IATA approves finance transformation initiative
IATA has decided to make the transformation of airline finance divisions one of its major objectives, after gaining broad industry support for this initiative. The High Performance Organisations (HIPO) concept for airline finance was one of the main issues debated at IATA's annual World Financial Symposium held Sept 21-23. During a series of meetings at the symposium, airline executives agreed that HIPO should become part of the official IATA policy agenda. As a result, the HIPO goal will be added to the 4 actions previously identified by IATA to help the industry achieve sustained financial health. IATA's HIPO program will be aimed at enhancing the capabilities of finance departments so they can play a much greater strategic role in airline management. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-09-26/general/iata-approves-finance-transformation-initiative
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IATA approves finance transformation initiative
IATA has decided to make the transformation of airline finance divisions one of its major objectives, after gaining broad industry support for this initiative. The High Performance Organisations (HIPO) concept for airline finance was one of the main issues debated at IATA's annual World Financial Symposium held Sept 21-23. During a series of meetings at the symposium, airline executives agreed that HIPO should become part of the official IATA policy agenda. As a result, the HIPO goal will be added to the 4 actions previously identified by IATA to help the industry achieve sustained financial health. IATA's HIPO program will be aimed at enhancing the capabilities of finance departments so they can play a much greater strategic role in airline management. <br/>
