our shared vision. our ambition.... to create a finance function that is...... best suited to wales...
TRANSCRIPT
Our Shared Vision
Our Ambition....
To create a Finance Function that is......
Best suited to Wales but comparable with the best
anywhere
Source: NHS Wales Finance Staff Development Database Census 2014
700 people
About half of us are qualified accountants or
technicians
More than half of us are women
What does NHS Wales Finance look like?
We also work closely with staff in Accounts Payable, Audit and Payroll
More than half of us are over 45 years old
Most of us have worked in the NHS for more than 10 years
We have 69 people studying
Most of us work in management accounting
Over 100 of us could retirein next 5 years
40% have been in same role for more than 5 years
Source: NHS Wales Finance Staff Development Database Census 2014
Finance Function and Finance Staff
Development Workshop
February 2015
What you said....
From the record of the staff event
You asked DoFs to:
Create Space
Provide Resources
Set an Example
You said finance should be about adding value:
F I N A N C E
ADDING
VALUE
What DoFs said....
Our collective commitment
to you
Some quotes from DoFs at the Shared Vision launch
“I am heartened to see such commitment and enthusiasm from
Directors of Finance and from staff at all levels to developing the finance
function for the whole of Wales. Our Shared Vision is something we have
being working towards for a long time and it's really exciting to see
many of our projects and programmes launched today.”
“We are doing this not because it’s a mandated part of our job ...but because we recognise its importance, its our professional responsibility to the people we support.”
“This is an exciting development for our profession. We need to ensure we are appropriately skilled in order to provide the necessary support, advice and leadership in these austere times. This programme of learning and development shows our commitment to provide a sound platform for this to be achieved.“
“This is a movement that includes everybody and not led by a few”.
“We’re building a place where people will want to work and practice and get support to do it.”
Dof Declaration – Core Showing my commitment to the Vision for NHS Wales Finance - Finance Adding Value - by: • leading by example through engaging
with Finance Academy and Finance Staff Development (FSD) Group
• demonstrating enthusiasm for its aspirations and activities
• contributing to FSD website, social media and other communications
• leading by example in demonstrating the values and behaviours expected of all staff within NHS Wales with the expectation that my team will follow
• encouraging my team to self-nominate as champions for Finance Adding Value
• encouraging my staff to proactively engage with clinical, other and finance colleagues across NHS Wales and within my organisation
Volunteering to support delivery by: • providing people / piloting opportunities
for Finance Adding Value projects and initiatives
• supporting individuals to offer skills / time in getting involved in local and national activities
Creating space and resource for my team to participate by: • aligning my team's agenda with the direction of
Finance Adding Value • encouraging my team to engage with the FSD
website, social media and other communications
• creating the headroom and space and support to our ambition around Research
• supporting personal development of individual members of staff, including development opportunities, PDPs, secondments, mentoring etc
• encouraging my team and staff to take the patient perspective and be client focused
Sharing ideas across the NHS finance community by: • sharing existing good practice and new
initiatives • supplying news and information and keeping
colleagues informed by making access to current Finance Training and Development material and evidence
• contributing ideas for new initiatives, new skills and competencies
Dof Declaration - this is personal
Add text as per your Dof declaration
Insert pdf image of your DoF’s signed declaration
Some of the words used by DoFs about NHS Finance and the work we are doing
together on our Shared Vision
We want you hold us to account
“Let us be judged by our actions. Commitment is more than
words, its about walking the talk.
We need to know if your DoF isn’t playing their part.”
