A Comprehensive Overview of Your Team's Competencies
Our skills assessment process provides a rich, comprehensive view of your team’s strengths and weaknesses. By individually examining the key components of your finance function, we help you understand the areas your team excels in and the ones they need to improve. Once the assessments are completed, we aggregate the results, providing you with a thorough understanding of your team’s capabilities.
The Skills Assessment Competency Frameworks
Our finance team skills assessment methodology has been designed in collaboration with leading CFOs to provide focused coverage across the whole finance team. We have five individual competency frameworks covering Finance Leaders, Financial Controllership (technical, FinOps and controller roles), FP&A, Business Partnering, and Finance Transformation.
The frameworks are broken down into nine competencies each containing five key skills, with an assessment against four levels of expertise.
Completion of the skills assessment provides both individualized reports and aggregated summaries identifying key skills gaps compared with industry benchmarks and your future finance vision.
Our frameworks and ratings narrative can also be incorporated into your recruitment, performance management, career development and retention strategies. Company-branded and tailored versions can be created for you upon request, which can then be integrated into your platform.
Aggregated Team Competency Report
In addition to individual personalized reports with peer group benchmarking across the 45 skills, we assess your finance teams against industry benchmarks and your future vision for financial excellence.
We provide you with summary and detailed output reports, together with observations on your finance function skills gaps, both within your current requirements and for the future evolution of finance functions.
How does the finance team skills assessment work?
Book a Discovery Call – determine your timeline, key requirements and desired approach by booking a free discovery call with one of our team.
Consultation Workshop – an in-depth discussion to allocate frameworks, design the communication strategy, finalize the project plan, and determine reporting.
Team Skills Assessment – each team member completes their recommended competency framework with detailed guidance, support and oversight.
Results Presentation – GrowCFO provides tailored insights and recommendations on your team’s capabilities, skills gaps, and learning requirements.
Finance Team Learning Plan
GrowCFO’s tailored learning plans comprise a powerful combination of collaborative peer group programs, focused professional mentoring and self-paced learning materials to address any skills gaps and support your team’s development journey towards achieving your future vision for finance excellence
Our recommended learning plans typically include the following activities: