If you are thinking deep on some of these By challenging business line leaders about value creation opportunities, the CFO helps the company develop a value-oriented vision for its target operating model. 0000584697 00000 n 0000551303 00000 n In finance transformations, CFOs have a strong chance of identifying and managing related risks. The finance department’s to-do list is shifting, and so is the role of the CFO. 新型コロナウイルスの感染拡大により、深刻な世界的リスクに対するレジリエンス（回復力）の必要性があらためて浮き彫りになりました, 過去10年間でビジネスにおける勝者の顔ぶれは大きく変わりました。これからの10年間で成功へのカギはさらに大きく変化していくと思われます。急速に進化する環境で成功するために、リーダーは自社にどのような準備を整えるべきでしょうか。2020年代に勝利をおさめるためには何が必要なのでしょうか。, アジャイルを効果的に取り入れる方法を見つけだした大企業は、アジャイルチームを組織に上手く融合させるために注意を払いながら、アジャイルの原則を適用しています。大規模なアジャイル変革を成功させる5つのカギを紹介します。. Earlier in her career, she held CFO positions at Walmart International and GameStop, among other 0000560473 00000 n During solution development and implementation, the CFO should assess the transformation through a value lens, especially if it is not meeting expectations for impact and project teams are not able to make course corrections to get it on track. The assessment took into account the development of costs over time as well as the maturity of existing improvement initiatives and their potential impact. To maintain a relentless focus on value creation, CFOs must play an important role in each phase of a transformation. 0000543134 00000 n We analyzed the sources of value creation for a sample of more than 700 large public companies in Europe and North America from 2011 through 2016. xref The CFO’s Vital Role in Corporate Transformation. Implementing transformations and evaluating the return on investment has become increasingly complex, however. Blog by CFO Rethink on common Accounting, Finance and Transformation solutions for SMEs and important blind spots to look out for. 0000584282 00000 n 0000003516 00000 n Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. CFO transformation Over the past twenty years a significant number of transformation programs have evolved that focus on systems, tools and processes in order to improve business performance. The reason we think CFOs and their associated CXO teams need to get a really good sense of where the value is in digital-analytics transformation is to get more thoughtful about resource allocation. 0000543623 00000 n In addition, the CFO designs the governance for the transformation, aiming to provide insight into the development and maturity of projects and promote accountability. The greater scope of responsibilities makes CFOs uniquely well positioned to understand the sources of value, set fact-based improvement targets, optimize resource allocation, and ensure accountability for results. 0000018981 00000 n In the role of chief performance officer, the CFO ensures a successful transition from the definition of the master plan to the execution of it. In fact, I partner closely with our CIO, Chris Bedi , to ensure that ServiceNow prioritizes and funds digital transformation programs that increase customer success, unlock productivity, and drive ROI. stream Partnering for Performance. <. 0000001361 00000 n The role of today’s CFO is changing. While continuing to serve as the financial face of their organization, CFOs are evolving to become digital transformation leaders within their companies, leaders that can bring an international perspective, a strong understanding of operations, and the ability to drive value through the use of data and analytics. Chegg CFO: How Existing FinTech Partners Bolster Digital Transformation By PYMNTS 60 60 PYMNTS.com PYMNTS Posted on November 20, 2020 November 19, 2020 3:56 pm %PDF-1.5 By Shishir Agarwal, Ketil Gjerstad, Håvard Kalland, Matthias Krühler, Marc Rodt, Alexander Roos, Teemu Ruska, and James Tucker. 0000599360 00000 n To enable the CFO to assume an expanded role, most companies will need to strengthen the finance function. In defining the master plan for a global industrial company’s transformation, the CFO collaborated with the CEO to prioritize 50 improvement topics. 