c3 - is the cfo losing control of the performance management agenda? presented by rob krizman, c3...
TRANSCRIPT
Is the CFO Losing Control of the
Performance Management Agenda
Presented by:
Rob Krizman
South Australia Partner, C3 Business Solutions
Adapt or Risk Disruption
The Landscape is Changing
The individual is in charge
A Shift Across the
Whole Business
Finance
Customer
(Marketing
& Sales)
People (HR)
Operations
(Process)
Balanced
A Shift Across the Whole Business
The balance is continually shifting
Finance
Customer
(Marketing
& Sales)
People (HR)
Operations
(Process)
TraditionallyFinanced skewed…
A Shift Across the Whole Business
The balance is continually shifting
Finance
Customer
(Marketing
& Sales)
People (HR)
Operations
(Process)
TodayThe need for a
Customer/Operations
skew…
A Shift Across the Whole Business
The balance is continually shifting
Finance
Customer
(Marketing
& Sales)
People (HR)
Operations
(Process)
A Shift Across the Whole Business
The balance is continually shifting
The AimPush back to balance…
Beacon : Vice Chancellor's Vision
(10 Year)
University Operations Plan : As agreed by the senior Executive
(3 Year)
Finance
Plan
(5 Year)
HR
Plan
(5 Year)
Learning &
Teaching
Plan
(5 Year)
Research
(5 Year)
Faculty
Plans
(5 Year)
Technology
Plan
(5 Year)
Student
Services
Plan
(5 Year)
Finance elements as they relate to University operations :: Budget is the hook
University Performance Scorecard
(Balanced)
University of Adelaide
Case Study
Challenges you’ve seen across the
business
Can’t model different or complex
scenarios easily
Lack of transparency
Lack of stakeholder
accountability
Regulatory, compliance &
standards change
Manual, spreadsheet
driven process
Can’t adapt easily
Performance Management
outcomes are not timely or relevant
Corporate Reporting & Scorecards
Budget Process
Rolling Forecast
Implement Technology
& Infrastructure
Alignment across the business
Business Collaboration
What can you do about it
Bring discipline across the business
FMCG
Case Study
The CFO Competency Map: http://www.financelearningacademy.com/themap.html
CFO
Steward
Operator
Strategist
Catalyst
Get your hands dirty
The current business cycle needs you to be the strategist or
catalyst for your C-suite
counterparts
At a Crossroads
You can decide how it plays out