Defining Value Partnering
By Dave DeFreitas
SVP – Finance & Development
Group CFO - Retired
Agenda
Leading from the front in times of supply chain turbulence
2
Finance & Accounting
Maturity Matrix
Sub-dimensions with assessment statements have been developed to support level selection
3.
Model breaks down a Finance function into 5 Dimensions
2.
Maturity of each dimension assessed against 5 levels aligned to Blooms taxonomy
1.
Let’s Take a Closer Look
Leading from the front in times of supply chain turbulence
3
Where Most Finance Organizations are over the 5 Dimensions
The FAMM 5 Maturity Levels
1.
Demonstrating thought leadership both internally & externally, resulting in targets and actions to drive innovation & change across the organization, regularly identifying & exploiting opportunities for profitable growth
Basic understanding of organizational structure, & operations. Responsible for implementing & achieving results. Works in annual cycles vs. systemic process.
Expert knowledge able to develop strategic vision & provide proactive, unique insight to the overall direction & success of an organization. Formally responsible for actions & decisions that have high-level strategic impact.
Building a moderate understanding of the organization and overall operations. Responsible for monitoring implementation of corporate strategy
Strong understanding of organization's environment, strategic position & direction; strong analytical skills & ability to advise on strategic options for entire organization.
Leading from the front in times of supply chain turbulence
4
Value Creator�Example
Leading from the front in times of supply chain turbulence
5
| Building a basic understanding of the organization structure, operations and financial performance. Includes responsibility for implementing and achieving results. Work is done in an episodic / annual cycle versus systematic process and ongoing. | Consolidating basic knowledge; building moderate understanding of overall organization operations and measurements, including responsibility for monitoring the implementation of corporate strategy. | Strong understanding of the organization's environment, current strategic position and direction; strong analytical skills and the ability to advise on strategic options for the organization. | Evidencing expert knowledge to develop strategic vision and provide proactive, unique insight to the overall direction and success of the organization. This has formal responsibility for organization areas, with actions and decisions having a high-level strategic impact. |
Demonstrating thought leadership both internally and externally, resulting in targets and actions to drive innovation and change across the organization regularly, identifying and exploiting opportunities for growth and realizing value generated.
Future of Finance
Start Your Journey Toward a Truly Revolutionary Future
CGMA Maturity Description
Leading from the front in times of supply chain turbulence
6
The Solution
Embracing Technology Like Never Before
Digital Twin
“(DTO) is a dynamic software model of an organization that relies on operational and other data to understand how this organization operationalizes its business model, connects with its current state, responds to changes, deploys resources and delivers customer value.”
Source: Gartner (paraphrased)
Source: Gartner /
Composite Digital Twin
7
The Solution
How Composite Digital Twin Technology Works
Source: Gartner (paraphrased)
Source: Gartner /
Blast
…It across a company’s entire ecosystem
Build
Entire Business Model of a Company
…The digital DNA of a company
…It to a company’s disparate data
Bind
DIGITAL TWIN
Customer
Dealer
YOUR BUSINESS
Inbound Freight
1st / 2nd Tier Supplier
Real-Time Data Access
8
The Results
What “Done” Looks Like
Leading from the front in times of supply chain turbulence
9
Roundtable Discussions
Questions to Answer
Leading from the front in times of supply chain turbulence
10
Live Content Slide
When playing as a slideshow, this slide will display live content
Poll: How does your organization define Value Partnering today?
Leading from the front in times of supply chain turbulence
11
Live Content Slide
When playing as a slideshow, this slide will display live content
Poll: Where do you see Value Partnering evolving to in the future?
Leading from the front in times of supply chain turbulence
12
Live Content Slide
When playing as a slideshow, this slide will display live content
Poll: What do Finance organizations need to do today to ensure they reach the "Futurist" level of the FAMM in the future?
Leading from the front in times of supply chain turbulence
13
Live Content Slide
When playing as a slideshow, this slide will display live content
Poll: What should Finance leaders do to develop the next generation of leaders?
Leading from the front in times of supply chain turbulence
14
Questions?
Leading from the front in times of supply chain turbulence
15
Leading from the front in times of supply chain turbulence
16
Spend mgmt.
The Results
What “Done” Looks Like
17
Finance Applications
Imagine the Power of Data Unleashed
Here is just some of what Digital Twin Technology Will Support
Business Applications
Leading from the front in times of supply chain turbulence
18
How You Can Use Technology
ESG Reporting
Environmental
Social
Governance
Leading from the front in times of supply chain turbulence
19
ESG Reporting Application
Easily Scalable for Whatever You Need
Visibility & analytics across
your entire company
20