0000551550 00000 n This includes exploring the critical connection points between finance and IT that can help their departments better meet business goals. Most recently he was CFO and chief operating officer at Qontigo and previously a CFO at Axioma. What changes in a transformation— and why it matters to CFOs. The CFO also fostered stakeholder alignment—first by working closely with the executive team and top management and then by communicating the case for change and the improvement initiatives to the broader organization. CFO Insights January 2020. If a transformation is already under way, the CFO should be alert for inflection points that could be opportunities to significantly influence the program’s impact. The need for an activist CFO has become clear as companies increasingly consider transformations to be an essential part of their efforts to adapt to fast-changing markets and outperform their peers. CFO 3.0: How digital transformation can improve financial reporting Sage’s CFO 3.0: Digital transformation beyond financial management research revealed that nine out of 10 senior financial decision-makers in South African businesses play a vital role in their organisation’s digital transformation. 日時 2019年5月29日（水）15：00－17：00（開場14:30～） 会場 Galleria 商. Tokyo 東京都千代田区丸の内3-1-1 国際ビル1F 主催 一般社団法人日本CFO協会 協賛 BOARD Japan株式会社 定員 30名 対象 CFOおよび経営企画・経理 In other types of transformations (for example, moving from traditional automobile manufacturing to developing digitally-equipped and driverless vehicles) there may be new risks that emerge, such as cyberthreats and data privacy breaches. <>/Outlines 125 0 R>> 0000584255 00000 n They also need to define metrics for tracking and evaluating the impact of these changes from the perspective of value creation. endobj 0000002994 00000 n CFO 3.0: Beyond finance To fully understand this shift from CFO 1.0 to CFO 3.0, Sage commissioned a study, CFO 3.0 – Digital transformation beyond financial management, that helped us to identify the opportunities and %%EOF The CFO agenda: Digital delivered, episode 3 | Organizational agility This edition takes a deep dive into organizational agility; what it means to be an agile finance organization in the COVID-19-driven new reality and beyond, and what it takes to become one. Recently, a global telecom company launched a large-scale cost improvement program in response to slowing growth. In defining the master plan for a global industrial company’s transformation, the CFO collaborated with the CEO to prioritize 50 improvement topics. Our research and CFO Transition Labs™ have helped us identify seven major risk categories that can impede transformations. For example, the CFO can support a new CEO or other new members of the executive team in understanding the company’s cost structure, performance development, and ongoing improvement initiatives. 0000573266 00000 n The reviews set clear expectations regarding the corrective actions that would be taken if progress fell short of targets. All rights reserved. To provide a fact base, the CFO conducted a systematic appraisal of baseline performance. Successful digital transformation within the enterprise requires collaboration between CFOs and CIOs. In this expanded role, CFOs promote value creation by serving as strategic advisors to business leaders, overseeing performance across the organization, and communicating a persuasive equity story to investors. 0000000015 00000 n The CFO’s performance, like all members of the executive team, is measured against the success of these company-wide initiatives and plays a proactive role in driving progress. BCG research has also found that value creation is highly correlated with margin expansion. In defining the master plan for a global industrial company’s transformation, the CFO collaborated with the CEO to prioritize 50 improvement topics. With/Afterコロナを生き抜くためのCFOアジェンダとDigital Transformation With/Afterコロナ環境下で、CFOが取り組むべき短期的・中長期的な取組み事項と、ニューノーマルの時代に目指すべき財務経理のデジタル化の方向性について解説し 0000010829 00000 n These programs were initiated to bring about long term and persistent changes. 451 0 obj Furthermore, the assessment results helped the CFO explain the transformation’s objectives to investors during the company’s Capital Markets Day event. Are both renowned business leaders with extensive international experience in transformation projects in capital investments, M a... Out the transformation will boost the company is struggling to meet shareholder expectations, ensuring into. And managing related risks total transformation—inspiring complex change, followed by sales growth, change... Tsr performance was margin change, and driving bottom-line impact Director, Center for Excellence. Digital world telecom company launched a large-scale cost improvement program in response to slowing growth over as. 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