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  • Writer's picturePaul Gravina

Business Financial Analyst and Cross-Functional Teams

Organizations that are serious about forming successful cross-functional teams can try this formula during the planning stages:

• An experienced, trained leader who has worked with multidisciplinary (waterfall, XP, agile, scrum) teams in the past and has experience in both the potential and challenges that each framework introduces.

• Team members who have had training in some of the frameworks and coinciding skill sets can anticipate both cultural and practical management crises.

• Functional departments that are flexible enough to provide technical and management support to the team and are not territorial with their knowledge and expertise, success means success for the whole business.

Business Financial Analysis can provide a number of supportive techniques to cross-functional teams:

• Business Financial Analysts can help a cross-functional team draft a clear vision statement with detailed goals.

• Business Financial Analysts can also train Project Managers to recognize and solve leadership crises by working as coaches rather than bosses. Communication and a thorough understanding of every team member's role, skill set can help management steer clear of leadership crises.

• Business Financial Analysts can train team members to develop good communication and problem-solving skills so the effects of interpersonal conflicts amongst the team or teams can be minimized.

Owls Nest Capital ideas on working with cross functional teams
Business Financial Analyst and Cross-Functional Teams

Owls Nest Capital uses cross functional teams for financial projects
Cross-Functional Teams Diagram

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