
• Analyze the difference between disruptive and sustaining innovation and why it matters.
• Foster and build innovative organizations and departments.

Preparation

None