The empowered organization: redefining the roles and practices of finance

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Financial Executives Research Foundation, 1994 - Business & Economics - 225 pages
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Today, companies are downsizing not just to cut costs, but because they are redefining their boundaries. Rather than focusing primarily on external forces, such as competition, companies are looking within to define principles & values that will help them develop their own unique capabilities. In embracing new corporate values - most of which describe how people should work together - practices, attitudes & behaviors also had to change. This research report documents how nine companies in a variety of industries articulated corporate principles & values, & how their finance functions responded to the challenge of organizational change. Case study companies include: CoreStates Financial; Corning; W. L. Gore; Harley-Davidson; Geo. E. Keith; Herman Miller; Silicon Graphics, Inc.; Steelcase & Levi Strauss & Co. Excellent supplemental reading for students in business management programs. Order from: Professional Book Distributors, P.O. Box 6996, Alpharetta, GA 30239-6996. Call 1-800-680-FERF or FAX (770) 442-5114.

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Contents

Executive Summary
1
A New Management Paradigm
7
A Model for Implementing Principles and Values
13
Copyright

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