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| NEWSLETTER OF THE INTERNATIONAL CONTROLLING COMMUNITY |
Monday, 24.07.2017 |
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Hello,
"Digitization" is the dominant topic in all areas. Also the latest top current study of the WHU Controller Panel, which is supported by many ICV members, notes: Although digitization is a topic of great importance in most companies, there is an enormous need to catch up with the digitization strategy and invest in digitization.
What all this means to the controlling community? The International Association of Controllers (ICV) is dedicated to these questions. E.g. the "ICV Digitization Offensive" initiated by the expert group "BI / Big Data & Controlling" with partner’s offers as well as coming ICV autumn controlling conferences in different countries .
Find out more and take advantage of the offers! That recommends
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| International Controller Association |
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| HOLIDAY ACTION |
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ICV bags on summer tour! |
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The ICV is international. We show it to the whole world! Play with us! This summer members and friends as brand ambassadors make the ICV world-famous. Take our ICV bags with you on your summer trip and send us vacation pictures with the ICV bags & name of the place where you took it! From the North Cape to the Aegean Sea, from the Wild West to the Far East. We post your photos here, on our ICV ControllingBlog. Among all senders we will raffle books by the end of September. Good trip, good rest – the ICV PR team wishes you!
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| ICV CORPORATE MEMBERSHIP |
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We welcome Aprimano, Stiebel Eltron & Transgourment in the ICV! |
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We welcome in the ICV three new corporate members: Aprimano Consulting GmbH in Hamburg, supports as a company advisory the top management of big and medium companies in development of new strategies; Stiebel Eltron GmbH & Co. KG in Holzminden, an international and one of the leading suppliers of technology for building services and renewable energy equipment; Transgourmet Deutschland GmbH & Co. OHG in Hessia Riedstadt, specialist for supplying large-scale consumers in the hotel industry, catering and social facilities, as a full-range supplier of food, consumer goods and catering equipment from a single source.
Currently the ICV has 133 corporate members, 16 of them joined in 2017.
More about ICV corporate membership
Overview of ICV corporate members
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| 1st CONTROLLING BARCAMP |
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Premi"Wellness day for the controller soul" |
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On the evening of June 24, when the last guests of the #openspace Berlin said goodbye, members of the organizing team: the ICV board member Matthias von Daacke, CA coach Martin Hauser and Hans-Peter Sander, Head of the ICV Team PR / New Media celebrated with a cold beer the just finished (very first) ICV Controlling Barcamp. An exciting barcamp with nearly 80 highly satisfied participants and challenging months of work were now behind the Orga-Team. Spontaneous praise had been already abundantly given: In the Barcamp app a participant wrote: "Wellness day for the controller soul! Informative and very informal!". In his final speech, Joachim Köhler, co-founder and COO #openspace Berlin, had even declared: "Congratulations to the ICV for placing itself at the forefront of the Barcamp movement in controlling!"
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| GREEN CONTROLLING AWARD 2017 |
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Register your sustainable controlling solution! |
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Controllers as business partners are required to actively support the implementation of sustainability targets. In cooperation of the International Association of Controllers (ICV) and Péter Horváth Foundation, the most innovative and effective "green" controlling solution for the design and management of ecological strategies, programs, projects and measures in companies and public institutions is awarded each year in order to promote the work of controlling on the "green challenge". The best solutions will be awarded with 10.000 euro. To participate – describe your ecological solution answering following questions: What was the problem to solve?, What was the idea of the green controlling solution?, What was innovative in the project?, How was the green controlling solution implemented?, What was the role of controllers? and What was the economic and ecologic result (the effect)? Subscribe by August 15, 2017!
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| EXPERT WORK GROUP MEETING |
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ICV expert work group Green Controlling works on "Sustainability Analytics" |
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The ICV expert work group Green Controlling met on July 6 at Fresenius University (picture). Prof. Dr. Lotter presented how business models can be viewed holistically, including social and ecological resources, and how they can be structured using a "Sustainable Business Model Canvas". A second focus was "Sustainability Analytics". The consideration of business analytics in the context of sustainability topics. The expert work group has developed a basic understanding as well as a roadmap for the further processing of the topic.
To the ICV expert work group Green Controlling
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| DEVELOPMENT & IMPLEMENTATION OF DIGITAL BUSINESS MODEL INNOVATIONS |
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New "NEWS Dream Factory | Quarterly" |
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The latest edition of "NEWS Dream Factory | Quarterly ", a regular newsletter on the results of the ICV Dream Factory, is available for free download (PDF) on the ICV website. The authors deal first with the phases in the development and implementation of digital business model innovations and show how the controlling can contribute. In doing so, they focus in particular on the controlling instruments to be used. They then consider the valuation of new business model ideas. Finally, the authors illustrate by means of an example, with which innovative business model innovations the potentials of digitization can be exhausted.
