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Towards Boundaryless Finance...
…Realities & Way Forward
4th Finance Leadership eSummit
19th July, 2021
Ravi S Ramakrishnan
 Setting the Context
 New Realities
 Way Forward
3
Boundaryless...
…Beyond Boundaries
The only way to achieve the Impossible is
…to Believe it is Possible
4
Rapid Changes & Radical Execution
Due to Technological Jump
Leapfrogging
New
Operating
Model
Fit for Purpose in the New Age, Grabbing
Business Opportunities to Deliver Value
Beyond RPA….
…Combine Data & Digital
Beyond Tech for Finance…
…Financing Technology for Business
Beyond Finance…
…Cross Functional Interdependence
Beyond Skillset…Mindset
&
Beyond….How?
Combine Data & Digital
o Finance, Tech & Data Partnership
o Automation & RPA, Data Visualization
o Real Time User Friendly Dynamic Dashboards
o Algorithms / Demand Models for Decision Support & Business
Technology for Business – Digital is New Normal!
o Judicious Investments in Technology for Finance & Business
Cross Functional Reach
o Connecting across Disciplines Key! Blurring Boundaries
o Finance Talent & GBS Service Delivery Models shifting…
New Realities…
• Calendar Vs Real Time……..Self Service: Two Way Adoption
• Scenario Planning on Tech Impact! Lead the Change for Business!
• Compliance & Control to Service & Competitive Advantage
• MDM – Not Just Managing Masters! Managing Data
• PMS – Emphasize ‘Collaborative’ ‘Tech Savvy’, & Flexibility’
• Talent to Contribute to Value: Communication, Influence, Impact
Right Talent & Mindsets …Scarcer than Capital
Way Forward: 7 Habits for Finance Professionals
Connect with New Tech & Innovators Beyond Your Company - 10@10
Behave like your Customer – Think Speed, Think Mobile
Find a Reverse Mentor
Develop Digital Talent Team
Sweat the small stuff … on Customer Experience
Up the ‘Metabolic Rate’ of your Meetings & Plans
Get Comfortable being Uncomfortable!
Future Uncertain? Think Probabilities & Prepare for it!
Right People & Technology; Vision & Culture to Execute!
Realities in Focus; Steer the Change for Way Forward!
Boundaryless Finance: The New Normal
“The best way to predict the future
… is to create it.”
Thank You

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Towards Boundaryless Finance

  • 1. Towards Boundaryless Finance... …Realities & Way Forward 4th Finance Leadership eSummit 19th July, 2021 Ravi S Ramakrishnan
  • 2.  Setting the Context  New Realities  Way Forward
  • 3. 3 Boundaryless... …Beyond Boundaries The only way to achieve the Impossible is …to Believe it is Possible
  • 4. 4 Rapid Changes & Radical Execution Due to Technological Jump Leapfrogging New Operating Model Fit for Purpose in the New Age, Grabbing Business Opportunities to Deliver Value Beyond RPA…. …Combine Data & Digital Beyond Tech for Finance… …Financing Technology for Business Beyond Finance… …Cross Functional Interdependence Beyond Skillset…Mindset & Beyond….How?
  • 5. Combine Data & Digital o Finance, Tech & Data Partnership o Automation & RPA, Data Visualization o Real Time User Friendly Dynamic Dashboards o Algorithms / Demand Models for Decision Support & Business Technology for Business – Digital is New Normal! o Judicious Investments in Technology for Finance & Business Cross Functional Reach o Connecting across Disciplines Key! Blurring Boundaries o Finance Talent & GBS Service Delivery Models shifting… New Realities…
  • 6. • Calendar Vs Real Time……..Self Service: Two Way Adoption • Scenario Planning on Tech Impact! Lead the Change for Business! • Compliance & Control to Service & Competitive Advantage • MDM – Not Just Managing Masters! Managing Data • PMS – Emphasize ‘Collaborative’ ‘Tech Savvy’, & Flexibility’ • Talent to Contribute to Value: Communication, Influence, Impact Right Talent & Mindsets …Scarcer than Capital
  • 7. Way Forward: 7 Habits for Finance Professionals Connect with New Tech & Innovators Beyond Your Company - 10@10 Behave like your Customer – Think Speed, Think Mobile Find a Reverse Mentor Develop Digital Talent Team Sweat the small stuff … on Customer Experience Up the ‘Metabolic Rate’ of your Meetings & Plans Get Comfortable being Uncomfortable!
  • 8. Future Uncertain? Think Probabilities & Prepare for it! Right People & Technology; Vision & Culture to Execute! Realities in Focus; Steer the Change for Way Forward! Boundaryless Finance: The New Normal “The best way to predict the future … is to create it.”