Agenda

10:00 a.m.

Registration

11:30 a.m.–
1:00 p.m.

Networking Lunch and Opening Session

Opening Session with Terry Lillis, CFO Principal Financial Group

Assigned tables by function - join your peers for lunch and conversation

1:00 p.m.–

Executive Roundtable Sessions

These sessions are reserved for the seniormost
contact of the various service programs at
Corporate Executive Board, including:

• Chief Financial Officers
• Chief Strategists
• General Counsel
• Heads of Research and Development
• Enterprise Controllers
• Treasurers
• Investor Relations Officers
• Tax Directors
• Chief Audit Executives
• Heads of Enterprise Risk Management
• Chief Procurement Officers
  (Executive Roundtable at capacity)
• Heads of Shared Services
• Operations Executives

1:00 p.m.–
5:30 p.m.

Corporate Executive Board’s Executive Guidance
(reserved for key deputies and non-CEB members)

A unique cross-functional perspective into the pressing issues across the executive suite to help you drive corporate, and personal, performance. We will concentrate on:

• Talent: How the best executives generate as much as a 7% boost in revenue and profit performance over their less talent-focused peers.
• Risk: How the healthiest companies identify problems early, ultimately delivering 16% more shareholder value over a 10-year period.
• Overcoming the Insight Deficit: Fewer than 40% of employees have sufficiently mature processes and skills to derive insight from information streaming from suppliers and customers. What are companies doing to overcome this insight deficit?

Executive Guidance for 2011

5:30 p.m.–
7:30 p.m.

Opening Cocktail Reception

7:45 a.m.–
9:00 a.m.

Breakfast and Sponsor-hosted  Roundtables

Approva
Continuous Controls Monitoring:  Proactive Risk Management

Featuring an interactive dialogue focused around case studies of companies that are using continuous controls monitoring applications to transform their risk management programs from reactive to proactive to effectively manage the spectrum of business risks in an increasingly competitive environment.  Learn how Fortune 1000 companies are automating the way they monitor risk, identify and respond to cash leaks & accounting errors, and automate compliance requirements.

Ariba Inc.
Get More ROI from your ERP

Your ERP systems have allowed you to streamline internal processes so you can gain business advantages by closing your books faster and lowering your inventory requirements. Now the time has come for the next wave of business process improvement and cost savings. Attend this roundtable to learn how you can extend your ERP and other back office systems for business commerce collaboration, and save $15 million or more for every $1 billion in spend by lowering your operational costs, improving compliance, and optimizing your working capital.

Chatham Financial
Commodity Risk & Mitigation Strategies

Have your commodity costs increased and left you wondering how other companies manage their exposures?  Please join us for a breakfast roundtable to discuss commodity hedging strategies.  Questions that we will explore include: How do firms quantify their commodity risks? Is commodity risk best handled through the procurement or finance department? What are best practices for a comprehensive hedging program? Do firms apply hedge accounting to their commodity derivatives?

Chatham Financial
Hedge Accounting

Is Hedge Accounting on your mind perhaps because 1) the FASB & IASB have promised to change the rules, 2) you're considering a new hedging program, 3) your auditors have challenged something, or 4) there has been some unexpected ineffectiveness or volatility? Join us to discuss these areas or other questions on your mind, and learn what your peers are experiencing, and how they're handling these issues. 

EVA Dimensions LLC
Transform EVA (economic profit) into a powerful new ratio framework for value-based planning, decision-making and performance management

Join thought leader Bennett Stewart, CEO of EVA Dimensions, for a discussion on EVA Momentum, a true innovation in corporate value-based financial management. EVA Momentum transforms EVA from a monetary measure of economic profit to a ratio format, making it easier for all managers to understand, and making it possible to directly compare the profitability performance of disparate business units and peer companies of different size. “It’s a way to measure the rate at which a company or business unit is growing its economic profit above its cost of capital,” says Stewart, “ which means it is the only ratio where bigger is always better.” 

Host Analytics
The Changing Role of Finance

Join Host Analytics, the leader in cloud based corporate performance management solutions, for an informative roundtable. The session will be hosted by John Kogan, CEO/CFO, Co-founder of Proformative. Proformative is the resource for corporate finance, accounting, and treasury professionals. In this session we will discuss the changing role of finance and how technology has played its part in helping this evolution.

IBM
Developing Talent to Position Finance as a Trusted Business Advisor

Growth markets, global volatility and uncertainty have drawn CFOs and their teams into more frequent and pivotal decision-making discussions. This environment has created greater demands and expectations on the skills of these professionals - to not only be financial specialists, but also be generalists who are able to see and think holistically. With these expectations, how can Finance professionals elevate their skills and become Trusted Business Advisors? What can companies do to support their growth and development? How does diversity contribute to the Finance community's success in a business? What are some of the ways to motivate and retain employees in the war for talent?

