CFO and CPO
An important C-suite relationship?
1
Neil Morling
CFO, Olswang LLP
Expectations … of me
2
Expectations … of you
3
Why all the fuss ….?
4
Challenges of growth
Tougher economic conditions
Changes in strategy
Competitive challenges
Client pressures
…. technology, stakeholders, legislation
Change Indicators
The Basics
5
Every business should be targeting:
Organic growth
Margin improvement
Cash generation
… while developing a sustainable business
Growth Margin
Cash Sustainable
Our roles
6
We should be working to ensure that the
right people make the right decisions at the
right time…..as close to market as possible
Growth ….
7
Client retention though more secure and
sustainable solutions
Broader offerings
Flexible capacity
Fee earning capability
Growth Margin
Cash Sustainable
Margin ….
8
Cost reduction
Ability to charge more for cost neutral
improvements
Use leverage on higher volumes derived
from organic growth
Growth Margin
Cash Sustainable
Cash ….
9
Terms of payment
Prompt payment is rarely a problem when
product provided was as promised
Growth Margin
Cash Sustainable
Sustainable ….
10
Sustainable business:
Growing order book
Retain ability to invest
The full "triple bottom line" – economic,
environmental and social
Growth Margin
Cash Sustainable
And finally ….
11
There are tiers of savings all to a degree
valid
Choosing the lowest bidder
Savings inherent to contract
Savings based upon activity
.... but for me realised savings are key
12
Thoughts…?

Neil Morling, CFO - Olswang LLP

  • 1.
    CFO and CPO Animportant C-suite relationship? 1 Neil Morling CFO, Olswang LLP
  • 2.
  • 3.
  • 4.
    Why all thefuss ….? 4 Challenges of growth Tougher economic conditions Changes in strategy Competitive challenges Client pressures …. technology, stakeholders, legislation Change Indicators
  • 5.
    The Basics 5 Every businessshould be targeting: Organic growth Margin improvement Cash generation … while developing a sustainable business Growth Margin Cash Sustainable
  • 6.
    Our roles 6 We shouldbe working to ensure that the right people make the right decisions at the right time…..as close to market as possible
  • 7.
    Growth …. 7 Client retentionthough more secure and sustainable solutions Broader offerings Flexible capacity Fee earning capability Growth Margin Cash Sustainable
  • 8.
    Margin …. 8 Cost reduction Abilityto charge more for cost neutral improvements Use leverage on higher volumes derived from organic growth Growth Margin Cash Sustainable
  • 9.
    Cash …. 9 Terms ofpayment Prompt payment is rarely a problem when product provided was as promised Growth Margin Cash Sustainable
  • 10.
    Sustainable …. 10 Sustainable business: Growingorder book Retain ability to invest The full "triple bottom line" – economic, environmental and social Growth Margin Cash Sustainable
  • 11.
    And finally …. 11 Thereare tiers of savings all to a degree valid Choosing the lowest bidder Savings inherent to contract Savings based upon activity .... but for me realised savings are key
  • 12.

Editor's Notes

  • #5 Why the coming together…? Change is becoming disruptive, not planned evolution.
  • #7 Four Box Model (PWC) Communicator Catalyst Strategist Score Keeper Facilitator NOT gate-keeper