‘THE CFO AS STRATEGIC BUSINESS PARTNER’
by Germon Knoop CFO – Irdeto
The traditional finance teams spend most of their time analyzing historical (financial) data focused on external shareholders like tax and regulatory bodies. However the added value of a finance team should be coming from forward looking analysis, involvement in the strategic planning process, supporting strategic and commercial deals, and understanding the in- and external risks around the company.
A good measurement of how well a company is managed is their ability to forecast results and mitigate risks timely and effectively. Finance can play a pivotal role by implementing an integrated forecasting structure, anticipating deviations on planned performance and reporting these into the business owners. The next and important question is then how do you transform a traditional finance team into a strategic business partner? What capabilities, systems, structures and support is needed to facilitate this? How would you do this in a global company with teams in various locations, time zones and with different business cultures?
What KPI’s should measure this and how do you reflect this in compensation systems for the teams? The workshop will address this in more detail and experiences will be shared on how to effectively transform a traditional finance team into a true business partner
Key ‘take- aways’ from the workshop:
• Understanding of the benefits of the CFO team as strategic business partner
• Guidance in how to transform a finance team into a business partner
“THROWING LIGHT ON THE FUTURE: MEGA TRENDS THAT WILL SHAPE THE WORLD”
by Dorman Followwill EIA Director & Partner – Frost & Sullivan
Dorman Followwill examines the most pertinent global forces that can impact businesses, personal lives, and the next-generation business models for success.
Mega Trends have different meanings and impacts for different industries, companies and individuals. A thorough analysis of these Mega Trends and their implications is a vital component of a company’s future strategy, development and innovation process, and impacts product and technology planning.
Filed under Blog, Delegate, Live