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Finance Vision 2020; The Future Controller Good To Know More Klaasjan Doeswijk 26 June, 2009
Good To Know More; Finance Vision 2020 26 June, 2009
26 June, 2009 Good To Know More; Finance Vision 2020
Introduction Finance Vision 2020 <ul><li>The finance function is transforming rapidly: </li></ul><ul><ul><li>Emerging glob...
We foresee 4 megatrends towards 2020 26 June, 2009 <ul><li>Say goodbye to  blue , here is  green </li></ul><ul><li>Balanci...
0 is about environmentally friendly and the exhausting of natural resources 26 June, 2009 Good To Know More; Finance Visio...
1 is about balancing security and openness 26 June, 2009 Good To Know More; Finance Vision 2020 Records Management
2 is about bringing the real and virtual world more together 26 June, 2009 Good To Know More; Finance Vision 2020
Avoiding the 6- by having a drive for excellence and talent and stopping mediocrity 26 June, 2009 Good To Know More; Finan...
Finance Function Master plan 2020 from trends and drivers 26 June, 2009 What will your CFO do to commit to the 3 times 20%...
Finance Function Master plan 2020 from trends and drivers  26 June, 2009 What will you do as CFO/ controller to balance ou...
Finance Function Master plan 2020 from trends and drivers 26 June, 2009 How will the ever increasing influence of internet...
Finance Function Master plan 2020 from trends and drivers  26 June, 2009 Are you as CFO/ is you organization able to attra...
How could the Finance Transformation journey towards 2020 look like? 26 June, 2009 Good To Know More; Finance Vision 2020
I don’t have a cristall ball … but let’s discuss the questions raised Welke impact zal de toepassing/ ontwikkeling van inf...
Final thought … 26 June, 2009 Good To Know More; Finance Vision 2020
www.capgemini.com/consulting Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group C...
Our next step is to get one level deeper … that’s why we organizing Finance Summit 2009 for coming August 25  <ul><li>Prog...
APPENDIX <ul><li>Good To Know More: The Future Controller </li></ul>26 June, 2009 Good To Know More; Finance Vision 2020
The future CFO will adapt the financial organization to meet the developments in the changing environment  26 June, 2009 C...
The future CFO will become a value partner covering all dimensions of the company 26 June, 2009 CFO perspective People IT ...
The CFO organization offers all its service within a distinct set of roles in order to allow for an optimized interaction ...
The future CFO takes over different roles within the organization 26 June, 2009 <ul><ul><ul><li>Global Information Archite...
The relevant HR processes to support the organizational transformation allow for better employee fit, higher job satisfact...
What do CFO’s think of what they will be doing in 2020 <ul><li>Decision maker at the forefront, to be perceived as a  Chie...
The CV of the CFO in 2020 26 June, 2009 Good To Know More; Finance Vision 2020
www.capgemini.com/consulting Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group C...
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Finance Vision 2020 - the future controller

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Capgemini's Finance Vision 2020 presentation of Klaasjan Doeswijk for the Good To Know More event organized by Randstad Search&Selection on June 26, 2009.

