Transformation capabilities: Finance (LGA)

Created By:  thumbnail Guy Head
Last updated: 04 Mar 2024
Guide

Finance for transformation includes setting project and programme budgets, monitoring spend, and applying commercial acumen to the assessment of transformation initiatives.


What is finance for transformation?

The ability to accurately understand and model costs, set budgets, monitor and forecast spend at an organisation, service, project, and programme level to mitigate any risks to the financial integrity of the organisation.  

In the context of transformation, this includes setting project and programme budgets, monitoring spend, and applying commercial acumen to the assessment of transformation initiatives.  

Category: Change approach » Service focus Characteristics » Managing expenditure Characteristics » Managing income