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INTERNATIONAL MARKET ASSESSMENT INDIA PRIVATE LIMITED " Exceptional CFO’ panel discussion series"
   
Exceptional CFOs: An India perspective
Focus: Towards getting there
  
Research undertaken internationally suggests specific characteristics that distinguish ‘best-in-class’ or ‘exceptional’ CFOs from others. After a few stops and starts in recent years, finance professionals world-wide are in the midst of a ‘glory’ run. Judged by control, credibility, and compensation – it has seldom been this good before. What are these winning abilities and do they apply in the Indian context?
  
 Simultaneously, it a universal lament that the senior most finance professional in a company today, shoulders far more responsibility than charted out for him in an organisational context. Most often, the CFO’s role extends to include elements of HR, Legal, IT and Administration. Given that the length of the day is a given(!) – what are the strategies, tactics and tools available to do justice to this ever-growing role? Using popular parlance how could you juggle and balance the two critical ends of the spectrum – financial stewardship and strategic partnership?
  
 In our next India CFO Forum session, a panel of ‘best-in-class’ CFOs will explore key distinguishing factors and then draw a comparison with international trends. From personal experience, they will share insights on how high performance may be made possible. This panel will comprise of Ramesh Venkat, Group President – Finance, ADA Enterprises; P K Ghose, Chief Financial Officer, Tata Chemicals; Indrajit Banerjee, President – Finance and Planning, Lupin; Sanjeev Agrawal, Chief Financial Officer – India and South Asia, Standard Chartered Bank; Bhaskar Pramanik, Managing Director, Sun Microsystems; and, Tze Wee Wee, Principal, Business Solutions and Practice Leader, Financial Intelligence Solutions, Asia Pacific, SAS.
  
 Each of you, we hope, will supplement the panellists with your own experiences and beliefs. As you so well know, the purpose of a session such as this is neither presentations nor monologue – it is to benefit from the powers of ‘collective wisdom’. Our panel will, therefore, facilitate the process with brief opening remarks. The greater value will stem from discussion and debate. We are confident that new understandings will emerge and go towards aiding greater personal effectiveness in your roles.
  
 Very broadly, we hope to explore:

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Is Total Shareholder Return (TSR) a critical determinant of CFO tenures and career progression?
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Are ‘stewardship’ and ‘strategy’ equal contributors to TSR performance? And if not, how must they be viewed differently?
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‘Stewardship’ is ‘low margin and high volume’ while ‘Strategy’ is perhaps the reverse. How can you optimise performance on both?
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Is your ability to strategically partner your CEO, a matter of interpersonal rapport? Or is it now becoming a given? How can this be made more effective and efficient?
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How can ‘stewardship’ be made more efficient? Enhanced and better trained manpower, tools and technology, or something else?
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 What is the natural next step for a CFO? Retirement, CEO, Independent Directors?

Clearly these are an indicative set of issues and many more will present themselves during our Roundtable discussion. Often for sessions such as these, we partner with like-minded organisations that have in-house working knowledge on the theme and are committed to the finance community. For our ‘Exceptional CFO’ panel discussion series, we are pleased to partner with SAS India.

Event Details:

 Date  11th May, 2006
 Venue  ITC Grand Central, Parel, Mumbai.
 Time  7.00 pm and 8.30 pm followed by dinner
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