Cover Subtitle - Working Council for Chief Financial Officers ...
Cover Subtitle - Working Council for Chief Financial Officers ...
Cover Subtitle - Working Council for Chief Financial Officers ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Best Practices<br />
Research and<br />
Emerging Issue <strong>Cover</strong>age<br />
Capturing Value<br />
Capturing During Value Post-Merger<br />
During Integration<br />
Capturing Value<br />
Post-Merger<br />
During<br />
Integration<br />
Post-Merger<br />
Integration<br />
A Comprehensive Suite of Services<br />
Across the membership year, the CFO Executive Board supports<br />
CFOs and their fi nance teams through its unique service offerings…<br />
Finance Spend as a Percentage of Revenue<br />
4%<br />
2%<br />
Core CFO Executive Board Service Offerings<br />
Benchmarking<br />
and Tools<br />
Industry Benchmarks<br />
Though many rely on industry benchmarks to assess spending decisions, industry<br />
comparisons only provide limited insight into the appropriate level of spend<br />
Case-in-Point: Finance Function Benchmarks by Industry<br />
Finance Spend as a Percentage of Revenue, Selected Industries<br />
Research on fi nance spend drivers<br />
reveals that “industry” plays a<br />
signifi cant role in determining<br />
spend levels only <strong>for</strong> companies in<br />
diversifi ed fi nancial services. Outside<br />
this sector, other factors may offer a<br />
more useful basis <strong>for</strong> analysis.<br />
0%<br />
Consumer<br />
Products<br />
and Retail<br />
Diversifi ed<br />
<strong>Financial</strong><br />
Services<br />
Source: CFO Executive Board’s 2003 Finance Benchmarking Initiative.<br />
…delivered through the Web site and live interaction<br />
Teleconferences<br />
Moderated, interactive discussions<br />
of urgent issues and best practice<br />
research, organized multiple times<br />
a month. Teleconference replays are<br />
also available <strong>for</strong> easy access.<br />
Online Finance Professional<br />
Profi les <strong>for</strong> Networking<br />
Searchable database of more than<br />
2,500 fi nance professionals to identify<br />
peers having relevant expertise,<br />
knowledge, and interests <strong>for</strong><br />
networking.<br />
Online Discussion Groups<br />
Moderated, e-mail based peer groups<br />
that allow members to pose questions<br />
to their peers and gain their insights.<br />
Finance Learning Centers<br />
Online, self-paced training sessions<br />
(with audio support) on business<br />
and fi nance fundamentals.<br />
Energy<br />
Food and<br />
Beverages<br />
High<br />
Technology<br />
Decision Support Centers<br />
One-stop shop showcasing best<br />
practices research, case profi les, recent<br />
trends, tools, and links to online<br />
discussion groups organized by topics.<br />
Manufacturing<br />
Mean<br />
1st Quartile<br />
Median<br />
3rd Quartile<br />
Transportation<br />
Utility<br />
Finance FTEs per $1 Million in Revenue<br />
22<br />
11<br />
0<br />
Banking<br />
Finance FTEs per $1 Million in Revenue, Selected Industries<br />
Statistical analyses on fi nance<br />
headcount drivers suggest that<br />
“industry” is a signifi cant factor<br />
in determining FTE levels only<br />
<strong>for</strong> consumer products and<br />
retail companies.<br />
Consumer<br />
Products<br />
and Retail<br />
Diversifi ed<br />
<strong>Financial</strong><br />
Services<br />
Food and<br />
Beverages<br />
Insurance—<br />
Multiline<br />
Insurance—<br />
P&C<br />
Mean<br />
1st Quartile<br />
Median<br />
3rd Quartile<br />
Manufacturing Other<br />
Telecommunications<br />
SG&A Benchmarking Data 141<br />
Executive<br />
Education<br />
CFO Executive Board Value Proposition | 7<br />
Member Networking<br />
and Insight Exchange<br />
Services Delivered Through the Web Site Services Delivered Through Live Interaction<br />
Tools<br />
Benchmarks<br />
Best<br />
Practices<br />
CFO1AJDG19 © 2008 Corporate Executive Board. All Rights Reserved.<br />
CFO–Only Forums<br />
Highly interactive meetings<br />
limited to seniormost fi nance<br />
executives that focus on urgent<br />
issues and results of our best<br />
practice research initiatives.<br />
Deputy CFO–Only Forums<br />
Interactive meetings organized<br />
<strong>for</strong> deputy CFOs to expose them<br />
to our best practice research and<br />
provide valuable learning and<br />
development opportunities.<br />
On-Site <strong>Working</strong> Sessions<br />
Customized on-site workshops<br />
<strong>for</strong> CFOs and their teams,<br />
to expose fi nance staff to best<br />
practices, recent developments,<br />
and innovative strategies in key<br />
priority areas.<br />
Business Alignment Tool<br />
Survey-based assessment service<br />
to evaluate the extent to which<br />
Finance’s per<strong>for</strong>mance and<br />
activities are aligned with<br />
its internal stakeholders’<br />
expectations and examine<br />
Finance’s contribution<br />
to business growth.
Change language