The CFO & Technology: Is the Future of Finance New Technology or New People?
Drawing on our 2018 Sentiment Report that surveyed over 500 CFOs and finance leaders from around the globe and in-depth interviews with dozens of CFO Alliance Members, we are gathering together at our Q2 Roundtable Series to discuss,debate and dissect how CFOs can build and lead a finance function that embraces technology to improve performance, increase efficiencies and enhance confidence and understanding across the enterprise.
Where once its purpose was predominantly that of a reporting function that focused on balancing the books, finance has become the data-driven decision-center.
Join your peers as we gather to explore the future of the finance function and its two connected parts: Technology & People
Learning Objectives / Key Takeaways
Technology - Ongoing advances in new technologies — such as in-memory computing, the cloud, analytics, mobility, business intelligence (BI), and process automation — offer CFOs an exciting opportunity to redesign what the finance function can and should look like. In addition, many CFOs are now leading the effort in driving adoption of these technologies more broadly in the organization, and in leading the transformation that ensues from technology innovation.
- How do new technologies help enterprises save costs, manage risks and increase insights?
- What are the most effective ways that finance leaders can challenge assumptions and encourage experimentation with new technologies?
- How can finance leaders most effectively take calculated risks and manage the inherent risks associated with technological innovation?
People - CFOs must make bold moves to build a finance function that has the right people, with the right skills, to complement and get the most out of new technologies, and success as a CFO will depend on combining the intelligence of smart technologies with the intellect, emotional intelligence and interpersonal skills of talented people.
- What are some ways that finance leaders can identify the right people to build the finance function around?
- How do finance leaders combine people with technology to enhance culture and improve performance?
Featured Member Case Study Guest
Thomas A. Stewart - Executive Director, The National Center for the Middle Market
Thomas A. Stewart is the Executive Director of the National Center for the Middle Market, the leading source for knowledge, leadership and research on midsized companies, based at the Fisher College of Business at The Ohio State University. Stewart is an influential thought leader on global management issues and ideas: an internationally recognized editor and publisher, authority on intellectual capital and knowledge management, and a best-selling author.
Before joining the National Center for the Middle Market, Stewart served as Chief Marketing and Knowledge Officer for international consulting firm Booz& Company (now called Strategy&), overseeing the firm’s intellectual agenda, major research projects, and strategy + business magazine. Prior to that, he was for six years the Editor and Managing Director of Harvard Business Review, leading it to multiple finalist nominations for a National Magazine Award. He earlier served as the editorial director of Business 2.0magazine and as a member of the Board of Editors of Fortune magazine.
His new book, Woo, Wow, and Win: Service Design, Strategy, and the Art of Customer Delight (co-authored with Patricia O’Connell), was published by Harper Business in November 2016. He is also the author of Intellectual Capital: The New Wealth of Organizations and The Wealth of Knowledge: Intellectual Capital and the Twenty-first Century Organization, published by Doubleday Currency in 1998 and 2003, respectively. He has contributed chapters to four other books and published articles in Harvard Business Review, strategy + business, Fortune, Business 2.0., Inc., Financial Times, The Hill, Industry Week, Ad Age, and elsewhere. A twelve-time participant in the World Economic Forum, he has delivered lectures and seminars across the U.S. and in more than two dozen countries worldwide.
Stewart is a summa cum laude graduate of Harvard College and holds an honorary Doctor of Science degree from Cass Business School, City University London.
The National Center for the Middle Market is a collaboration between The Ohio State University’s Fisher College of Business, SunTrust Banks Inc., Grant Thornton LLP, and Cisco Systems. It exists for a single purpose: to ensure that the vitality and robustness of Middle Market companies are fully realized as fundamental to our nation’s economic outlook and prosperity. The Center is the leading source of knowledge, leadership, and innovative research on the middle market economy, providing critical data analysis, insights, and perspectives for companies, policymakers, and other key stakeholders, to help accelerate growth, increase competitiveness and create jobs in this sector.
Housed at The Ohio State University’s Fisher College of Business, the National Center for the Middle Market is the first center of its kind in the nation. The Center enthusiastically serves middle market firms, students, academic researchers, policy makers, the media, and other key stakeholders with interests in the health and well-being of the middle market. The Center is fully committed to funding and distributing the most credible open-sourced research, dynamically creating new knowledge, providing programs that drive value for middle market companies, and offering a well-informed outlook on the health and future of the middle market via the Middle Market Indicator.
7.30 - 8.00 Networking
8.00 - 8.15 Welcome/Opening Remarks
8.15 - 8.45 CFOA Member Case Study Q&A
8:45 - 9.15 Table Discussions
9.15 - 9.45 Group Share
9.45 - 10.15 RT Summary, Key Takeaways, and Next Steps
10.15 - 11.00 Networking/Meet the team, Global Advisory Board + CFOA Team Members will be available to meet with you