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• finance.academy@wales.nhs.uk