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  • Copyright © 2009 Capgemini. All rights reserved. 26 June 2009 Good To Know More; The Future Controller
  • Terrorisme vs. - Overload aan informatie vs. Uitfilteren wat nodig is - Data security Copyright © 2009 Capgemini. All rights reserved. 26 June 2009 Good To Know More; The Future Controller
  • - Philips iPill - USB wine - 3D printing Copyright © 2009 Capgemini. All rights reserved. 26 June 2009 Good To Know More; The Future Controller
  • Mobility of employees vs. retaining knowledge Talent vs. mediocrity - Copyright © 2009 Capgemini. All rights reserved. 26 June 2009 Good To Know More; The Future Controller
  • Copyright © 2009 Capgemini. All rights reserved. 26 June 2009 Good To Know More; The Future Controller
  • Copyright © 2009 Capgemini. All rights reserved. 26 June 2009 Good To Know More; The Future Controller
  • Transcript of "Finance Vision 2020 - the future controller"

    1. 1. Finance Vision 2020; The Future Controller Good To Know More Klaasjan Doeswijk 26 June, 2009
    2. 2. Good To Know More; Finance Vision 2020 26 June, 2009
    3. 3. 26 June, 2009 Good To Know More; Finance Vision 2020
    4. 4. Introduction Finance Vision 2020 <ul><li>The finance function is transforming rapidly: </li></ul><ul><ul><li>Emerging global markets; </li></ul></ul><ul><ul><li>Advances in technology; </li></ul></ul><ul><ul><li>Changing socio-political landscape. </li></ul></ul><ul><li>Many of these developments will drive the way a CFO works and lives. What is the future role of the CFO in a changing environment? And what will be the role of the controller in the future? </li></ul><ul><li>Finance Vision 2020: “It’s not about the money … show me the value” </li></ul><ul><ul><li>CFO  CVO </li></ul></ul><ul><ul><li>Controller  Business Partner  Value Creator </li></ul></ul>26 June, 2009 Good To Know More; Finance Vision 2020
    5. 5. We foresee 4 megatrends towards 2020 26 June, 2009 <ul><li>Say goodbye to blue , here is green </li></ul><ul><li>Balancing security and openness </li></ul><ul><li>Real and Virtual world </li></ul><ul><li>Drive for excellence and talent and stop mediocrity </li></ul>Good To Know More; Finance Vision 2020
    6. 6. 0 is about environmentally friendly and the exhausting of natural resources 26 June, 2009 Good To Know More; Finance Vision 2020
    7. 7. 1 is about balancing security and openness 26 June, 2009 Good To Know More; Finance Vision 2020 Records Management
    8. 8. 2 is about bringing the real and virtual world more together 26 June, 2009 Good To Know More; Finance Vision 2020
    9. 9. Avoiding the 6- by having a drive for excellence and talent and stopping mediocrity 26 June, 2009 Good To Know More; Finance Vision 2020
    10. 10. Finance Function Master plan 2020 from trends and drivers 26 June, 2009 What will your CFO do to commit to the 3 times 20% objective by 2020 meaning 20% less energy consumption, 20% less CO2 and 20% share of renewable energy? Good To Know More; Finance Vision 2020
    11. 11. Finance Function Master plan 2020 from trends and drivers 26 June, 2009 What will you do as CFO/ controller to balance our desire for openness and our fears of terrorism, extremism and other threats to our security? Good To Know More; Finance Vision 2020 Balancing security and openness
    12. 12. Finance Function Master plan 2020 from trends and drivers 26 June, 2009 How will the ever increasing influence of internet and the introduction of the Virtual Personal Assistant (VPA) that connects the physical with the virtual world impact on you as CFO or controller? Good To Know More; Finance Vision 2020 Bringing the real and virtual world more together
    13. 13. Finance Function Master plan 2020 from trends and drivers 26 June, 2009 Are you as CFO/ is you organization able to attract and retain the most talented, experienced and skilled people in this highly mobile world full of demographic shifts? Good To Know More; Finance Vision 2020
    14. 14. How could the Finance Transformation journey towards 2020 look like? 26 June, 2009 Good To Know More; Finance Vision 2020
    15. 15. I don’t have a cristall ball … but let’s discuss the questions raised Welke impact zal de toepassing/ ontwikkeling van informatie technologie op de rol van de Controller anno 2020 hebben? 26 June, 2009 Bent u het eens met de stelling: De volgende drie disciplines moeten continu optimaal samenwerken, volledig afgestemd op de operatie, om zo als een spiegel voor die operatie te zijn: - DE voorwaarde voor profitability & organisational control: Finance, ICT and HRM. Welke stappen dienen genomen te worden om een CVO unit binnen een detacheringsorganisatie (bijvoorbeeld Yacht) te implementeren om goed voorbereid te zijn op deze nieuwe financiële functie? Hoe ziet de spreker de gevolgen van de interne druk op &quot;aandeelhoudersvriendelijke&quot; rapportage en de verscherpte aansprakelijkheid bij (vermeend) onrechtmatig handelen door een andere kijk op hetgeen is verantwoord. Wat is nou echt de trend voor de toekomst voor accounting (boekhouden)/controlling: off shoring, outsourcing of binnen bedrijf houden? Hoe kijkt de heer Doeswijk aan tegen de plannen die er zijn om IFRS ook voor SME's (MKB) in te gaan voeren? Good To Know More; Finance Vision 2020 Welke andere of extra competenties moet de controller van 2020 hebben ten opzichte van die van 2009?