IBM
Transforming Performance through Analytics

While headlines vacillate between recovery and recession, what’s most clear is uncertainty is now part of the normal course of business – the new normal. IBM’s recent research indicates that for some forward thinking companies, analytics is proving its value in these challenging times by permitting them to make more money, faster, with less capital. Analytics Quotient (AQ) measures your organization’s readiness, ability and capacity to locate and apply insight and re-orient your business to make better decisions – decisions that will deliver better outcomes. IBM hosts a discussion on how you can help raise your organization’s AQ.

Liquidnet
The Global Equities Markets Today and Innovations to Follow-On Offerings and Repurchases

Do you know that today less than half of your stock actually trades on your listing exchange? Everything we thought we knew about the capital markets has drastically changed over the last ten years. These changes are ultimately affecting your company’s cost of capital and your ability to execute a successful follow-on or buyback. We’ll cover the three major pillars that make up our capital markets – trading, research and equity capital markets – and make sense out of all the recent capital market changes and what they mean to CFOs.

MetLife
Pension Risk Management

Discussion on the practical steps for de-risking an active defined benefit plan and ways to defease a frozen defined benefit plan.

NYSE Euronext
Fostering Innovation

Jean-Marc Levy, SVP and Head of Global Issuer Services at NYSE Euronext, will be hosting an interactive and meaningful discussion around “Fostering Innovation”, and what your company is doing to foster innovation within your organization and the processes that are in place to do that. 

Trintech
The Last Mile of Finance: Moving from “Well Enough to Optimal”

Trintech is the leading global provider of integrated software solutions for the Last Mile of Finance.  From the time a transaction occurs to the time financial statements are issued, Trintech’s innovative Unity Suite automates data collection, account reconciliation, financial close management, financial reporting, XBRL, and financial control testing.  As a result, our 600 clients and 100,000 users worldwide benefit from an enterprise wide view into critical financial processes, and are able to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.

9:00 a.m.–
10:30 a.m.

Keynote Session: Robyn Meredith interviewed by Brook Selassie

India and China represent a great deal of companies’ growth plans over the next 5-10 years. What must companies know about these economies to ensure their success?

10:30 a.m.–
10:45 a.m.

Break

10:45 a.m.–
Noon

Panel Discussions
Learn More About the Available Tracks

• Track One: Building a Customer-Centric Corporate Center
  Integrated Business Services: The next step towards agility?
  
  Panelists:
  • Steve Loehr, Vice President, Operations and Strategy, Value Services, IBM

  • Jim Schacht, Executive Director, Cummins Business Services

• Track Two: Gaining Risk Clarity by Evaluating Corporate Culture
  The Foundation for Corporate Success and Risk Management?
  
  Panelists:
  
  • Stasia Kelley, Partner, DLA Piper
  • Stephanie Hill, Vice President, Corporate Audit, Lockheed Martin

  • Michael Uth, Corporate Compliance and Ethics Officer, The Progressive Corporation

• Track Three: Establishing Relevance in Emerging Markets
  Market Entry in Emerging Markets: Forging Strong and Sustainable JV Partnerships
  
  Panelists:
  
  • David Ernst, Founder and Managing Director, Water Street Partners

12:00 p.m.–
1:15 p.m.

Networking Lunch

1:15 p.m.–
2:15 p.m.

Insight Sessions with our Sponsors
(pre-registration not required)
Learn More About the Available Tracks

• IBM
  
  Building a Smarter Enterprise with Analytics
  The current rapid pace of global economic transformation has increased the premium placed on greater business insight and fact based actions. IBM's Business Performance Services group has successfully developed, incubated, and deployed analytics-based initiatives across several areas helping to transform IBM into a Smarter Enterprise. This insights session will focus on strategic applications in areas where analytic tools have been employed, including sales management, human resource management, financial planning and forecasting and risk management.
• MetLife
  
  Pension plan sponsors face a myriad of risks, including investment, interest rate and participant behavior risks. MetLife's third annual U.S. Pension Risk Behavior Index℠ reveals how sponsors among the 1,000 largest U.S. pension plans are prioritizing those risks and how effective they believe they are at managing them. In this session we also will discuss dynamic de-risking strategies and approaches for quantifying contribution risk.
  
• Chatham Financial
  
  Market Risk Management: Effectively Managing Currency & Commodity Risks
  
  This session will walk through the ideal way to:
  
  •  Understand Exposures – Are they offset and/or correlated?
  • Evaluate Exposures – Which should be hedged if any?
  • Develop an Ongoing Strategy to Manage Exposures

2:15 p.m.–
2:30 p.m.

