... where visionaries, game changers, and challengers discuss business models
Exploring BM options for trade associations, professional societies & other non-profit entities
Latest Activity: Jun 14, 2016
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I know I am late to this discussion and the timing of your questions, but how did the event go? Have you progressed in looking at the business models of these various business units?
Hi, I'm Graham. I work for the British Council, based in Singapore, covering 14 markets across East Asia. I'm working with my Regional Finance Director to plan an operating model review of our Regional Finance Function. We're already doing work of facts/metrics/design principles etc., to confirm the As is (Today state) of the current regional Finance Team - which we will review/validate and gap analyse as part of the workshop. Day two will focus on the Future (Tomorrow state) and I was going to use the BMC as part of the introduction/entre on day 1. We have a mixed model economy, e.g. our English & Exams BU is largely commercial/revenue generating, which in turn creates surplus to fund the work of our Arts BU. Our third BU is Education & Society, which mostly doest eduction and civil society programmes/projects funded by various donors (as we refer to them) and can include, EU, UKGove, e.g. Department for International Development, Foreign Office, plus many others, e.g. World Bank, WHO and other private funders, e.g. MNCs, banks etc. The goals of the operating model review for the regional finance team is to optimise the model, remove duplicity/streamline transactions and build capability/capacity to better service internal customers (BU leasers) and create efficiencies, manage margin and deliver improved outcomes/impact/reach etc for funder/donor programmes/projects. Part of the capacity/capability building into the new operating model, will include introducing Finance Business Partnering, not dissimilar to a HRBP model. Does anyone in this group have any experience of working with a mixed economic model when using BMC (for an internal professional services function) and any tips/insights you would be willing to share, to help me design and develop a good approach? I'd also be happy to share back learning, lessons and adaptations, what worked etc. Thanks for your consideration. Graham
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