Business Breakfast: Don’t Just Count Your Beans – Grow Them!
Anyone can track the dollars – how do you use smart financial analysis and technology to grow your business? In some companies, the finance department is only focused on accounting, cash flow and working capital management. In other companies, finance has created control and justification processes that require a lot of work but take too long and don’t seem to add a lot of value.
This session is targeted to companies with established accounting/finance departments that provide the basic financial information, but would like to increase their strategic and analytic contribution to the business. In “best-practice” companies, the finance department has a seat at the table for key decisions, works in partnership with the business managers, and helps the company achieve its strategy and objectives.
In this session, Mike Jokerst, an experienced CFO will help you understand the difference and give you some ideas about what to do about it. In addition, Hal Krebs, a company president will give examples of how he uses financials to make decisions, where he invests his time, and what he looks for from a CFO. The following topics will be discussed:
- Partner versus “cop”: How finance works with the business to drive alignment and success.
- What does the business need from Finance?
- Business analysis – looking through the windshield, not in the rear view mirror.
- One version of the truth. Establishing credibility with the business.
- Key differentiators of highly successful, best-of-breed, CFOs.
- OK, I get your point. Finance needs to change – how do I start?
7:30-8am: Networking
8-9am: Presentation
9-9:30am: Q & A, Networking
Speaker Details:
Mike Jokerst, founder and president of CFO Leadership, LLC, is a CPA, business executive and entrepreneur who has held leadership roles in finance, operations, and accounting for over 25 years. Mike has a strong track record of helping organizations deliver superior financial results and leading projects and processes that improve business performance. His success is attributable to a focus on long-term value creation by building engaged, high performing teams, improving processes in a sustainable manner, and collaborating with the business. He also brings exceptional analytic capabilities to help solve tough business challenges.
He served Nationwide Insurance for 16 years in various roles, including CFO of its shared service company and vice president of enterprise-wide sourcing and supplier management. Additionally, he co-founded an educational publishing company and worked with several small businesses as General Manager, CFO, Controller, and in advisory capacities. He began his career with KPMG, a big four accounting firm.
Hal Krebs
Hal Krebs, President of Meridian Managed Technologies, Inc. is a business executive who has held senior leadership roles in several business and office technology firms. Hal has a track record for delivering significant business growth and profitability for over 17 years. He has the unique combination of skills that range from strategic thinking to effective analysis and implementation. Additionally, he has significant leadership skills that allow him to lead people and develop talent who grow the businesses he runs.
Hal has an ability to use data provided by team members and process partners to set a clear business direction, monitor progress and refine his direction. He is a trusted advisor to his clients and a trusted leader to his people.