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| NEWSLETTER OF THE INTERNATIONAL CONTROLLING COMMUNITY |
Thursday, 04.11.2016 |
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Hello,
in times of dynamic, profound changes, you can achieve success by acting fast, agilely and innovatively. The "Dream Factory", a group of specialists and innovators at the International Association of Controllers (ICV), starts a new theme of the year under a new leadership. "Digital business model innovations and the controller’s role" is the new theme of the year. The Dream Factory is going to analyze the impact of digitalization-driven business model innovations on controlling processes. It will give impulses how controllers can contribute to the development and implementation of business model innovations.
We can assure you that about the results we will inform you in the E-News!
Your
e-News-Team |
Give us feedback
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Call us
+49 (0)8807 949094
Visit us
ICV Website
Our recommendations
Dream Car Report Business Analytics
Munich Congress 2017: 1st time of ENGLISH
ControllingWiki
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| International Controller Association |
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| ICCC INTERNATIONAL CONTROLLING CONFERENCE CROATIA |
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The Future of Controlling has already begun |
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The 4th ICCC – International Controlling Conference in Croatia, takes place on November 8, 2016 in Zagreb - Westin Hotel. The main topic of this year's conference, which is entitled “The Future of Controlling has already begun”, is inspired by economic development influenced by global changes, and controlling has a major role to play in this regard. Experts from Germany, Austria and Poland will share their experiences with their Croatian colleagues. All the lectures will be given in Croatian and English, and simultaneous interpretation will be available. Among the speakers are Jasmina Očko, Kontroling Kognosko (Croatia), Rita Nideremayr-Kruse, Controller Institut Wien (Austria), Goran Sejdić, International Performance Research Institute (Germany), Dietmar Pascher, Controller Akademie (Austria), Edyta Szarska CIMA, Controlling Partner (Poland), Karol Sikora, Poczta Polska (Poland) and Karl-Heinz Steinke, Lufthansa AG (Germany). Don’t miss the chance and register now!
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| SUSTAINABILITY IN COMPANIES |
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Green Controlling Award for two companies this year |
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The Green Controlling Award goes this year to Robert Bosch GmbH and the DATEV eG. On Wednesday (21.09.2016) the founder Prof. Dr. Dr. H. C. mult. Péter Horváth and ICV CEO Siegfried Gänßlen presented in Stuttgart the Green Controlling Award for "Development of a system for strategic and operational environmental controlling" at Robert Bosch GmbH and the "Sustainability Check - management tool for embedding sustainability in corporate management" at DATEV eG. With the award Péter Horváth Foundation in cooperation with the International Association of Controllers (ICV) annually praises controlling solutions that exemplarily integrate sustainability aspects in the company controlling.
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| 42TH CONGRESS OF CONTROLLERS 2017: |
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Munich: All plenum speeches will be translated into English |
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The 42nd Controller Congress (May 15-16, 2017), the main controlling event in Europe, will be in two languages for the first time. For participants from the non German speaking countries the International Association of Controllers (ICV) is going to translate into English all the speeches in plenum as well as to organize one English speaking session on Monday (15/05/2017) afternoon.
Please note the Munich congress in your time table 2017: May, 15-16th!
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| ICV & RUSSIA |
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Prof. Dr. Sergey Falko now 60 |
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The chairman of the Russian Controlling Association, Prof. Dr. Sergey Falko, Baumann University Moscow, celebrated his 60th birthday on October 5. The Russian controlling pioneer and long-term partner of the International Association of Controllers (ICV) Prof. Falko has very close relations with the ICV, he’s also engaged in the work of the International Group of Controlling (IGC). He regularly visits the Controller Congress in Munich and is a guest at the Controlling Insights Steyr (CIS). Prof. Falko invites the ICV experts as speakers for meetings and symposia of the Russian Controller Association. He has contributed extensively to the dissemination of the ICV controlling philosophy in the Russian-speaking world with numerous translations, especially of the ICV literature.
