CFC2133. How Finance Can Enable Innovation: Where to begin
As a Finance leader you recognize the urgent need for transformation in your business’ products, services, manufacturing and delivery strategies, and employee and customer experiences. You see it in the financial results, the trends, and the pressure on the CEO who is now relying upon the CFO and their team more than ever to be a strategic change partner. If the pace of change pre-covid wasn’t enough of a stimulant, the aftereffects of the pandemic are focusing Boards and the C-suite on innovation as a priority in all aspects of the business model.
But where do you begin?
How can the CFO and their team partner with the CEO and the rest of the organization to enable innovation? What is the role of the finance function in defining, executing, and achieving innovation results that create stakeholder value?
In this closing session, Amy Radin, a corporate innovation trailblazer and author of the award-winning book, The Change Maker’s Playbook: How to Seek, Seed and Scale Innovation in Any Company, will provide insights and answers to these critical questions, and send you off energized, and with practical advice, tips, and tools to help you adopt the necessary mindset, skills, and capabilities you will want to have for this next era in business.
The CFO role is evolving, and all members of the finance function have a unique opportunity to use their historical mandate in new ways to connect the dots between innovation strategies and financial outcomes -- supporting decisions that unlock growth and manage the inevitable risks of change, ensuring that the organization executes for success.
Learning Objectives:
- Understand the value of innovation and why it is critical to any business
- Define what it means to innovate (revolution and evolution) and address the stumbling blocks and barriers to progress
- Propose ways in which Finance leaders can inspire innovation and facilitate achieving business outcomes
- Introduce a framework for executing innovation
- Provide tools, tips, and practical advice for immediate application