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| TRUST FOR A LONG-TIME ICV MEMBER |
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Eberhard Schwarz was elected as ICV auditor |
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Eberhard Schwarz has been elected ICV auditor by the ICV Annual General Meeting on May 14. He follows Manfred Grotheer in the honorary office. Schwarz has been an ICV member since 1980. From 1997 to 2007, he was head of the work group AK Nord II, afterwards - until today - deputy WG leader. In the last 15 years, Schwarz was the General Manager and Director of Finance, Accounting, Controlling, Human Resources, IT and Procurement at the Niehoff Group. Today Schwarz is responsible for medium-sized companies in the consulting and advisory board. Among others he is honorarily engaged in the auditing of the Schwabach Chamber of Commerce and Industry.
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| CONTROLLING KNOWLEDGE FOR THE INTERNATIONAL COMMUNITY |
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ICV "Working Capital Management" now also in Russian |
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The Russian edition of the ICV publication "Working Capital Management – A Guideline for Sustained Optimisation of Inventories, Receivables and Payables" was very well received at the 6th International Scientific and Practical Controlling Conference of the Russian Controller Association (Prof. Dr. Sergey Falko). The work, published in the ICV's "Working Capital Management" Work Group and published in the ICV series, was already available in English. ICV members can download the publication free of charge from the ICV website or in the print version at the ICV office at Stephanie Wirth. Details and ordering options for non-members in the Haufe-Shop.
More about the ICV publication series
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| INTERNATIONAL OBSERVATORY OF MANAGEMENT CONTROL SURVEY |
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Survey in 40 countries looking for participants |
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The "International Observatory of Management Control Survey" is looking for participants. The survey was initiated by the French Chief Financial Officers and Controllers Association (DFCG) with partners for the seventh time. With the survey in 40 countries the perimeter, the activities, the tools and the methodologies of the management controllers are monitored all over the world. The findings are intended to provide a better understanding of current challenges and the attitudes and views of colleagues in other countries. In addition, best practices in the controlling community are to be shared. First results will be presented at the World IAFEI Congress in October and will be available on the IAFEI website at the end of the year.
To the survey
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| “INDUSTRIE 4.0” PLAYS A KEY ROLE FOR THIS DEVELOPMENT |
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Robotics and automation outperform, backed by "Industry 4.0" |
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The German mechanical engineering sector recently tripled its growth forecast for 2017, from 1% to 3% (both in real terms). Robotics and automation is an important growth driver; this sub-segment is likely to increase output by 7%, i.e. double the rate of the segment as a whole. The mega issue “Industry 4.0” plays a key role for this development. As this trend is gaining importance both in Germany and around the world, the medium-term outlook for the sub-segment remains excellent as well.
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| STUDY BY ROLAND BERGER |
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Many companies struggle to maintain asset efficiency, ultimately damaging their bottom line and ability to execute strategic moves |
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Tangible assets like buildings, machinery and manufacturing equipment are the basis upon which companies earn their profits. Unsurprisingly therefore, the total industrial asset base spread around the world is worth an estimated EUR 550 trillion. But these assets are not always put to efficient use: the average revenue generated for each euro invested in the asset base is EUR 2.5. That said, the differences are vast: the leader in each industry does significantly better than this – more than three times better than the average, generating EUR 7.8. The flipside, of course, is that many players do significantly worse. These are the findings of the study "The asset efficiency game – Making the most of tangible investments" by Roland Berger, for which they analyzed 150 internationally operating companies from a range of industries. The experts also recommend specific measures that companies can take to improve their asset efficiency.
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| IESE’S CITIES IN MOTION INDEX |
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Europe and the US have the “smartest” cities |
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New York, London and Paris top the fourth edition of IESE’s Cities in Motion Index (CIMI), with top qualifications in almost all criteria used in the index. New York is the world’s most important economic center, ranking first in this dimension, and is in second place in Technology. London tops the Mobility and Transportation and the Human Capital dimensions, being the city with the highest number of business schools and universities, while also standing out in International Impact (2nd). First in International Impact, Paris proves the world’s most popular tourist destination.
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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 GROUPS
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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, Sonnenstr. 1, D-86911 Diessen/Ammersee
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