| CIMA launches Centre of Excellence |
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| Thursday, 18 October 2007 | |
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The Chartered Institute of Management Accountants (CIMA) is teaming up with the University of Bath to launch the CIMA Centre of Excellence at the University's School of Management. New layer.
The Centre will conduct independent research into best practice in the development of finance professionals to maximise the value they add to their organisations. The results will enable employers across the globe to identify practical ways in which to drive their finance functions forward and help to shape plans and strategies to implement change in light of ongoing finance transformations around the world. Research will be carried out with the input and participation of the global business community making it highly relevant to employers on an international scale and the Centre will work on several streams of research at a time. After the first year of research, results will be disseminated via an annual report. More specialised reports, relating to geographical areas or business sectors, will also be created along with articles, papers and related conferences. Gordon Grant , CIMA President, said that the global business community is well aware that finance transformation is not only taking place but that it is also continuously evolving. "CIMA has invested in the Centre to provide organisations around the world with cutting edge research into how to develop their finance professionals in line with the ongoing pace of business change," he said. Robert Jelly , Director of Education at CIMA, explained that the research developed by the Institute's collaboration with the University of Bath School of Management will chart the future of the finance function and provide organisations and employers with independent, international data that is both practical and relevant. Dr Philip Cooper, Director of the Centre, said that he was not aware of another professional body and academic institution having come together to investigate these issues with such a focus on financial professionals. He said that there was a "definite sense of uniqueness" in this enterprise. "The CIMA Centre of Excellence at the University of Bath School of Management will undertake a comprehensive research programme to investigate the knowledge and skill needs of finance professionals, how these develop over their careers and best practice in meeting these needs so that the finance function maximises the value it adds to its organisation. These are not static issues and the research will encompass expected future developments in the roles of finance professionals and the finance function as their operating environment changes." Related links |
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