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Start: October 12, 2011 7:30 am Venue: LaCava Center at Bentley University
End: October 12, 2011 9:45 am    
Cost: $50 Address:
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175 Forest Street, Waltham, MA, United States

From Vision to Reality: How CFOs Use Strategy to Drive Budgets
Wednesday, October 12, 2011
LaCava Center, Bentley University
8:00 – 9:40a.m.

Register for Vision to Reality:  How CFOs use strategy to drive budgets in Waltham, MA  on Eventbrite

Within the past few years, more companies are investing their efforts and focus to strategic planning for long-term growth and success. Not only does this shift in focus put companies back in the ‘driver’s seat’ of their growth, but also blows open the door of opportunity to empower CFOs to become strategic, visionary leaders within their own organizations.

Join the CFO RoundTable in October as we present From Vision to Reality: How CFOs Use Strategy to Drive Budgets, where we will discuss how a CFO can successfully manage their necessary operational responsibilities while effectively contributing to and helping to guide the greater strategic plan of their organization.


Our panel of experts will discuss:

  • Where CFOs are expected to contribute in the strategic planning process, and other areas of opportunity to demonstrate value and leadership
  • How the CFO can be the “voice of reason” in the heated debate during the planning cycle
  • Best practices to successfully engage other areas of the business in the planning cycle
  • Assess value drivers of the organization, including M&A, international expansion, divesture and strategic alliances
  • How CFOs can aid their CEOs and other C-Suite executives on ‘selling’ the plan to the board or other internal and external stakeholders
  • Advice on minimizing major planning pitfalls, including lack of accountability or commitment, sandbagging, etc.
  • The contrasting set of operational and strategic responsibilities now expected of CFOs
  • How CFOs can best utilize their existing resources (or ask for new ones) to help manage their primary obligations and responsibilities

Learning Objectives:

From this panel, attendees will learn how to:

  • Approach the budgeting and planning process with a clearer understanding of board & CEO expectations
  • Effectively manage both their operational and strategic roles and responsibilities, including maximizing internal resources to take control of day-to-day operations
  • Recognize common pitfalls in the strategy process and how to avoid them
  • Enhance value by including M&A, international expansion, divesture and strategic alliances
  • Effectively communicate the strategic vision and business plan to the Board on an ongoing basis
  • Adapt the planning cycle to the evolution stage of the company, recognizing value drivers and how they impact the business model and financial plan
  • Leverage existing internal resources during the planning process
  • Maintain an equitable balance between fiscal responsibility and strategic leadership when “selling” the budget

Our speakers include:

D. Tyler Drolet, Chief Financial Officer, Active Endpoints
Tyler has more than 20 years of experience driving finance, operations, strategy and capital formation for high growth technology companies. He currently serves as CFO at Active Endpoints, which is a venture-backed software company that provides a unique platform to develop, integrate and deploy business process applications on-premise and in the cloud. Before joining Active Endpoints, Tyler was the Chief Financial Officer, Treasurer and Secretary of BlueShift Technologies, a semiconductor systems and automation company. Prior to BlueShift Technologies, Tyler was Director of Finance for Groove Networks (acquired by Microsoft), a software company that introduced the Groove platform for collaboration via the Internet, where he built the company’s financial and operating infrastructure. Earlier in his career, Tyler held CFO and senior financial positions for Adero, ZipLink and Auburn International. He began his career in public accounting with Arthur Andersen LLP and Tonneson & Company, CPAs. Tyler holds a B.S. degree in Business Administration from Bucknell University and is a Certified Public Accountant (CPA).

John F. Gilbert III, President and CEO, Vermont Teddy Bear Company
One of the world’s leading authorities in brand building and brand revitalization, John is the CEO of Vermont Teddy Bear Company, along with a portfolio of other brands including PajamaGram, PajamaJeans, and Calyx with total projected 2010 revenue of $70MM. Prior to Vermont Teddy Bear, John was the EVP and CMO of the TJX Companies, and operated a portfolio of leading brands across the globe including TJ Maxx, Marshall’s, HomeGoods, Bob’s, AJ Wright, Winners, HomeSense, TK Maxx, and TK Maxx Germany.