Break

2:30 p.m.–
3:45 p.m.

Panel Discussions
Learn More About the Available Tracks

• Track One: Building a Customer – Centric Corporate Center Fit for Purpose: Optimizing the Structure of the Corporate Center to Serve the Business
  
  Panelists:
  • Jennifer Halliday, Principal and Controller, Vanguard
  • John Stott, Vice President and Controller, Archer-Daniels-Midland Co
  • Richard Zuza, Vice President Supply Chain, Kiewit Corporation
• Track Two: Gaining Risk Clarity by Evaluating Corporate Culture
  Risk Clarity in Emerging Markets
  
  Panelists:
  • Patrick Gnazzo, Principal, Better Business Practices, LLC
  • Allan Misner, Vice President, Audit, Murphy Oil Company

  • Nancy Snowden, Director of the Office of Business Practices, Caterpillar, Inc.

• Track Three: Establishing Relevance in Emerging Markets
  Protecting Profitability and Crafting Long-Term Strategy in Emerging Markets

3:45 p.m.–
4:00 p.m.

Break

4:00 p.m.–
5:30 p.m.

Keynote Session:

Leading Organizational Transformation: An Interview with  Lou Gerstner interviewed by Dan Currell

5:30 p.m.–
7:00 p.m.

Wine and Cheese Reception

Sponsored by IBM

7:45 a.m.–
9:00 a.m.

Breakfast and CEB-hosted Roundtables

Open invitation to join CEB staff for function-specific conversation – look for your topic of interest on breakfast table signage

Corporate Strategy Board
Accelerating Profitable Growth in Emerging Markets
The single most important factor in accelerating profitable growth in emerging markets is the company’s ability to look inside the company rather than outside.  Learn how corporate strategists help their business partners evaluate and upgrade their capabilities.

Hosted by: Atul Dighe, Senior Research Director and Brook Selassie, Managing Director

Procurement Strategy Council
Supplier Sourced Innovation
The most progressive procurement organizations enter into mutually beneficial partnerships with suppliers that go beyond price and volume-based incentives.  Learn how companies that fully harness the innovative capacity of their supply base have a distinct competitive advantage driven by procurement.

Hosted by Ash Shetty, Executive Advisor

Communications Executive Council
Communications Strategies That Drive Enterprise Agility
In today's world of constant change, companies need to create a culture of action and agility, yet many organizations still remain tethered to the legacy practice of command-and-control.. Learn how progressive communications techniques can overcome this challenge.

Hosted by Rick DeLisi, Senior Director

Audit Director Roundtable
Developing Critical Auditing Competencies

• Prioritize the skills that drive greater department effectiveness
• Assess the department’s competency gaps
• Establish a development culture to sustain department excellence

Hosted by Jim Fitzmaurice, Executive Advisor

Corporate Leadership Council
Calculating the Costs of Health Care Reform
Organizations need to prepare for a new health care landscape by staying informed and assessing the implications of the reform.  Join us for a discussion on how to assess the costs of health coverage scenarios.
Hosted by Matt Dunn and Ania Krasniewska Shahidi, Senior Director

General Counsel Roundtable
Five Forces That Will Change Legal

• Understand the forces that are fundamentally transforming the legal department and how it supports the business
• Develop team skills and competencies to adapt to changing risks and opportunities

Hosted by Dan Currell, Executive Director

9:00 a.m.–
10:00 a.m.

Insight Sessions with our Sponsors
(pre-registration not required)
Learn More About the Available Tracks

• Ariba
  The Collaboration Imperative for Finance
  
  This session will discuss the collaborative technology referenced in a recent McKinsey study that demonstrates how leading companies that connect internal employee efforts to customers, suppliers, and partners are 50 percent more likely to be market leaders, achieve higher margins, and increase sales. Savings levers and key performance indicators (KPIs) that leading finance professionals are adopting to benchmark procure-to-pay processes, set targets for success, and measure results against stated objectives will also be covered. In addition, you will learn how leading companies are leveraging cloud technology to achieve financial performance breakthroughs.
• Longview Solutions
  Modern Building Blocks: Key Technology Trends for the CFO
  
  The lines between Finance and IT continue to blur, and financial leaders are expected to be “tech savvy” and understand the intersection of finance, business and technology. To be effective leaders in both regards, CFOs need to know: What’s new? What’s passé? And what should be avoided at all cost? This session will explore technology trends that have the potential to deliver or hinder progress, pitfalls to avoid and as well as an actionable “punch list” list for 2012.
• Host Analytics
  The Cloud, CPM and the CFO
  
  Spreadsheets have failed. On-premise applications have failed. Finance executives need solutions that will finally help them achieve their highest priority goals: driving fact-based decision-making throughout the organization and putting rigor into financial planning, reporting, and consolidation. Delegates will learn how SaaS corporate performance management can help finance achieve these top priority goals. In addition, the evolution of financial roles and applications, the impact of “The Cloud,” metrics-driven corporate performance management, and the value of a SaaS model will be discussed. Delegates will understand how a SaaS model can make a difference in their organizations and how corporate and functional metrics can help finance executives gain valuable insight into key business drivers and help them make fact-based decisions

10:00a.m.–
10:15a.m.