Russian Association of Controllers (ENG)
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| DEUTSCHE BANK RESEARCH: BREXIT RESULTS |
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What Brexit means for regional and cohesion policies in Europe |
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Brexit affects regional policy both in the UK and in the EU27. It has a direct impact via financial adjustments for the individual funds, and indirect effects, possibly influencing the budgetary debates to come and adjusting regional policy priorities. Regional and cohesion policy accounts for about a third of the EU budget. It is a major spending item and the EU’s main investment policy. Up until now, the UK has contributed to the budget and UK regions received funds. Also, macro-economic averages used to determine eligibility for funds are based on the EU28. Thus, Brexit could mean losing a net contributor to the budget, UK regions as recipients and adjustments to economic averages for an EU27. However, the effects are highly contingent on the timing of Brexit and the planning processes and preparations for the new EU budget beyond 2020.
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| EY-STUDY EXAMINING MILLENNIALS AND THE ECONOMY OF THE USA |
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Millennials balance hopeful aspirations and harsh economic realities |
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“This is a generation that values hard work, and they are willing to make the sacrifices necessary to get ahead in life. They will move away from home, they will commute long distances, to get the right job,” said Kate Barton, EY Americas vice chair of tax services about the millennials generation after EY and the Economic Innovation Group (EIG) today released a new national survey of Millennials gauging their views on a variety of issues related to the economy, education, American institutions, and the challenges they continue to face almost seven years into the recovery from the Great Recession. Millennials will be the most educated generation in U.S. history, but they are not convinced that higher education will provide them the same leg-up on the path to prosperity that it guaranteed earlier generations.
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| THE HACKETT GROUP: 2016 ANALYSIS OF FINANCE BENCHMARKS |
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Digital Transformation and Analytics-Based Decision Making Among Key Imperatives for Creating Finance Agility |
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World-class finance organizations now spend 42 percent less than typical companies and use 44 percent fewer staff, while at the same time driving higher levels of effectiveness, agility, and insight, according to the newly-release 2016 analysis of finance benchmarks from The Hackett Group, Inc. The research quantifies the performance advantage of world class compared with typical finance organizations. For a typical company with $10 billion in revenue, attaining world-class performance represents as much as $40 million in potential savings annually. The research finds that digital business transformation is one of five initiatives key to achieving world-class performance. Digital technology is creating new opportunities to transform finance service delivery, and world-class finance organizations focus greater resources in this area. World-class finance organizations also enable analytics-based decision making to generate insights that improve enterprise agility.
A public version of the research is available on a complimentary basis, with registration, here.
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| ROLAND BERGER STUDY |
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Digital health market average 21 percent growth per year through 2020 |
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The digital transformation of the health market is gathering pace. Experts from Roland Berger anticipate more than a doubling of the global market volume from just under 80 billion dollars in 2015 to more than 200 billion dollars by 2020 – at average annual growth rates of 21 percent. "We are currently observing a great deal of momentum in the health market. Young start-ups are coming in with new business models," explained Roland Berger Partner Thilo Kaltenbach. "We are also seeing huge amounts of investment. In the US alone, over 4.5 billion dollars of extra financing went to healthcare start-ups in 2015. Europe remains highly attractive for the start-up scene, too. More than 20 incubators and numerous industry initiatives combine to create a really good environment. Policymakers are also investing: the European Commission's Horizon 2020 initiative, for example, makes 600 million euros available for Europe's digital future."
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| SAVE THE DATE! |
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Current topics and dates from the ICV |
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The schedule of topics and upcoming dates of controlling conferences and controller's meetings can be found online on the ICV website.
All upcoming ICV EVENTS
Scheduled ICV WORK GROUP MEETINGS |
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Published by:
International Controller Association
Münchner Str. 8, D-82237 Wörthsee,
in cooperation with the Controller Akademie AG
and the Verlag für ControllingWissen AG.
Edited by:
Anna Wlodarczyk, ICV Poland, Poznan;
Responsible editor: Hans-Peter Sander, EastWestCom, Ammersee Denkerhaus - Coworking Space, Sonnennstr. 1, D-86911 Diessen/Ammersee
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