RESEARCH & PUBLICATIONS

The role of financial leadership in sustainable public finances

  • Jan 2018
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • International

This special report explores the role that leaders in finance can and should play in sustainable public finances. Finance leaders need to have both a strategic and a detailed understanding of how government works and be effective communicators and influencers to help shape policy and debates. It is therefore important for such leaders to have a combination of soft skills as well as the detailed technical skills. The report provides insights on:

  1. The importance of having finance professionals as leaders in the public sector.
  2. What a successful finance professional leader should look like and the specific skills/qualities that they need to have.
  3. The challenges that finance professional leaders within the public sector face and how they can tackle them.
  4. How a finance professional leader can make an impact in government so that people listen when they speak.
  5. How governments can ensure that they have the right people in place for these leadership positions.