PRESS-NEWS.org - Press Release Distribution
PRESS RELEASES DISTRIBUTION

CGN & Associates: Building Flexibility for Long-Term Success

Seshadri Guha from CGN & Associates, a solution provider at the marcus evans CFO Summit XXI Fall 2010, on building organizational flexibility.

2010-10-08
LAS VEGAS, NV, October 08, 2010 (Press-News.org) Interview with: Seshadri Guha, Chief Executive Officer, CGN & Associates

Chief Financial Officers need to invest in building organizational flexibility to protect the business from market volatility and uncertainty, says Seshadri Guha, Chief Executive Officer at CGN & Associates. A solution provider at the marcus evans CFO Summit XXI Fall 2010, taking place in Las Vegas, Nevada, November 4-6, Guha discusses why structural transformation is needed for superior financial performance and maintaining competitive advantage.

What should be on CFOs agendas today?

Seshadri Guha: Organizations have to plan for much more volatility and market uncertainty. Instead of investing primarily on growth or cost take-out, they need to focus on increasing the flexibility and agility of the business. Not only should they find out where profitability can come from and how they can protect those ideas, organizations should also invest in flexibility to protect against volatility and make sure the business is well positioned to compete in the marketplace. Companies that create structural advantage will be those which will be well positioned for the future.

What is the best way of building structural advantage?

Seshadri Guha: Traditionally, large companies have taken significant investment positions in specific markets, facilities and products; they look at the whole portfolio and decide what to invest in. For example, in the product side they should try to focus on driving better synergies and flexibility, and reducing complexity. In the supply chain, they need to become more responsive to market changes and not carry a lot of inventory for work in process.

The fundamental idea of structural flexibility is to invest not in specific strategies, but in a method which actually provides flexibility, and builds options in the system, technology and operation standpoints; aligning the organization to be more responsive and diversifying the risks. This might cost more in the short term, but in most cases, the return will be significantly higher. In fact, our research shows that companies that invest in these structural changes outperform their competitors in both the up and down business cycles.

How do Business Transformation solutions transform organizations?

Seshadri Guha: We are really focused on this idea of a high velocity business transformation. It is about bringing together a recipe that not only aligns the business but achieves that at great speed resulting in ability for a business to transform quickly. We take the problem apart in five steps and connect all the pieces together. A piece we consider is market segmentation and the segments that should be played in for shorter and longer terms. Another is related to the competition, and where the critical points for repositioning the business are located. Thirdly, how do you compact the distribution and supply chain models to give the business flexibility and agility. Fourthly, what are the critical operating strategies for creating competitive advantage through the supply base. And finally, how do all these affect the finances of the company.

Taking all of this into consideration, we are able to understand the critical areas where change can be driven in the organization for a speedy transformation at the structural level. We focus on identifying the 20 per cent that gives 80 per cent of the results. We come up with a fast, achievable recipe that makes the company structurally competitive for superior financial performance.

What upcoming developments and trends should CFOs get prepared for?

Seshadri Guha: There are financial regulatory trends coming into place that will confuse CFOs of global companies. The capital, credit and debt markets are creating a certain amount of uncertainty as well, which is not new; however it will be interesting to see how they play out.

In terms of trends, businesses will need to consolidate their footprint. Small is beautiful. We should see how we can keep things very close to the markets we serve, minimizing currency and market risks. We need to shorten supply and distribution chains to respond to market ups and downs without compromising cost and margin advantages. Volatility is going to create great opportunities for businesses but at the same time a great deal of risk.


Contact: Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division

Tel: + 357 22 849 313
Email: press@marcusevanscy.com


About the CFO Summit XXI Fall 2010

This unique forum will take place at the Red Rock Casino Resort & Spa, Las Vegas, Nevada, November 4-6, 2010. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The summit includes presentations on building financial strength, implementing enterprise risk management and positioning the organization for long term success.

For more information please send an email to info@marcusevanscy.com or visit the event website at http://www.cfosummits.com/SeshadriGuhaInterview

Please note that the summit is a closed business event and the number of participants strictly limited.