    16. 16. Final thought … 26 June, 2009 Good To Know More; Finance Vision 2020
    17. 17. www.capgemini.com/consulting Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group Copyright © 2009 Capgemini. All rights reserved.
    18. 18. Our next step is to get one level deeper … that’s why we organizing Finance Summit 2009 for coming August 25 <ul><li>Programma : </li></ul><ul><ul><li>10.00-10.30 u Ontvangst </li></ul></ul><ul><ul><li>10.30-12.00 u Plenaire sessie Finance Vision 2020 </li></ul></ul><ul><ul><li>12.00-12.45 u Lunch </li></ul></ul><ul><ul><li>12.45-14.15 u Deelsessie Megatrend (1) </li></ul></ul><ul><ul><li>14.15-14.30 u Korte break </li></ul></ul><ul><ul><li>14.30-16.00 u Deelsessie Megatrend (2) </li></ul></ul><ul><ul><li>16.00-17.00 u Plenair en borrel </li></ul></ul>Good To Know More; Finance Vision 2020 26 June, 2009 See our advert in the ‘Financiële Telegraaf’ of tomorrow or check www.capgemini.nl/evenementen
    19. 19. APPENDIX <ul><li>Good To Know More: The Future Controller </li></ul>26 June, 2009 Good To Know More; Finance Vision 2020
    20. 20. The future CFO will adapt the financial organization to meet the developments in the changing environment 26 June, 2009 CFO organization Control and Risk Office Sovereign functions and risk management Transformation Office Internal driver for change to allow for constant adaptation and progressive evolution towards high efficiency and effectiveness Support Office Offers “industrialized” services Value Office Integrated manager of corporate values in an holistic way Strategic impact Operational impact Good To Know More; Finance Vision 2020 Value Partner Mandatory function Transaction factory
    21. 21. The future CFO will become a value partner covering all dimensions of the company 26 June, 2009 CFO perspective People IT <ul><li>Dynamic organization including </li></ul><ul><ul><li>Value Office </li></ul></ul><ul><ul><li>Control and Risk Office </li></ul></ul><ul><ul><li>Support Office </li></ul></ul><ul><ul><li>Transformation Office </li></ul></ul><ul><li>in order to pro-actively meet future challenges </li></ul>“ Industrialized” processes will generate the requested internal and external services The CFO acts as data & information architect defining and securing consistent finance-relevant data infrastructure The strategic advantage of the CFO organization in 2020 will be reached through flexible and highly qualified people Data & information Services & Processes Organization A global and harmonized IT landscape is the backbone for the future organization Good To Know More; Finance Vision 2020
    22. 22. The CFO organization offers all its service within a distinct set of roles in order to allow for an optimized interaction with the business 26 June, 2009 Character of service offering Transformation Office Support office <ul><li>Accounting </li></ul><ul><li>Standard controlling services </li></ul><ul><li>Intercompany accounting </li></ul><ul><li>Cash management / cash pooling </li></ul><ul><li>CO 2 -accounting </li></ul>Control and risk office <ul><li>Corporate guideline, standards, methods </li></ul><ul><li>Information architecture </li></ul><ul><li>Corporate governance and legal requirements </li></ul><ul><li>Sustainability policy </li></ul>Value office <ul><li>Group accounting / controlling </li></ul><ul><li>Information management </li></ul><ul><li>Treasury </li></ul><ul><li>Investment / initiative Controlling </li></ul><ul><li>“ Green” controlling </li></ul>Value partner Sovereign function Transaction factory <ul><li>Risk management on business level </li></ul><ul><ul><li>Financial risks </li></ul></ul><ul><ul><li>Business risks </li></ul></ul><ul><ul><li>Environmental risks </li></ul></ul><ul><li>Financial advisory </li></ul><ul><li>Value management </li></ul><ul><li>Forward visibility </li></ul><ul><li>Financial advisory </li></ul><ul><li>Mergers and acquisitions </li></ul><ul><li>Investor management </li></ul><ul><li>Ext. stakeholder management </li></ul><ul><li>Change management </li></ul><ul><li>Business case / benefits tracking </li></ul><ul><ul><li>Program office </li></ul></ul><ul><ul><li>Plan / design / build </li></ul></ul><ul><ul><li>Continuous improvement programs </li></ul></ul>Good To Know More; Finance Vision 2020
