Pre-Conference Clinics

Wednesday, June 10th

Morning Clinic: 9:00am-12:30pm

Clinic A: Mobilizing for Finance Transformation

Paul Pedersen, Director and Mark Lorence, Director, Palladium Group, Inc.

In today's environment companies are looking for ways to cut costs, improve efficiencies, and position their organizations to weather the storm until the economy improves. Some are taking a 'wait-and-see' approach, curtailing all non-essential initiatives and focusing on survival. Others are using this period as an opportunity to refine their strategies and drive top-line growth. One approach is to study support organizations—Finance, HR, IT—and look for ways to achieve costs savings and process efficiencies. The transformation of these organizations can yield huge benefits, but like any large project must be carefully planned and managed. In this clinic we will present a framework for planning a Finance Transformation project.  Drawing upon our experience in helping clients through this journey, we will focus on the traditional areas for improvement—people, process, and technology—as well as explaining how a Finance Transformation project can be embedded in the context of a larger strategy management process. 

Afternoon Clinic: 1:30-5:00pm

Clinic C: Moving to a Driver-Based Rolling Forecast

Heidi Taradash, Manager, CFO Services and Philip Peck, Managing Director, Palladium Group, Inc.

In today’s uncertain and tumultuous environment, insight and extended visibility around the business levers impacting future performance is essential. Learn how to transform your traditional planning process to a driver-based rolling forecast process that provides a continuous, forward-looking business outlook and supports dynamic resource allocation. Discover how to leverage driver-based models as the foundation for a rolling forecast where operational activities and drivers are utilized to determine expected financial outcomes. Explore key design considerations and critical success factors for managing the rolling forecast implementation including innovative mobilization frameworks and the critical role of enabling technology.