Increasingly, CFOs are expected to be more strategic decision-makers in the business, as noted by the growing trend of promoting chief financial officers to the CEO role, which has occurred at companies like UPS, PepsiCo, and Siemens AG in recent years.
The program elevates your role to one of a “value integrator,” a term coined by IBM in its Global CEO Study to describe the best-performing CFOs. These leaders excel at taking highly unstructured and somewhat ambiguous situations and putting structure around them by integrating information from numerous internal sources. You enhance your ability to forecast, measure and monitor business performance, manage risk, and generate predictive insights.
Wharton faculty, led by David Wessels, an expert in corporate valuation named by Bloomberg Businessweek as one of the nation’s top business school instructors, apply their field-based research and the latest strategic insights to help you broaden your perspective on how to make your organization more competitive.
The program offers a strategic toolbox to help you be a better advisor and decision-maker to your company. Wharton creates a live lab where you and your peers, also seasoned CFOs, learn from real-life case examples and apply frameworks to different situations that go beyond the P&L statement — enabling you to drive strategic investments for the future. You’ll leave the program better equipped to handle internal and external pressures, including the growing role of activist shareholders.
In sum, this program enables you to focus more externally on the fast-paced changes that are redefining your business and be viewed as key member of the executive leadership team.
Session topics include:
- Link Between Corporate Strategy and Value Creation
- Driving Organic Growth
- Measuring Performance
- Critical Thinking
- Creating and Sustaining Competitive Advantage
- Strategy Audit and Connected Strategy
- Real Options (Managing Risk and Uncertainty Using Real Options)
- Strategic Persuasion
- Designing the Corporate Portfolio
Through highly interactive lectures, exercises, and case studies, both in the classroom and in smaller work groups, this deep dive into strategy will examine how CFOs have created competitive advantage in a global context.
Overall, you will learn how to:
- Enhance your strategic thinking skills outside traditional areas such as accounting and finance
- Bolster your leadership skills to better communicate with non-financial colleagues
- Be a better decision-maker who can assess disparate data from many areas of your company and help the CEO, board, and other leaders create a long-term path forward