Prior to TJ Maxx, John was the VP of Marketing for Dunkin’ Brands. For more than 20 years John has led marketing initiatives for several of the world’s largest companies, and is renowned for generating sales growth that exceeds industry averages. Prior to joining Dunkin’ Brands, Gilbert served as Chief Marketing Officer for Kentucky Fried Chicken, where from 2001 to 2003 he directed all marketing functions, including consumer insights, brand management, advertising, public relations, field marketing, and comprehensive strategies, and also was involved in store layout and design, and new product development.

John holds an MBA, with a focus in finance, from the University of Louisville. He earned a Bachelor of Arts degree in creative writing from the University of Maine, and was awarded the Steven Grady Creative Writing Scholarship.

Eileen Tobias, Director of Financial Planning & Analysis, NetSuite
Eileen Tobias brings to NetSuite over 19 years of experience in FP&A and Accounting in her role as Senior Director of Financial Planning and Analysis. In this role, she leads the worldwide Financial Planning and Analysis function, which includes strategic planning, forecasting, reporting and analysis. Through her role, she directly supports the senior executives of NetSuite in charting the future course of NetSuite’s growth.

Prior to joining NetSuite in 2005, Eileen held finance positions at Brocade Communications, BEA Systems, Hewlett-Packard, and Price Waterhouse. Eileen holds a BA in Plan II Liberal Arts Honors with a concentration in Business Administration from The University of Texas at Austin.

John P. Ward, Jr., Managing Director, Key Venture Partners
John brings over 20 years of investment and operating experience to Key Venture Partners with a focus on Saas, telecommunications, data services and information technology services. He currently serves as a board member of Fusion Media Group, ServiceCEO, Band Digital, Xactly, airBand, airwide solutions, and OpSource.

Prior to Key Venture Partners, John was a General Partner and M/C Venture Partners, where he was responsible for leading investments in the communications and IT industries. His investments and board-level responsibilities included Fusepoint Managed Services (acquired by Savvis, NASDAQ: SVVS), Vertical Communications, Intellireach (acquired by InfoCrossing, now Wipro, NYSE: WIT), Nuvox Communications, (acquired by Windstream, NYSE: WIN), Attenda Ltd., and Hyperperformix. Prior to joining M/C Venture Partners, he was a Vice President at BancBoston Ventures, where he had been focused on early stage venture capital investing in information technology, communications, and healthcare companies.  Previously, John held operating roles at Fidelity Investments in sales and marketing, and served five years as an officer with United States Naval Intelligence.

John earned his MBA with the Amos Tuck School at Dartmouth College, and a MAP at the Kennedy School of Government at Harvard University. John earned his Bachelor’s degree at Middlebury College.

Andy West, Principal, McKinsey & Company
Andy is the leader of both McKinsey’s Merger Management group and the High Tech Practice. He serves clients across a range of industries including software, consumer electronics, telecommunications, and life sciences.

Andy has helped drive effective post-merger integration as well as worked with clients on restructuring and performance transformation, salesforce integration, and building go-to-market strategies. He has worked with several of his clients to deliver rapid growth through serial acquisitions that include developing their overall integration approach; managing back-office consolidation; and helping build merger-management capabilities to support future acquisitions.

In his work on major global mergers and joint ventures, Andy has helped identify synergies and transformational revenue-growth opportunities. In such deals, Andy’s role has included leading the management office; profiling the organizational health of the merging companies; creating change-management programs; and helping establish new corporate centers and governance models. He has also helped clients capture immediate sales opportunities arising from mergers.

Andy earned a Bachelor of Arts in political science and communications from Washington University, as well as his MBA in finance, entrepreneurship and strategic management from the Kellogg Graduate School of Management.

Other Information:

  • Program level: Advanced
  • Recommended CPE: 2.0
  • Program prerequisites: None
  • Advanced Preparation: None
  • Delivery Method: Live/Group

The CFO RoundTable is registered with the National Association of State Boards-of-Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org.