WhartonBC supported the Co-Operative Group’s finance transformation by creating a capability framework for the function, aligning to industry best practice.
When we decided as a Finance function to have a Capability Framework, specifically designed for our Co-op, our Colleagues meeting the needs of our customers and members – it was important we got this right. We enlisted the expertise of the WhartonBC Team. From start to finish the WhartonBC have provided their expertise, experience and knowledge to ensure we get the best capability framework and we’re really proud of what we have achieved with their help. Can’t wait to launch in the coming weeks and hear how our colleagues get the most from it! Thanks WhartonBC.Ambrin Shah, Workstream Lead Finance Transformation, One Co-Op Finance
Using the CGMA framework as a basis and working closely with SME’s in the business, we identified the core and specialist area capabilities needed for the finance function to achieve its strategy. We tailored the descriptions to the organisational context, identifying how the capabilities differ across various proficiency levels. In addition we mapped the proficiency levels to the Finance specialist areas, in order to provide clarity on potential career paths and learning journeys. As part of this process we also made a series of recommendations about how the framework should be launched, and how it should be embedded into core processes including Recruitment, Performance Management, Learning and Development, Career Planning, Talent and Succession and Workforce Planning.