Why do finance professionals need to achieve a balance between being task focused and people focused...

70.2K

Verified Solution

Question

Operations Management

Why do finance professionals need to achieve a balancebetween being task focused and people focused in order to supportthe effective implementation of organisational strategy?
Why are the following environmental analysis tools :PESTLE, SWOT and VRIO useful for organisations to predict the needfor change within their organisation?
What is organisational culture? How can financeprofessionals encourage diversity, inclusivity and collaborationwithin the finance team?

Answer & Explanation Solved by verified expert

4.0 Ratings (494 Votes)

1 Finance professional has the responsibility to tackle the whole of the financial process of the organization and also the work is towards the meeting the shareholders good all the money should be used judicially without any embezzlement and fraud so the greatest level of the ethical professionalism is being required in carrying out the finance work The work can be either of auditing or investment management etc so a high level of people management is also required in the line of the profession they have to maintain the confidence of the public that their money is in safe hands and for the See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member