Due to the bad weather in Raleigh on 2/19/25 - This meeting is now on zoom - not in person. Please join us on zoom.    

Topic: Taming the Chaos: Delivering Finance Operational Excellence with a Process-Based Framework

A finance leader’s role extends beyond managing numbers. A true leader ensures that the right processes, strategies, controls, technologies, and people are in place to drive accuracy and efficiency, becoming a trusted business partner in guiding the organization toward its objectives.

Finance leaders operate in an increasingly complex and demanding environment. From navigating evolving regulatory requirements and mitigating financial risks to managing operational complexity and ensuring data integrity, the challenges are immense. With multiple systems, silos, and stakeholders, achieving alignment and visibility across the organization can feel like an uphill battle.

To overcome these challenges, finance leaders need to have a detailed inventory of their processes to create transparency, identify inefficiencies, and ensure alignment with organizational goals.

The Process Inventory Framework offers a comprehensive solution to address these Operational Excellence challenges in a unified manner. This session will cover both the theoretical foundations and practical steps needed to deliver on your transformational agenda.

Topics covered:

• Root cause of Operational Excellence challenges
• Why alignment is crucial for transformation success
• How to achieve alignment for success
• Creating a process capability which is key to deliver sustained and value in your program
• How this framework is the sole holistic solution to addressing critical Operational Excellence challenges:
  • Mergers and Acquisitions
  • ERP Implementation
  • Financial Controls
  • Leveraging AI through Digital Twins

Speaker: Michael Schank 

Michael Schank is a distinguished thought leader and executive, specializing in addressing Digital Transformation and Operational Excellence challenges through his innovative, process-based framework. With over 25 years of experience in the Financial Services industry, he has primarily served as a management consultant, empowering clients with forward-thinking solutions in technology, process, and risk and spearheading large-scale business and digital transformations. 

He is the author of the book, ‘Digital Transformation Success,’ in which he introduces his groundbreaking Process Inventory framework. This promises to be a transformative approach to achieving success in the digital era, unlocking unprecedented levels of operational efficiency and strategic alignment. The book is available on Amazon at: https://a.co/d/gHg6BNx