Putting it all together
Who we are and who we work with
Partners and Stakeholders
Welsh GovernmentWelsh GovernmentOther NHS
professional groupsOther NHS
professional groups
Clinicians and service managers
Clinicians and service managers
Academic and research
organisations
Academic and research
organisationsNHS staff who
use finance systems
NHS staff who use finance
systems
Public and private sector partners
Public and private sector partners
NHS finance staff
NHS finance staff
Wales Audit Office
Wales Audit Office
FSD Group
Directors of Finance
DoF Sub Groups
Staff and student
reps
DoF Sponsors
HFMA Wales Branch
Accounting bodies
NHS Wales Finance Academy
Programme support
Welsh Government Director of Finance
Health & Social Services
Chief Executive
Group
Student Focus Group
Charlotte MoarSharon LloydJeni Brown
ProgrammeSupport
Hosted by NWSSP
People
Innovating and adding value
Partnership
Excellence
Vision for NHS Wales Finance
developing our
People
driving
Excellence
Finance AddingValue
working in
Partnerships
Innovating and
adding value
NHS Wales Finance Objectives
Developing our peopleDof Sponsor: Russell Favager
Great place to work Creating the head spaceCreating the right environment for change – values and behaviours
Talent pipeline for all finance rolesTraining and development programme
Innovating and Adding ValueDof Sponsor: Alan Brace
Planning and horizon scanningResearch and innovation
Benchmarking and sharing best practice Value and evidence based decision making
Evaluating and balancing risk
Working in PartnershipDof Sponsor: Rebecca Richards
Customer focus - putting the patient first Understanding the business and influencing the agenda Developing effective partnerships across the wider public and private sectorsEnsuring all staff who work with finance have the right skills to do so
Driving ExcellenceDof sponsor: Steve Webster
Excellence in core financials – doing the basics brilliantly
Streamlined processes and systems – Once for WalesEmbracing technology and informatics Valuable business partner
Finance Adding Value
Sponsor: Martin Sollis
NHS Wales Finance Deliverables and Timeline 2015-2017
Developing our People Great place to work
Creating head space
Values and behaviours for
change
Talent pipeline Training and Development Programme
Timeline Launch
date
Directors of Finance Declaration Sept 2015
DoF Sponsors and Staff Champions: individuals from across the function volunteering to lead or champion different parts of Finance Adding Value From Sept
2015
FSD training and development programme: offer opportunities to all groups of staff Sept 2015
Mentoring: offer all staff the opportunity to have a mentor from within the finance community Sept 2015
Coaching: signpost formal coaching and mentoring opportunities provided by partners Sept 2015
Student Network and Annual Conference: supporting prospective/current students and newly qualified staff Nov 2015
Secondments & shadowing: developing a framework within NHS Wales and with external partners Nov 2015
Finance Staff Census and Survey: ongoing collection of key information about finance Annual
Supporting CPD: support organisational accreditation with accounting bodies. Work in partnership to signpost and develop CPD activities. March 2016
Financial Management Graduate Training: re-launch the graduate finance training scheme Sept 2016
NHS Wales Finance Deliverables and Timeline 2015-2017
Innovating and Adding Value
Planning and horizon
scanning
Research and
innovation
Benchmarking and sharing best practice
Value and evidence based
decision making
Evaluating and
balancing risk
Timeline
Launch date
Finance Academy Awards: sharing and recognising good practice from within our own finance community June
2015
Finance Academy Event: the theme for the next conference is Innovation and Excellence Feb 2016
Research and innovation grants: creating small grant fund within Finance Academy and signposting external sources of funding
Feb 2016
Embedding research and best practice skills for all staff: for example, specific objective as part of PADR, FSD training programme
Feb 2016
Research development opportunities with Welsh and UK Universities: including internships, research projects, research and benchmarking skills training
Feb 2016
Scope opportunities to work with local, national and international research and innovation organisations: including 1000 Lives Plus, ABi, FFF, Nuffield, Harvard
Sept 2016
Specific priorities for research, best practice and benchmarking: to be developed by DoF sponsor and DoF sub groups
Sept 2016
NHS Wales Finance Deliverables and Timeline 2015-2017
Working in Partnership Customer focus and
putting patient first
Understanding business and influencing
agenda
Effective public and
private sector partnerships
Right skills for staff
who work with
finance
Timeline
Launch date
