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Finance and governance are not the gatekeepers of innovation By Adam Branson on 18/12/2020 Team work and collaboration is the key to unlocking innovation. Credit: George Becker/Pexels At a recent event, senior leaders discussed how governance and processes can support new thinking. While siloes can be problematic, COVID has shown that collaboration is key. Adam Branson reports “Finance and governance are sometimes seen as the enemy, the gatekeeper or the judge of people who are just trying to get something solved,” said Matthew Rees, director of regulation and economics at the Single Source Regulations Office in the UK. “The procurement and the commercial team need the help, they need their colleagues to work with them to get the right solution,” he added. “That needs to be capable of being inspected – and scrutiny is important – but it’s the teamwork that brings it all together rather than an adversarial relationship, which doesn’t work very well.”

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