Subscribers: 8.754 Thursday, 22.10.2015

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the ICV Board discussed the most important issues of the ICV development in Europe at a board meeting last weekend. The agenda included the internationalization process and the license model, translation ICV materials into English and new ICV Homepage as well as preparations for the Management Conference in Frankfurt on November 28. The Conference will be a chance to celebrate the ICV 40th anniversary in a smaller circle than at the 40th Controller Congress 2015.

What are other news from the ICV? You can read about them below.


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IGC International Group of Controlling
Dream Car: Industrie 4.0 | Controlling in the Age of Intelligent Networks
ControllingWiki
 
International Controller Association  
Dream Car "Industrie 4.0" of the Dream Factory
Smart analytics for smart controllers
Green Controlling Award 2015 for Telekom, VAUDE and Voith
Data visualization at ICV workshops
International guests at the anniversary conference in Russia
 
 
Controlling Scene  
How digitalization is transforming the workplace
Delivering Robust Financial and Corporate Control
A good solution for CFOs but with possible pitfalls
 
 
Miscellaneous  
Current topics and dates from the ICV
 
 
CONTROLLING IN THE AGE OF INTELLIGENT NETWORKS

Dream Car "Industrie 4.0" of the Dream Factory
The ICV Dream Factory ("Ideenwerkstatt") has just published an English Dream Car report "Industrie 4.0". Industrie 4.0 stands for the intelligent networking of products and processes along the value chain. There are many indicators that the paradigm shift long prophesized will not happen overnight but step-by-step. In this context, there will be both opportunities and challenges for management accounting and controlling. There is a wide range of opportunities for the controller to improve process performance management or identify new causal links. The demands upon controlling will increase in the future. While controllers will still need to be a business partner who provides analytical support for the decisions of the manageme nt, they will also increasing slip into the role of change agent. Here, controllers will have to actively shape changes in the company. The goal of the new Dream Car report is to show what is meant by Industrie 4.0, what opportunities and risks it offers, and what consequences it will have for the controller.

To the Dream Car report (PDF):
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SERBIAN WORK GROUP MEETING

Smart analytics for smart controllers
The 23rd ICV Meeting was organized on September 30, 2015 at the Holiday Inn Hotel in Belgrade, in cooperation with the Bisnode company. The topic of the meeting was “BISNODE SMART ANALYTICS”, and the meeting was attended by over 100 controllers and CFOs. On this occasion, Bisnode presented the tools that could be of use to controllers and CFOs in conducting analyses. Special attention was paid to Portfolio Intelligence.

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THREE COMPANIES AWARDED FOR THE MOST INNOVATIVE "GREEN" CONTROLLING SOLUTIONS

Green Controlling Award 2015 for Telekom, VAUDE and Voith
For the first time three companies are awarded with the Green Controlling Award in 2015: the Deutsche Telekom AG, VAUDE Sport GmbH & Co. KG as well as the Voith GmbH. The annually award donated by Péter Horváth Foundation and endowed with 10.000 EUR has been increased this year to 15.000 EUR so that each award winner could take 5.000 EUR on September 23, at the Stuttgart Controlling Forum. The award was presented by Péter Horváth, Chairman of the Jury, and Siegfried Gänßlen, Chairman of the Board of the International Controller Association (ICV).

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AUTUMN IN THE ICV POLAND

Data visualization at ICV workshops
This autumn all work groups in Poland focus on one topic: data visualization for efficient communication and better quality of decisions. Exchanging experiences and exercises based on International Business Communication Standards IBCS has a goal to expand knowledge and gather opinions of Polish controllers about this area.

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RUSSIAN CONTROLLER ASSOCIATION

International guests at the anniversary conference in Russia
On October 9 in Ryazan, a town ca. 200 km south from Moscow, the 4th international scientific-business conference “Management and Controlling in the time of volatile markets and external conditions” took place. The conference was the 30th event of the Russian Controller Association, founded in January 2001. At the picture: Chairman of the Controller Club, Prof. Dr. Sergey Falko (in the middle), from the Moscow Baumann University, Prof. Dr. Wilfried Lux (in the left), FH St. Gallen, Swiss ICV member, and Dr. Giorgio Cinciripini (in the right), President of the Italian Controller Club AssoController.

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ROLAND BERGER AND PETER DRUCKER FORUM HOLD JOINT ROUND TABLE

How digitalization is transforming the workplace
The legendary management consultant Peter Drucker famously wrote in 1967 "We are becoming aware that the major questions regarding technology are not technical but human questions." Almost fifty years later Roland Berger CEO Charles-Edouard Boueé set the tone at the Peter Drucker Forum "How human is your digital agenda?" held in Roland Berger’s Munich office in September. More than 50 high-ranking business leaders from the old and new industries participated in a lively and informed debate on the accelerating changes in the workplace that we experience in the early part of the 21st century. Chaired by Harvard Business Review Executive Editor Sarah Cliffe, the panel included Dassault Systèmes European Vice-President Global Field Operations Laurent Blanchard, Otto Group Vice-President E-Commerce Dr. Lars Finger, e.Ventures Managing Partner Andreas Haug, digitalization expert Jane McConnell and, President of the national MINT Forum Germany, Thomas Sattelberger.

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CONTROLLER SUMMIT, BOSTON, November 12-13

Delivering Robust Financial and Corporate Control
The role of the Controller is evolving dramatically, as many senior finance roles are. As such, they are working more and more with the CFO and other departments in the analysis and formulation of solutions to more strategic issues. They are also integrating with operational areas across the organization to supply financial and non-financial data, as well as providing users who work in these areas with the tools to enable self-service access to informational sources. Innovation Enterprise and CFO Publishing are hosting the annual Controller Summit, this November 12 & 13. The summit is taking place in Boston and is to explore the evolving role of the controller and how they can deliver robust financial and corporate control. Gathering 100+ leading finance professionals to participate in keynote presentat ions, in-depth panel session and Q&As, will delve deep into today’s hot topics and challenges.

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CLOUD SOLUTIONS

A good solution for CFOs but with possible pitfalls
Flexibility and scalability are among the most valued advantages of cloud solutions. Lower costs and agile answers in the office or outside the office are next. Cloud solutions, first used only to support general and operational processes, is evolving to one of the most important business tools of modern. However, CFOs should beware of the traps. An Oracle survey conducted two years ago found that the projects of the majority of enterprises that attempted to integrate cloud technology into their business strategy have failed with average loss of around US$ 185,000.

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SAVE THE DATE!

Current topics and dates from the ICV
The schedule of topics and upcoming dates of controlling conferences and controller's meetings can be found online on the ICV website.

More about EVENTS:
More about WORK GROUP MEETINGS:
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