Reorganizing the Finance Department: Managing Change and Transitions

Reorganizing the Finance Department: Managing Change and Transitions

  • Case
  • Teaching Notes
Abstract

The finance department of a growing foods company is about to reorganize to provide better support to internal business leaders. Formerly organized in a functional structure according to professional knowledge areas within finance (such as tax and accounting), the new teams will be organized by the units of the business they support. The new department will be downsizing in this transition, with fewer manager roles and fewer financial analysts. Students are asked to analyze the major changes in the transition, and to create a transition plan that considers staffing of the new organization as well as the timing and communication steps.

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