Building a Best-in-Class Finance Function: Discovery Communications Inc. Case Study

Published On:
November 12, 2012
Authored By:
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The aspirational dimensions of the journey to financial management excellence are characterized by clarity and commitment. The finance vision statement (some call it charter) is a powerful motivating force among best-practice organizations. Employees know what their stakeholders expect from them, and their leaders provide them with the skills and knowledge needed to excel. There is a deep and sustained dedication to talent development, knowledge sharing, and continuous learning.

Discovery Communications Inc. was among seven best-practice organizations studied in APQC's 2012 Best Practices Study Building a Best-in-Class Finance Function. This case study describes how Discovery became a best-in-class finance function.

Topics include:

  • the strategic purpose of the finance function,
  • talent and organizational structure,
  • continuous improvement initiatives,
  • tools and techniques for improvement, and
  • measurement and communication.

Click here to read the full Best Practices Report.