About marcus evans Summits

marcus evans Summits are high level business forums for the world's leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit http://www.marcusevans.com

All rights reserved. The above content may be republished or reproduced - kindly inform us by sending an email to press@marcusevanscy.com


ELSE PRESS RELEASES FROM THIS DATE:

Host Of Reel Shot TV On Pursuit Channel Takes Record Nebraska Turkey

2010-10-08
Reel Shot TV, the popular Pursuit Channel outdoors TV program, announced today that host Jodie Carter now holds the current women's official Nebraska state record for Rio Grande turkeys. Jodie, from Louisiana and hosting Reel Shot TV with her husband and hunting partner Brandon, took the record bird with a shotgun during a 2010 spring turkey hunt near Custer, NE, with outfitter Dustin Noble of Noble Outdoors. The bird weighed 21.75 pounds and had a triple beard with 1 inch spurs. Brandon called the bird in and kept its attention with a Sassy Gal 3 from Hook's Custom ...

evocos Launches New Event Management Solution Website

2010-10-08
Event management software provider evocos is pleased to announce the launch of the new evocos website: http://www.evocos.co.uk. evocos is one of the leading providers of event management software in the UK and helps companies save time and money through creating a more efficient event management process. Their website has been live since 2008 but has now been brought up to date with a new, more engaging design. The new website is more interactive than its predecessor, with a blog, article library and white papers. The site also has links to the various evocos social ...

Polaris Awarded NIH Funding for its Groundbreaking HIV and Substance Abuse Treatment Referral System for Primary Care

2010-10-08
The National Institute on Drug Abuse has awarded Polaris Health Directions $750,000 in funding for the next development phase of its substance abuse and HIV treatment referral system (STaRS) for primary care providers. In today's family practice environment, substance abuse among patients is often unaddressed--the time and operational constraints are too great. But untreated substance abuse translates into higher morbidity rates, premature mortality and, ultimately, inflated health care costs. STaRS is Polaris's answer to the call for a fast and effective means for substance ...

Important study by a team of researchers from Newcastle and Northumbria Universities into the effects of flooding is extended

2010-10-08
An important study which will help emergency response agencies, local authorities and communities cope with flash floods, like those experienced in the North East of England and Cumbria has been awarded additional funding by the UK Natural Environment Research Council (NERC). A team of researchers from Newcastle and Northumbria Universities has been awarded a GBP65,000 grant to extend their study into the environmental impact of flooding caused by the recent volcanic activity in Iceland. Andy Russell, Professor of Physical Geography at Newcastle University's School ...

La Dimora degli Angeli, charming B&B in Florence

2010-10-08
The B&B La Dimora degli Angeli, managed by the Cherubini family, is located in the very heart of Florence and offers its customers a beautiful view of the city. Totally new, this B&B in Florence offers six different rooms that boast of an amazing view of the famous cathedral and Duomo Square. Rooms are endowed with all sorts of services and are very comfortable and cozy, as well as the atmosphere here. Each room has its own style, like a charming personality, with different furniture and colors, in order to meet any liking. Mediterranean, intriguing, classical, romantic...you ...

The BormioAdvance revolution begins: an alternative to glass tubing containers

2010-10-08
The launch of the new Delta line of pharmaceutical packaging for injectables will take place at ICSE Europe. Bormioli Rocco has made another technological breakthrough capable of revolutionising the world of pharmaceutical packaging and offering an alternative to glass tubing, in terms of both economic convenience and industrial performance. BormioAdvance is the name given to an innovative process developed by the Glass Pharmaceuticals Division to create moulded vials with outstandingly even glass distribution and an approximate weight reduction of 30% compared to ...

SolarWinds Introduces Updated Profiler Suite Designed to Deliver Comprehensive, Multi-Vendor Storage

2010-10-08
SolarWinds Introduces Updated Profiler Suite Designed to Deliver Comprehensive, Multi-Vendor Storage and Virtualization Management to the Masses Company changes Profiler suite to enable better evaluation and affordability, addressing the growing need for management solutions in the small to mid-sized enterprise market AUSTIN, TX - April 21, 2010 - SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software http://www.solarwinds.com/index.aspx?CMP=PUB-PR-SWI-PRQ210_PROFILER-X-SWHP to more than 90,000 customers worldwide, today announced ...

