Yes, because …
Data-driven vision leads to pragmatic
Conservative which reduces risk
exposure of the company
Details + logic enable flexibility
All activities becomes accountable
No, because ….
Not sensitive to people care and people
Only look at figure on every paper and
less patient enough
The figure cannot be creative itself, it is
only a tool for revelation of the reality
The figure cannot tell how to re-
structure the organization, it can only
tell whom is not qualified to work on
But problem is usually originated from
improper construction of platform
Theory of Constraints (TOC)
1. Identify the system’s bottlenecks
2. Decide how to exploit the bottlenecks
3. Subordinate everything else to the above
4. Elevate the system’s bottlenecks
5. If, in a previous step, a bottleneck has been
broken go back to step 1
The rate at which the system
generates money through sales
Production not sales is inventory
Things in system intended to
Money spent to turn inventory
TOC process steps are to answer
What to change?
What to change to?
How to cause the right people to
make the change?
Do you think …
The lack of financial knowledge
is the bottleneck of your
personal career development
and your organizational
development as well
Warning! Bottlenecks never stop moving!!
Create the platform of socialization within
the organization (Organizationalisation)
Principles to assimilate
Data first, Modeling second, Action third and
Operation for Financials!!
Like a society, there are 3 classes
The middle level is the solid citizen
Interpret the objectives from the senior level
and convert to action
Provide concrete instruction to working level
Liberal Education nurture all-rounder
Cohesiveness & Affinity
What can line up people?
What can persist relationship/alliance?
In what way can you earn respect?
Why people break up in an
People quit people, not company!
How critical financial knowledge to Gen. Mgt?
Let you look at detail while doing macro-
Clear objective criteria to measure
• Reward people for their effort in the past
• Emphasize on future result of rewarding to drive
people to do better
Should always be distrusted, in whatever
hands it is placed
Sir William Jones
Exclusive possession of knowledge creates
power with the possessors
Power distance inhibits square exchange
of idea, knowledge, respect and trust
Good player of figure is short-lived power
Attachment of self-rejection
Not voluntary, therefore, no giveaway
Appreciation helps relax hostility,
emotional argumentation and leads to
Challenge the orthodox
Surfacing the dogma
Finding out the absurdities
Going to the extremes
Searching for the “and”
Is finance operation one of the Orthodox?
Secularization of Knowledge
Finance & Accounting
Should we secularize hierarchy?
Figure/Index can serve as the basis of
It also represents being entrusted with
expected result (of course, reasonable
Principal & Agent need the bridge
A tool to bridge different functions to
Good use of it can help empowerment
How to permeate your advocates
Articles contribution to internal periodicals
Talk the walk
an integrating discipline
relying on collaboration of functions
Manufacturing is .....