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How Network Rail has created a finance team ready for the future

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Global Business Events - the Heart of your Network.
Global Business Events - the Heart of your Network.

Network Rail has transformed its finance team to be ready for the future by developing new strategies, systems, and processes. It centralized activities, reporting, and processing while creating local business partner roles. This allows for consistent processes, quality outputs, and customer feedback. Looking ahead, Network Rail will further develop its finance team to be more transparent and accountable by devolving responsibilities, supporting major infrastructure projects, and enabling faster travel like leaving Glasgow at 6:45am and arriving in London by 9am.

Economy & FinanceBusinessEducation
1 of 14
How Network Rail has created a finance team ready for the future Patrick Butcher, Group Finance Director, Network Rail
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Network Rail ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Number of trains
Network Rail finance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Our targets for the control period
Our strategy for success Translated for finance Systems Processes People Corporate Strategy Stop the rot One company, one way Delivering value
We faced many challenges ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Our systems have been the foundation ,[object Object],[object Object],[object Object],[object Object],[object Object]
The rise of the business partner
Why is this important? Quantitative skills Qualitative skills Data capture Reports Insight Impact Analysis Comfort Zone Value Influence
Business partnering in finance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Looking forward ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Ready for the future Birmingham New Street King’s Cross Thameslink
And a bit further away ,[object Object]

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How Network Rail has created a finance team ready for the future

  • 1. How Network Rail has created a finance team ready for the future Patrick Butcher, Group Finance Director, Network Rail
  • 2.
  • 3.
  • 4.
  • 5. Our targets for the control period
  • 6. Our strategy for success Translated for finance Systems Processes People Corporate Strategy Stop the rot One company, one way Delivering value
  • 7.
  • 8.
  • 9. The rise of the business partner
  • 10. Why is this important? Quantitative skills Qualitative skills Data capture Reports Insight Impact Analysis Comfort Zone Value Influence
  • 11.
  • 12.
  • 13. Ready for the future Birmingham New Street King’s Cross Thameslink
  • 14.