    23. 23. The future CFO takes over different roles within the organization 26 June, 2009 <ul><ul><ul><li>Global Information Architect & Broker </li></ul></ul></ul><ul><ul><ul><li>The CFO ensures full awareness of internal and external perception and information </li></ul></ul></ul><ul><ul><ul><li>Chief Value Officer </li></ul></ul></ul><ul><ul><ul><li>The CFO acts as CVO - responsible that value is managed and measured at desired levels throughout the company and its network </li></ul></ul></ul>True Leader The CFO guides the entire CFO organization according to one conjoint vision <ul><ul><ul><li>Ambassador of and to </li></ul></ul></ul><ul><ul><ul><li>Capital Markets </li></ul></ul></ul><ul><ul><ul><li>The CFO actively mediates the mutual demands between the capital markets and the company </li></ul></ul></ul><ul><li>Lead finance-relevant aspects inside the whole organization </li></ul><ul><li>Commit the CFO organization to a unifying mission globally and across cultures </li></ul><ul><li>Mediate the financial world and the executive board </li></ul><ul><li>Manage the portfolio of investors </li></ul><ul><li>Watch out for business and financial risks </li></ul><ul><li>Act as value officer in various financial and non-financial dimensions </li></ul><ul><li>Drive innovation and performance to foster value for all stakeholders </li></ul><ul><li>Provide world-wide business-tailored information </li></ul><ul><li>Extensive use of IT architecture as backbone of data & information network </li></ul>CFO The CFO stands for the financial vision of the company and communicates this inside and outside the CFO organization. Good To Know More; Finance Vision 2020
    24. 24. The relevant HR processes to support the organizational transformation allow for better employee fit, higher job satisfaction & better performance 26 June, 2009 Career model Staff development Incentives & retention Recruiting & staffing Basic profile Good To Know More; Finance Vision 2020 “ Accelerating incentive” “ MBA” profile Cross functional development programs Building global leaders Focused selection Value office “ Accountant” and/or “Controller” profile Standardized contracts “ Training on the job” Building old-hand experts “ Mass” -recruiting Support office
    25. 25. What do CFO’s think of what they will be doing in 2020 <ul><li>Decision maker at the forefront, to be perceived as a Chief Value Officer who can contribute to the strategic debate </li></ul><ul><li>Focus on people management, value, risks, integrity, growth, innovation and on external challenges </li></ul><ul><li>Daily activities include checking the dashboard, ensuring compliance, inspiring and coaching people in the team, judgement and managing external relations with shareholders and investors </li></ul><ul><li>The CFO's team consists of diverse people from different nationalities and cultural backgrounds </li></ul><ul><li>His KPIs are no longer solely measured in Euros. Other KPIs include reputation and company image, corporate social impact, financial performance and employer value . </li></ul><ul><li>It is not cool to perform routine tasks ; these will be automated. </li></ul><ul><li>To work long hours in a fixed working environment. </li></ul><ul><li>Excessive travel times </li></ul><ul><li>Explaining (new) accounting rules to shareholders </li></ul><ul><li>Being overloaded with information . </li></ul>26 June, 2009 What’s Cool What’s not Cool Good To Know More; Finance Vision 2020
    26. 26. The CV of the CFO in 2020 26 June, 2009 Good To Know More; Finance Vision 2020
    27. 27. www.capgemini.com/consulting Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group Copyright © 2009 Capgemini. All rights reserved.
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