1. November 10-12, 2011 | Red Rock Casino • Resort • Spa | Las Vegas | NV
Whirlpool on
Finance Talent Management
Roy Templin and J.D. Rapp from Whirlpool Corporation, keynote speakers at
the marcus evans CFO Summit XXIII Fall 2011, discuss the features that
set apart Whirlpool’s finance talent management model.
Interview with: Roy Templin, Executive Vice President & Chief Financial
Officer, Whirlpool Corporation and J.D. Rapp, Vice President, Business
Performance Management, Whirlpool Corporation.
FOR IMMEDIATE RELEASE There is tremendous value in having a disciplined approach to
talent development, therefore we make sure to maintain our
“It is not one particular process or tool that differentiates our system.
finance talent management model from all the rest, but how
all the different components work together,” says Roy Roy Templin: Every member of the team, even at the entry
Templin, Executive Vice President & Chief Financial Officer, level, should know and understand what role they play in
Whirlpool Corporation. achieving the finance objectives and how that relates to the
overall company strategy. That is the only way they can help
“We truly think of talent as a system,” adds J.D. Rapp, Vice achieve business objectives.
President, Business Performance Management.
Roy, your talent review process takes up one month of your
Keynote speakers at the upcoming marcus evans CFO time each year. Would you say this is time well spent?
Summit XXIII Fall 2011, in Las Vegas, Nevada, November 10-
12, Templin and Rapp discuss how they successfully Roy Templin: Time is a precious resource and four weeks
transformed Whirlpool’s finance organization into one that might seem like a long time, but I am convinced that the
attracts and retains top talent. single greatest thing that I can do for our company is to
develop a great finance team around the world. There is no
What is the secret to attracting and retaining top finance comparison between what I can do in a single day and what
talent? What are finance professionals looking for and 1,100 finance people can do.
motivated by?
Spending one-twelfth of my time on talent development
Roy Templin: Once we differentiated our talent model, we enables us to attract the best qualified talent in the market
began attracting top talent to the company. Chief Financial and to retain them once they are on the team. It is absolutely
Officers (CFOs) need to have an appropriate toolbox full of worth my time.
tools for people to utilize to develop their career. We make it
very clear that people own their career, but we provide the What do CFOs overlook when managing finance talent?
tools they need to develop it.
Roy Templin: From my perspective, first and foremost is the
J.D. Rapp: Finance professionals have high intellectual time commitment aspect. J.D. and I knew that once we put
curiosity. They want to learn, develop and grow. We try to ourselves out there, we had to commit the time the initiative
deliver to that. It is easy to throw around money, but that will needed.
not help retain top talent.
CFOs can get really fired up about developing talent. My
What is unique about your approach? advice would be to start carefully and not overpromise. Once
you start, you cannot back off. People have an emotional
J.D. Rapp: It is more about having a process mindset than response to talent development. If you do not deliver on your
about a specific tool. We truly think of talent as a system and promise, it will affect employee engagement for a long time.
have adopted the Six Sigma philosophy. We think that all
activities should be feeding on each other, that there must be Consistency, and discipline to the processes established and
a detailed plan in place and basic measurement criteria. systems deployed is critical.
www.cfosummits.com

2. November 10-12, 2011 | Red Rock Casino • Resort • Spa | Las Vegas | NV
Contact: Sarin Kouyoumdjian-Gurunlian, Press Manager , marcus evans, Summits Division
Tel: + 357 22 849 312
Email: press@marcusevanscy.com
About the CFO Summit XXIII Fall 2011
This unique forum will take place at the Red Rock Casino Resort & Spa, Las Vegas, Nevada, November 10-12, 2011.
Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed
industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit
includes presentations on how innovation can transform finance organizations, the CFO’s role in growth and
international expansion and the 2012 financial landscape.
For more information please send an email to info@marcusevanscy.com or visit the event website at
www.cfosummits.com
marcus evans group - finance/insurance sector portal
Complementing our summit format, the Finance Network – marcus evans Summits group delivers peer-to-peer
information on strategic matters, professional trends and breakthrough innovations. Lend an ear to fellow experts and
live news from our events on our LinkedIn and Twitter accounts!
Please note that the summit is a closed business event and the number of participants strictly limited.
About marcus evans Summits
marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and
discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a
unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one
business meetings. For more information, please visit www.marcusevans.com
All rights reserved. The above content may be republished or reproduced – kindly inform us by sending an email to press@marcusevanscy.com
www.cfosummits.com