Break

10:15 a.m.–
11:00a.m.

General Session and Closing

11:30 a.m–
3:30 p.m.

Post-Conference Workshop
Pre-registration required.

(At capacity – to be added to the waitlist please e-mail: FINSummit@executiveboard.com)

This session is open to all Summit attendees interested in the topic and will be available for CPE credits. Lunch will be provided at 11:30 a.m. for members of this session.

Multifunctional Shared Services:
Is Integrated Business Services the End-state?

Multifunctional Synergies
Despite media and pundit buzz, the endstate of Integrated Business Services across Human Resources, Finance, Information Technology, and other corporate functions remains elusive. Companies are making a lot of progress in this space while top challenges in creating an Integrated Business Services organization include redefining functional processes as Integrated Business Services, establishing effective governance to drive integration and improving business unit customer engagement.

We will present and facilitate a conversation of what companies such as Merck, Statoil, Siemens, Air Products and Chemicals and others are doing to advance the breadth of functions and processes included in shared services, and the degree of synergy achieved by advancing through the various “maturity stages” of the shared services

We have put countless hours thinking about and developing our agenda.

To provide a better sense of what you will experience when you join us at CEB’s 2011 Summit, you will find the questions that will set the tone for each of our panel discussions.

Print the full Agenda

Track One: Building a Customer-Centric Corporate Center

In an ongoing quest to find the next level of cost efficiencies, 81% of organizations have undergone major redesign initiatives in the past 12 months. However, focusing on cost and process alone will not be sufficient to enable organizations to outperform their peers and successfully navigate the uncertainties of the future.

Session 1: Integrated Business Services – The next step towards agility?
Questions this session will aim to answer include:

1. What does Integrated Business Services truly mean?
2. Why are companies integrating shared services? What benefits are they expecting to realize?
3. What challenges and risks does the integration pose?

Session 2: FIT FOR PURPOSE: Optimizing the Structure of Finance and Procurement to Serve the Business
Questions this session will aim to answer include:

1. How can companies determine which structure is right for them?
2. What skills are emerging as the most critical in achieving a sustainable partnership?
3. What are the biggest obstacles in implementing change?

Track Two: Gaining Risk Clarity by Evaluating Corporate Culture

Corporate leaders have long acknowledged the importance and value of corporate culture and its relation to a company’s risk management, but until now there has been little historical focus on what exactly constitutes a healthy culture.  CEB research reveals firms whose employees rate their firm’s culture highly outperform peers by more than 16% in 10 year total shareholder return. 

Session 1: Corporate Culture – the Foundation for Corporate Success and Risk Management?
Questions this session will aim to answer include:

1. How are corporate culture and corporate integrity defined?
2. What is the most important metric to evaluate when looking at corporate culture?
3. How can companies use corporate culture to inform risk management practices?
4. How can companies strengthen corporate culture? What should companies look for in their employees?  

Session 2: Risk Clarity in Emerging Markets
Questions this session will aim to answer include:

1. What are the key corporate integrity risks in emerging markets?
2. How can companies address integrity risks in its various markets?

Track Three: Establishing Relevance in Emerging Markets

While only 10% of companies source more than half of their revenue from emerging markets today, 41% of executives expect that level of revenue diversification by 2020. However, many companies expect to see diminishing profitability and higher local competitive risks as more challenges develop in these growing economies.    

Session 1: Market Entry in Emerging Markets: Forging strong and sustainable JV partnerships
Questions this session will aim to answer include:

1. What should companies look for when evaluating potential JV partners?
2. How are companies changing the structures of their JVs to respond to current risks?
3. How should companies evaluate alternatives when JVs are not viable?

Session 2: Protecting Profitability and Crafting Long-Term Strategy in Emerging Markets
Questions this session will aim to answer include:

1. How are companies preparing and organizing to become relevant in local markets?
2. How do successful companies link their talent strategy with enterprise strategy?
3. How are companies sourcing innovation and transferring knowledge among markets?

If there are questions you think we should cover in addition to the above, please tell us (E-mail: FINSUMMIT@executiveboard.com)