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High Performing Finance Organizations (HIPO) Program

In 2015, the IATA Financial Committee identified that becoming a High Performing Finance Organization (HIPO) is key to airlines achieving sustained financial health.

The HIPO Program includes 5 streams impacting different aspects of the airline finance function with goal of turning participating airlines into a HIPO.

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The Finance function plays an integral role in fostering financial health within the airline by aligning the organization behind financial targets. For Finance to become high performing and be able to assume this critical role, it needs to embark on a journey that will take it from transactional management to value management. Value management enables the Finance function to be the airlines' trusted guide to sustained financial health via activities such as business partnering, decision support, and enterprise risk management.

Being a HIPO benefits both individual airlines and the industry as a whole.

For individual airlines, developing a team of value managers supports financial sustainability. In fact, according to the Organizational Health Index, High Performing Organizations in the top quartile have a 3-fold probability of delivering returns to shareholders, compared to organizations in the bottom quartile.

For the industry, having value managers in airline finance functions is a key enabler for a more efficient delivery of industry projects. This will be achieved via their active participation in IATA Working Groups.

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