C3 - Is the CFO losing control of the Performance Management agenda? Presented by Rob Krizman, C3 Partner

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