Finance Mastery (IV): How High Performers Become Effective Financial Stewards

An effective finance organization is a faithful steward of the general financial health and direction of a company but, more specifically, of its financial capital. Generating returns above the risk-adjusted cost of capital is essential to achieving and sustaining high performance. In fact, recent Accenture research has demonstrated a strong correlation between a high-performance business and mastery of a suite of five finance capabilities that includes sophisticated capital stewardship. More than two-thirds of the finance masters studied scored as pioneers in the area of capital stewardship using Accenture's finance and performance management mastery scale.