CFO Advance. Strategy+knowledge for high performing finance leaders

Transcription

1 15 20 September 2013 Balgownie Estate Vineyard Resort & Spa, Yarra Valley, Victoria CFO Advance Strategy+knowledge for high performing finance leaders Developed in conjunction with

2 2 Progress as a leader with CFO Advance CPA Australia brings you expertise in thought leadership through CFO Advance, an exclusive and premium five-day residential training program for all current and future CFOs. Developed in conjunction with the internationally renowned University of Chicago Booth School of Business and hosted at the beautiful Balgownie Estate Vineyard Resort & Spa, CFO Advance is a must-attend for Effectively manage and lead change, strengthen leadership skills and implement strategies to build organisational value. CFO Advance focuses on the pivotal areas of financial strategy, leadership and other key drivers for organisational change and growth. The program will also hone your skills in stakeholder management, board presentations and sustainable strategy development and implementation.

3 3 The Chicago Booth experts Joshua Klayman Kevin Rock Professor Emeritus of Behavioral Science The University of Chicago Booth School of Business Professorial Fellow Melbourne Business School The University of Melbourne, Australia Professor Klayman earned his PhD in developmental psychology from the University of Minnesota. He has served as director of the Booth School of Business Decision Research Laboratory and as president of the Society for Judgment and Decision Making. Professor Klayman joined the faculty of the Booth School in 1980, and has been a frequent visiting member of the Melbourne Business School since He is also a partner in the consulting firm Humanly Possible, Inc. Professor Klayman has taught MBA and executive courses in North America, Europe, Australia, and Asia. He is a leading researcher in the areas of learning and judgment in individuals and organisations, with applications to organisational change, managerial decision making, planning, problem solving, and talent development. He consults on organisational issues with multinational and smaller businesses and with not-for-profit and governmental organisations. Clinical Professor of Finance The University of Chicago Booth School of Business Professor Rock received his PhD and MBA from the University of Chicago Booth School of Business and an MA in economics from the University of Chicago Department of Economics. Professor Rock joined the faculty of the University of Chicago Booth School of Business in Prior to his appointment, he lectured at MIT s Sloan School of Management where he was named Teacher of the Year in 2003, 2000 and Professor Rock was formally Vice President of the Financial Institutions Mergers and Acquisitions Group of Citicorp Securities, Inc. At Chicago Booth Executive Education, Professor Rock teaches in Mergers and Acquisitions, Finance for Executives, the Latin American CFOs Executive Program, the Accelerated Development Program (London) and the Chicago Management Institute.

4 4 The program The program has been designed to equip senior finance executives with the necessary analytical framework, insights and tools to successfully propel company growth whilst enhancing their career outcomes. Welcome dinner Sunday 15 September + + Introduction to participants and faculty + + Course overview + + Networking opportunities + + Course materials Please note: Order of session details are subject to change. Please refer to cpaaustralia.com.au/cfoadvance for all up to date information of this year s program.

5 5 Day one Monday 16 September Presented by Joshua Klayman + + Organisational leadership + + Overview and introduction + + Understanding your stakeholders + + Analysing your organisational environment + + Managing conflicts and rivalries + + Obtaining cooperation and consensus + + Managing dilemmas + + Understanding and managing personal leadership dilemmas + + Understanding and managing dilemmas of organisational change + + Evening reading and preparation for Day two Day two Tuesday 17 September Presented by Joshua Klayman + + Handling resistance to change + + Sources of resistance in organisations, addressing them + + Effective methods of persuasion and influence for achieving commitment + + Conclusion: key skills of organisational leadership in today s business environment Presented by Kevin Rock + + Key elements of corporate finance + + Business strategy versus financial strategy The combination of practical organisational leadership development along with contemporary best practise finance techniques was excellent. Frank Marra General Manager Finance and Strategy Landcorp CFO Advance 2012

6 6 The program continued Enjoyed the quality of the overall program... well-presented and professionally run. Great CPA Australia staff to support logistics. Wayne Treeby CPA Group Financial Controller Telstra CFO Advance 2011 Day three Wednesday 18 September Presented by Kevin Rock + + When you absolutely, positively need more equity: doing an initial public offering (IPO) + + Survey of IPO practices around the world + + The IPO process in the United States, Europe and China + + Firm commitment versus best efforts underwritings + + The cost of going public + + Bought deals and book building + + When you absolutely, positively need a liquid market for your stock but not necessarily more equity: doing a backdoor IPO + + How much leverage is too much? + + Bank debt versus vendor financing + + The cost of interest free borrowing + + The sustainable rate of internal growth + + Leveraging a cyclic business a good way to become a hostage to the cash flow cycle + + The use of hybrid securities to mitigate risk and reduce funding costs + + Convertible preferred and synthetic convertible debt + + Evening reading and preparation for Day four

7 7 Day four Thursday 19 September Presented by Kevin Rock + + Capital structure summary + + Cost of financial distress + + Interest tax shields + + Accessing capital markets through all phases of the market cycle + + Signalling costs of issuing equity + + Agency costs of issuing equity + + The role of covenants and financial flexibility + + Introduction to valuation in a mergers and acquisitions context + + Discounted cash flows + + The cost of debt and equity + + Takeover premiums + + Joint ventures and special purpose subsidiaries + + Teaming up to launch a new product + + The M&A process: strategy, valuation and execution + + Evening reading and preparation for Day five Day five Friday 20 September Presented by Kevin Rock + + The M&A process: strategy, valuation and execution (part 2) + + Board presentations + + Board decision, critiques, feedback and commendation + + Results from the business case studies: who won and who lost?

