CFO Studio Magazine with Dominic Caruso, CFO, Johnson & Johnson

11AM 10AM 20 WWW.CFOSTUDIO.COM Q4 2016 Innovating to Win CFOS TOUCHDOWN ATMETLIFE STADIUMFOR INSIGHTS ANDNETWORKING O n just one day each a year, all the announcements and banners and cameras, usually reserved for sports heroes at MetLife Stadium, instead celebrate CFOs. That is the day when CFO Studio takes over venues like the Coaches Club at the stadium for educational sessions, and finance executives pour in to listen and learn, question, and share experiences. The energy is appreciable. (If only it were possible to harness all that brainpower!) With rapt attention, S&P 500 CFOs as well as finance chiefs from much smaller firms absorb insights — not technical accounting points but broader views of the business landscape and the CFO’s changing role in it. Most end the day with a renewed understanding of the tools they might use in meeting their company’s challenges. The 2nd annual event was held May THACK BROWN, General Manager and Global Head LoB Finance, SAP AMERICA “We are at a point in which changes that are coming in technology are going to fundamentally and irreversibly change the way finance organizations work. [One example that SAP has implemented is called in-memory technology]... We’re taking databases off of discs and we’re moving that into the main memory of the computer, which is dramatically faster ... [and] allows you to shrink down and use that technology to reduce the data footprint. ... We took our ERP footprint in data and reduced it from almost 8 terabytes now down to 1 terabyte; we’re trying to get it down to 250 gigabytes. ... What this means is we can work with data ... in a way we’ve never been able to do before.” HIGHLIGHTS FROM THE 2016 CFO INNOVATION CONFERENCE & AWARDS Learn more about the presenters www.CFOstudio.com KNOWLEDGE TRANSFER DAWN FAY, District President ROBERT HALF “When you think of companies like Uber and Google, when you think about the roles that these CFOs have ... taking a company and scaling it to 50 different countries, and you’re raising capital, and you’re dealing with venture capital firms, it is a very different type of job than it used to be. I think that we’re going to continue to see more of that. And the nice part is the exposure that CFOs are getting, the thought leadership, the opportunities to really shape companies. ... So you need to think about who in the organization do you need to be building relationships with. ... The venture capital firms, the first thing that they want to know before they invest in an organization is who is the CFO and who’s part of that team.” TAKE-AWAYS