This interactive session outlines the updated DoW Financial Management Strategy, a heightened call to action to achieve real transformation, innovation, and speed for audit and resource optimization. Attendees will receive a high-level overview of the core drivers setting the foundation for this strategic update, including the evolving global threat landscape and the need to integrate advanced technologies. The discussion will focus on how the new strategy will refine and advance the Department’s commitment to strengthening its financial management workforce, enhancing data-driven decision-making, and ensuring fiscal accountability to support the warfighter with maximum effectiveness and audit success.
Learning Objectives:
1. Understand the strategic imperatives and critical drivers underpinning the DoW FM Strategy FY27-31.
2. Identify the key focus areas and priorities to attain audit and operational outcomes for mission
3. Summarize how implementation of the new strategy will advance the FM environment through simplification, standardization, enhanced data analytics and system/process modernization.
4. Recognize the importance of auditability and fiscal stewardship in achieving mission success.
5. Discuss new initiatives for developing a skilled and adaptive financial management workforce.
6. Describe what success looks like and the exciting impacts on your role and responsibilities within the DoW FM enterprise.