Finance Academy Structure: clarity for staff and partners about structure and access to Finance Adding Value activities Sept
2015Communication Strategy: develop effective communication and engagement with all staff, customers and partners. Expand communication. tools and enhance communication role of FSD leads
Oct 2015
Welsh Government, Wales Audit Office and other public bodies: develop opportunities for staff to better understand the wider public sector; for example joint training, secondments
Nov 2015
Finance for Non Finance Staff: develop a suite of resources and tools to up-skill staff who use finance systems and who make decisions about finance; e.g. Training for Independent Members, and support e-learning packages
Sept 2016
Developing closer links with clinicians and service managers: gather information about our service from customers through common core survey questions; develop action plan to engage with clinician sponsor
Mar 2016
Explore opportunities to further develop partnerships with other non-clinical professions within NHS: for example: informatics, planning, workforce, HR
April 2016
Continue to develop partnerships to develop Finance Adding Value: for example accounting bodies, HFMA, universities, private sector
Ongoing
NHS Wales Finance Deliverables and Timeline 2015-2017
Driving Excellence Excellence in core
financials
Streamlined processes and
systems
Embracing technology/ informatics
Valuable business partner
Timeline
Launch date
Technical webinars and update training: to be developed by technical groups and delivered through FSD programme; explore opportunities to link with WAO and external partners
Dec 2015
Baseline /maturity matrix: use a structured tool to identify where we are in terms of technical excellence and agree where we want to be, so we can develop a prioritised work programme
March 2016
Improvement skills: signpost and facilitate access to Improving Quality Together, and scope opportunities to work with partners to develop skills of finance staff
March 2016
Streamlining processes: DoF sponsor and DoF sub groups to identify 2-3 key processes as priority pilots June
2016Finance Forums: use FSD website, and other technology enabled tools, as mechanisms for sharing and discussing topics of common interest across Wales
June 2016
Business Partners: support pilots being developed by individual finance teams, and in collaboration with other organisations and across multi disciplines
June 2016
Performance, planning and informatics: scope opportunities to work with other professions to develop common tools and develop wider skills
Sept 2016
Developing core finance skills: update core competencies matrix, using More Than a Number and national core skills frameworks for finance; work with accounting bodies and HFMA to understand how current training syllabus and CPD meets core skills; inform ongoing FSD programme
Sept 2016
The finance development group (FSD) is supporting “Developing Our People”
Some of our early start projects
The FSD Finance Staff Database Census completed in 2014 has informed much
of our programme
Working with HFMA to develop a finance staff training programme Opportunities for all staff Complementing local and HFMA branch activity First six months programme developed 2 year programme being developed
NHS Wales Finance Staff Mentoring Scheme developing mentoring skills within finance in order to offer a mentor to all staff who want one
Supporting everyone who is studying for professional and technical examsStudent focus group with
representatives from each organisation to develop ideas for student network
Student reps on Finance academy and FSD group
First student conference in Nov 2015
Supporting apprenticeships and work experience
Re-launch Finance Management Graduate Training programme - Autumn 2015
How you can get involved
It’s up to you....but some ideas include:
Become a staff champion and / or volunteer for one of the projects being developed in each of the four objective themes Developing our PeopleInnovating and Adding ValueWorking in PartnershipDriving Excellence
Research into something that interests you and share within your organisation and the rest of Wales – why not enter the Finance Academy Awards next year
Write an article for the FSD newsletter or websiteBecome a mentor and give something backLink in with your DoF, FSD lead and student rep to find out
what’s going on and to share your ideas with them
• Monthly newsletters• Twitter @NHSWalesFSD
• Websites
internal - nww.fsd.wales.nhs.uk
external - www.financeacademy.wales.nhs.uk
• Annual NHS finance staff event• Feedback through your FSD leads / Student reps /DoFs
• What else would you like?
Comms - are we engaging you?
Getting in touch
• Our FSD lead is..... Insert local name• Our student rep is.... Insert local name
Finance Academy contact details• [email protected]