BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//The FENG//NONSGML v1.0//EN
BEGIN:VEVENT
UID:1738745129@thefeng.org
DTSTAMP:20250205T084529Z
DTSTART:20250219T230000Z
DTEND:20250220T010000Z
ORGANIZER;CN=Ted A Bachman:MAILTO:tedbachman@mindspring.com
SUMMARY:THE FENG: Change Management
LOCATION:Smith Anderson Law Firm\r\n150 Fayetteville Street - downtown Raleigh\r\n23rd Floor (after 6 pm Smith Anderson people will escort you to the 23rd floor)\r\nWells Fargo Building \r\nRaleigh, NC 27601
DESCRIPTION:The very first thing about change is that our meeting has been changed from the 2nd Wednesday of February to the 3rd Wednesday, February 19th. &nbsp;&nbsp;Topic: Taming the Chaos: Delivering Finance Operational Excellence with a Process-Based Framework&nbsp;A finance leader’s role extends beyond managing numbers. A true leader ensures that the right processes, strategies, controls, technologies, and people are in place to drive accuracy and efficiency, becoming a trusted business partner in guiding the organization toward its objectives.Finance leaders operate in an increasingly complex and demanding environment. From navigating evolving regulatory requirements and mitigating financial risks to managing operational complexity and ensuring data integrity, the challenges are immense. With multiple systems, silos, and stakeholders, achieving alignment and visibility across the organization can feel like an uphill battle.&nbsp;To overcome these challenges, finance leaders need to have a detailed inventory of their processes to create transparency, identify inefficiencies, and ensure alignment with organizational goals.&nbsp;The Process Inventory Framework offers a comprehensive solution to address these Operational Excellence challenges in a unified manner. This session will cover both the theoretical foundations and practical steps needed to deliver on your transformational agenda.Topics covered:Root cause of Operational Excellence challengesWhy alignment is crucial for transformation successHow to achieve alignment for successCreating a process capability which is key to deliver sustained and value in your programHow this framework is the sole holistic solution to addressing critical Operational Excellence challenges:Mergers and AcquisitionsERP ImplementationFinancial ControlsLeveraging AI through Digital Twins&nbsp;Speaker: Michael Schank&nbsp;&nbsp;Michael Schank is a distinguished thought leader and executive, specializing in addressing Digital Transformation and Operational Excellence challenges through his innovative, process-based framework. With over 25 years of experience in the Financial Services industry, he has primarily served as a management consultant, empowering clients with forward-thinking solutions in technology, process, and risk and spearheading large-scale business and digital transformations.&nbsp;He is the author of the book, ‘Digital Transformation Success,’ in which he introduces his groundbreaking Process Inventory framework. This promises to be a transformative approach to achieving success in the digital era, unlocking unprecedented levels of operational efficiency and strategic alignment. The book is available on Amazon at:&nbsp;https://a.co/d/gHg6BNx&nbsp;&nbsp;
END:VEVENT
END:VCALENDAR