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| NEWSLETTER OF THE INTERNATIONAL CONTROLLING COMMUNITY |
Wednesday, 13.12.2017 |
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Hello,
2017 is still coming to its end. It was an eventful & successful year for the International Association of Controllers (ICV).
We've just experienced a highlight: 60 ICV executives from 11 countries constructively worked together on future topics during the ICV Management Conference in Munich on November 25. With its international conference the ICV took an important development step: For the first time, a meeting of the ICV executives was conducted entirely in English. It offered opportunities to get to know each other better, to network, to exchange opinions and experiences. During workshops, the participants developed solutions for urgent tasks. The ICV-ControllingBlog reports about it (photo: participants of the conference).
We wish you Happy Holidays & a successful New Year!
Your
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| International Controller Association |
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| ICV AWARD FOR YOUNG CONTROLLERS GIVEN AT THE CIB 2017 |
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Controlling Newcomer Award 2017 to Berlin, Graz and Kaiserslautern |
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The Controlling Newcomer Award of the International Association of Controllers (ICV) goes this year to graduates of the Beuth University of Applied Sciences Berlin, the University of Applied Sciences Graz and the Technical University of Kaiserslautern. Doreen Semper from the Beuth University of Applied Sciences Berlin won the first prize for the thesis "Employee management in the Customer Service Center on the example of an inbound project".
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| ICV CONTROLLING EXCELLENCE AWARD |
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Don’t hesitate and compete! |
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The ICV invites you to take part in the competition! On the first day of Europe's largest controlling conference 2018, the Controller Congress (April 23-24, 2018), the best solution will be awarded with the "ICV Controlling Excellence Award". The selection of the best controlling solution is based on the controller’s mission statement defined by the International Group of Controlling (IGC). An exemplary controlling solution has to meet the following criteria: it contributes to a significant change which has been tested in practice; this change affects not only the controlling department, but contributes to the success of the whole company; the change has been developed by controllers in-house and represents an innovation.
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| COOPERATION AGREEMENT |
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ICV launches in China |
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During the ICV Management Conference in Munich on November 25, the ICV Managing Director Carmen Zillmer, the ICV Chairman Siegfried Gänßlen and ICV Board Member Matthias von Daacke signed a cooperation agreement between the ICV and Shanghai De Chen Enterrprise Management Consulting Co. Ltd. (Shanghai DC Consulting). It took place in the skype presence of the Chinese partner, Dr. Zhen Huang, Managing Partner of Shanghai DC Consulting. The contract regulates the cooperation between both sides. This includes i.a. conducting controlling events in China such as work group meetings and conferences under the flag of the International Association of Controllers (ICV).
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| AUTUMN ICV CONFERENCES: ICCC 2017 |
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Over 200 participants at the 5th ICCC in Zagreb |
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The 5th International Controlling Conference Croatia – ICCC 2017 – the most prominent controlling event in Croatia under the auspices of the ICV – took place on November, 8th in Zagreb . The keynote speaker was the partner and trainer of the CA controller akademie dr Klaus Eiselmayer. He spoke about the most recent global trends in the field of controlling with emphasis on the 4th industrial revolution and the influence of digitalization on the striking development of controlling. An award for the best controlling project in Croatia in 2017 was given to Nestle Adriatic for the project „The Model of Achieving Uniform Prices“. The author is Sanija Vnučec Panjkota – regional, business and sales controller for the category of children’s food.
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| AUTUMN ICV CONFERENCES: CAB 2017 BONN |
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„Controlling becomes more 'entrepreneurial'” |
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„Modern controlling – well-founded and proven in practice“ was the motto of the ICV conference „Controlling Advantage Bonn – CAB 2017“ on November 16. The work groups of the West Germany had invited to Bonn. This year, the CAB offered an interesting cross-cutting with lectures on the possibilities and limitations of municipal financial planning as well as on the reduction of bureaucracy. This was followed by presentations on controlling and steering after a carve-out, energy controlling, project management, digital transformation & corporate management and finally the voice as an important tool for successful controllers.
