Asia CFOs Confront Cybersecurity, Weigh Insourcing vs. Outsourcing and Bone Up on Business
Asia CFOs’ Peer Group members gather in Shanghai on October 19 at the offices of sponsor Deutsche Bank to discuss issues including China’s Belt and Road infrastructure initiative, the 2018 economic outlook, Bitcoin and talent management.
Here are some key items on the agenda:
Preparing for Cyber Attacks. Deutsche Bank will lead a session on what the rapidly growing outbreak of cyber attacks means for finance, with a discussion of cross-border data protection methods, preventative measures and the banking industry’s response to recent attacks. We’ll dig into the strengths and weaknesses of cybersecurity - the body of technologies, processes and practices designed to protect networks. And we’ll talk about what to do in the aftermath of an attack if your defenses fail.
Out with Outsourcing? An Asia CFO and Asia head of SSC will tell members about the decision to move their company’s shared service center finance operations back inside after outsourcing the function became too costly and less efficient. This is a critical question for finance as business units demand ever faster, more accurate information from finance teams to support decision making. We look forward to a lively discussion and debate over the value proposition of insourcing versus outsourcing of key finance transactions and activities.
Developing Business Smarts. Every company wants business-savvy accountants and finance professionals who ‘get’ how finance fits into the bigger strategic picture. This session will offer views on challenges in building business acumen in the finance staff, offering tactics to: develop skills in business simulation scenario analysis; to comprehend industry ecosystems; and to understand cross-functional impact analysis.
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