Local government faces severe funding squeezes leading to challenging times ahead. This means that directors of finance, chief executives and members of the management team will all need to draw on their skills as leaders if they are to successfully deliver public services in the future.
Increased devolution of services and control is an important part of this challenge and leaders have to develop strategies for a delivery landscape that will look very different from the one that operates now. There is no longer an acceptance that one size fits all, and the individual deals being negotiated emphasise this new approach.
Working with Grant Thornton, we have recently produced an insight that captures the challenges faced by finance leaders. Within Skilled Up: What the Finance Leader Needs to Know we consider a handful of thematic shifts that start to describe good leadership in today’s public sector:
There has also been acceleration in the development of new and alternative delivery models, such as local authority trading companies, leading to a far more mixed economy of service provision. Many modern organisations also focus on co-production and co-creation with local communities and partners. A blend of the skills required to deliver well, commission effectively and operate commercially are must-haves for the leaders of the future.
These themes and many other are explored within the Skilled Up: What the Finance Leader Needs to Know report, which can be downloaded on the CIPFA Thinks Insights main page.