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| AUTUMN ICV CONFERENCES: CCS 2017 STUTTGART |
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Controllers are as important for the company as the heart for the organism |
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The ICV Autumn Conference in southern Germany, Controlling Competence Stuttgart - CCS 2017, took place on November 23. The ICV CEO Siegfried Gänßlen opened punctually at 12 noon. The first speaker started soon after him: Jens Ropers from the CA Controller Akademie reported on a major event dating about 200 years back: Waterloo. How this ended for Napoleon, we all know. But what does it have to do with controlling? Ropers showed in an exciting speech.
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| AUTUMN ICV CONFERENCES: CIS 2017 STEYR (A) |
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Great controlling inspirations at the Controlling Insights Steyr |
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For the 16th time the „Controlling Insights Steyr – CIS 2017“ took place on November 24. The keynote speaker Mag. Viktor Sigl, MBA, KTM AG gave a great speech about current challenges to the CFO and controlling. Holger Schnabel, Insurance & Risk Management, and Yasmin Camara, Zumtobel Group AG presented the digitalization of key processes at Zumtobel. CIS continued with a field report „The planning and management system of the Kapsch Group“ by Dr. Franz Semmernegg. The lecture given by Thomas Röttgen, MAN Truck & Bus Austria GesmbH about cost controlling in restructuring also provided deep insights. Jannis Friedag, ABDEA GmbH, presented how much data the leading companies have. Matthias Frank, Audi AG, spoke on the topic „Contribution of corporate controlling to the digitalization of business“. In the afternoon Prof. Dr. med. Heimo Losbichler closed the „16th Controlling Insights Steyr – CIS 2017”. Please note, the 17th CIS takes place on November 23, 2018 in Steyr.
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| CAPITAL MARKETS OUTLOOK 2018 |
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Deceptive calm coming to an end? |
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The global economy should post consistently solid growth in 2018 and US monetary policy should gradually return to normal. In its Capital Markets Outlook 2018 published in Frankfurt, Deutsche Bank’s capital markets experts point out that there are nevertheless potential economic perils, especially of inflation rising too rapidly. “If the price pressure should climb faster than expected, the central banks could see themselves compelled to make a more aggressive exit from their continuing expansionary monetary policy – with correspondingly negative repercussions for the global economy,” said Stefan Schneider, Chief German Economist at Deutsche Bank Research. 2018 will therefore be characterized by two market-defining factors: on the one hand, the strong global economy, and on the other, the central banks which will have to achieve a cautious transition to a less expansionary monetary policy.
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| NEW REPORT ON THE DIGITAL TALENT GAP |
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Employees are investing their own resources to remain competitive |
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Capgemini, in conjunction with the professional network LinkedIn released a new global report on the digital talent gap, which analyzes the demand and supply of talent with specific digital skills and the availability of digital roles across multiple industries and countries. The report, “The Digital Talent Gap—Are Companies Doing Enough?” reveals the concerns felt by employees when assessing their own digital skills and the lack of training resources currently available to them within their workplace. Highlights include the fact that nearly 50% of employees (close to 60% for digitally talented employees) are investing their own money and additional time beyond office hours to develop digital skills on their own.
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| NEW PWC STUDY |
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Corporate R&D spending with record highs |
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Annual worldwide corporate R&D spending broke through $700bn in annual investment, according to an annual analysis of R&D spending across 1000 global public companies by PwC’s Strategy&. It shows corporate R&D spending increased a steady 3% in the past year, bouncing back from less than 1% increase previously. However, in a global survey with 562 executive participants, R&D leaders expressed concerns about the growing heat of rhetoric about economic nationalism – and its potential impact on where companies invest in R&D how they conduct innovation. Overall, 52% of respondents say that a general move toward economic nationalism will have a moderate or significant impact on their companies’ R&D efforts.
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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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