Signal ABB runs a 50-to-60-person senior finance program on a train-the-trainer model

Summary

Deloitte reports how ABB approaches internal training for finance under CFO Timo Ihamuotila. He argues that the most effective training begins with senior leaders delivering it directly to their own teams. ABB runs a senior leadership program that brings together between 50 and 60 of its most senior finance leaders. The program aims to ensure that finance professionals develop skills in line with the current talent market. Participants then become trainers themselves, an approach the company calls train the trainer. They teach their own teams or cover specific subjects, such as new tools arising from the finance transformation program.