8 8 Discover the CFO Advance difference Brought to you in partnership with The University of Chicago Booth School of Business Chicago Booth was ranked first globally in the 2012 The Economist MBA ranking ( Which MBA The Economist, economist.com/whichmba) For more than a century, the content provider for CFO Advance, The University of Chicago Booth School of Business, has been a leader and innovator in the fields of business research and education and is internationally renowned as one of the best business schools and executive education providers in the world.

9 9 Delivered via a five-day premium residential program To enhance your learning experience further, CPA Australia will be hosting this year s CFO Advance program at the award winning Balgownie Estate Vineyard Resort & Spa. Located in the breathtaking Yarra Valley and a leisurely one hour s drive from Melbourne s CBD and the airport, Balgownie Estate is located amongst the undulating green landscape of this world renowned wine region, which is accentuated by the striking geometry of corridors of grape vines. A luxury resort boasting superbly appointed contemporary guest suites, the Balgownie Estate Vineyard Resort & Spa is the Winner of the Australian Hotels Association Environmental Best Practise Hotel of the Year 2011 and the Australian Hotels Association Best Environmental Initiative It offers a purpose built conference centre with executive boardrooms, Rae s Restaurant, Cellar Door and Natskin Spa Retreat and Health Club. Great program additional support materials are excellent and very thought provoking. Certainly made us rethink our leadership style and approach to challenges thumbs up! Raj Ganeshwar Director Finance Navitas Workforce Division CFO Advance 2012

10 10 Enjoy the CFO Advance experience What your package includes CFO Advance is held at the luxurious Balgownie Estate Vineyard Resort & Spa. Your experience will include: + + a five-day executive education program delivered by internationally recognised experts + + course manual and take-away reference material + + five nights accommodation in a modern and relaxed one bedroom spa suite offering: + + ample space with a separate living area and bedroom + + king size bed or twin beds + + full size spa baths, individually controlled air conditioning and heating and complimentary internet + + private balcony overlooking the Yarra Valley Vineyards + + a welcome dinner on Sunday 15 September hosted by CPA Australia + + all meals during the program including: + + breakfast, tea and coffee, morning and afternoon teas and lunch + + dinner served Monday to Thursday + + access to the venue s private syndicate spaces and recreational activities including a swimming pool, steam room, gym, tennis and volley ball court, giant chess set and a 1.6km walking trail + + the opportunity to participate in wine tasting activities and archery

11 CFO Advance September 2013, Balgownie Estate Vineyard Resort & Spa, Yarra Valley, Victoria Activity code: VI Source code: Begin your CFO journey and register today. For more information and to register online visit cpaaustralia.com.au/cfoadvance Please contact me to discuss CFO Advance Yes, please accept my application to attend CFO Advance (including welcome dinner) Four easy ways to register u u Online: cpaaustralia.com.au/cfoadvance To pay by credit card (AUD$) Scan and the form to cpaws@cpaaustralia.com.au To pay by credit card (AUD$) u Fax: Within Australia: Outside of Australia: To pay by credit card (AUD$) u Mail: Member Administration, CPA Australia Ltd, GPO Box 2820, Melbourne VIC 3001 To pay by credit card or cheque (AUD$) General enquiries: visit cpaaustralia.com.au or call CPA Australia Ltd. ABN: Member $7952 Early bird $9145 Standard All prices are GST inclusive. Early bird prices expire 31 May 2013 Mr Ms Other, provide details First name Position Mailing Address Business Private Phone Non-member Do you have any special requirements. e.g. dietary. No Yes please provide details: Payment details Cheque (payment attached and made payable to CPA Australia Ltd) CPA Australia American Express or AMEX Visa Mastercard Diners Card number $10,484 Early bird $12,057 Standard Surname Organisation State Postcode Country Fax Member/Non-member ID Expiry date Total amount $ Cardholder s name Signature This document will be a Tax Invoice for GST upon completion of payment. If you do not wish to receive further CPD information by mail, tick the box and fax to CPA Australia on if inside Australia, or outside Australia (do this in addition to faxing/mailing your order). Please check if you do not wish to receive CPD promotions by mail from CPA Australia. For full Delegate Terms and Conditions go to: cpaaustralia.com.au/delegateterms. By signing where indicated below, I acknowledge that I have read, understand and agree to the Delegate Terms and Conditions and the Privacy Statement at cpaaustralia.com.au/delegateterms. Individual forms must be completed for each attendee. Please sign and date. Signature: Date: / /

12 CFO Advance Strategy+knowledge for high performing finance leaders September 2013 Balgownie Estate Vineyard Resort & Spa, Yarra Valley, Victoria cpaaustralia.com.au/cfoadvance