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Finance transformation and risk

Leading the change

27th Sep 2023
Finance teams connect all functions, giving them a key role in fostering a culture that enables change, innovation and creativity.

At a glance

  • Drive successful change using practical insights and real-world examples
  • Draw on the advice of experts in the field of change
  • Help build agile, adaptable and resilient organisations
The management of change has a reputation as challenging. It is hard to do well. It takes time. Yet in a world of constant change, it cannot be ignored.

There are several trends impacting the way in which leaders should approach the management of change. Some of these arise from changes in the ways that we work, others are driven by technology, and some are a combination of the two. 

In a series of interviews with experts in the field of change, this report explores the following nine trends and provides examples of things that should be considered when leading a change programme:

  • Part of organisational culture
  • Agile is a reality
  • Different aspirations
  • Digital first and hybrid
  • Human approach
  • Mental health and well-being
  • Data driven approach
  • Digital adoption
  • Managers step up.

Three key messages from this report:

  • Change is now a constant in organisations. The effective leader embraces this when driving the strategic direction and managing the fears.
  • Accountancy and finance professionals have a key role in supporting successful change as their roles pervade much of the organisation. Establishing a culture that delivers agile change is essential.
  • Respect the differences in how each of us reacts to change and assist each other accordingly. Adjusting to working in a changing world is everyone’s responsibility.

It is through practical stories that we can learn from others. This is a message that is not lost in the world of change management. It reflects the strength of expertise across the membership and how we can all learn from shared experiences.

Helen Brand OBE

Chief Executive, ACCA

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