Prof George Tesar: Strathclyde University Affiliated Researchers and External Associates

2010-10-08
Prof George Tesar. University of Umea, Sweden. Umeå School of Business, Umeå University, 901 87 Umeå. Current position / Job Summary Professor of Marketing and International BusinessTeaching Area Marketing Management, Strategic Marketing, Product Development and Management, Business Research Methods, Marketing Theory, International Marketing, Research in Marketing, and Marketing Theory.Research Area Internationalization of smaller manufacturing firms, executive education in science and business management, technology transfer, and new product management.Awards / Honours ...

PresentAll launches the "Three Clicks to Success" campaign

2010-10-08
At PresentAll, Inc., our world class video conferencing technology is centered on "Three Clicks to Success". We are pleased to announce a new marketing campaign that will show the world that we are formally and officially in the web conferencing market. Your success is just three clicks away through PresentAll's video web conferencing technology. This is our messaging to the world in all that we do at PresentAll, Inc. Our "Three Clicks to Success" message is built on three key elements that lead you to success: First Click: PresentAll's user interface is simple and easy ...

Hotels-Paris.co.uk - Be Amazed in Paris by Saadane Afif

2010-10-08
Art enthusiasts may wish to pay a visit to the Centre Pompidou during their stay in Paris, as award-winning artist Saadane Afif has created an installation for the venue. The display will be available to view until January 3rd 2011 in the Espace 315 area of the building, so plenty of guests at the hotels Paris has on offer will have the chance to see this stunning production. Sculptures and installations are something of a specialty for Afif, who beat Damien Deroubaix, Nicolas Moulin and Philippe Perrot to the Prix Marcel Duchamp 2009. This new project sees the ...

LAST 30 PRESS RELEASES:

H.E.S.S. collaboration detects the most energetic cosmic-ray electrons and positrons ever observed

Novel supernova observations grant astronomers a peek into the cosmic past

Association of severe maternal morbidity with subsequent birth

Herodotus' theory on Armenian origins debunked by first whole-genome study

Women who suffer pregnancy complications have fewer children

Home testing kits and coordinated outreach substantially improve colorectal cancer screening rates

COVID-19 vaccine reactogenicity among young children

Generalizability of clinical trials of novel weight loss medications to the US adult population

Wildfire smoke exposure and incident dementia

Health co-benefits of China's carbon neutrality policies highlighted in new review

Key brain circuit for female sexual rejection uncovered

Electrical nerve stimulation eases long COVID pain and fatigue

ASTRO issues update to clinical guideline on radiation therapy for rectal cancer

Mount Sinai opens the Hamilton and Amabel James Center for Artificial Intelligence and Human Health to transform health care by spearheading the AI revolution

Researchers develop tools to examine neighborhood economic effects on spinal cord injury outcomes

Case Western Reserve University awarded $1.5 million to study vaginal bacterial linked to serious health risks

The next evolution of AI begins with ours

Using sunlight to recycle black plastics

ODS FeCrAl alloys endure liquid metal flow at 600 °C resembling a fusion blanket environment

A genetic key to understanding mitochondrial DNA depletion syndrome

The future of edge AI: Dye-sensitized solar cell-based synaptic device

Bats’ amazing plan B for when they can’t hear

Common thyroid medicine linked to bone loss

Vaping causes immediate effects on vascular function

A new clock to structure sleep

Study reveals new way to unlock blood-brain barrier, potentially opening doors to treat brain and nerve diseases

Viking colonizers of Iceland and nearby Faroe Islands had very different origins, study finds

One in 20 people in Canada skip doses, don’t fill prescriptions because of cost

Wildlife monitoring technologies used to intimidate and spy on women, study finds

Around 450,000 children disadvantaged by lack of school support for color blindness

[Press-News.org] CGN & Associates: Building Flexibility for Long-Term Success
Seshadri Guha from CGN & Associates, a solution provider at the marcus evans CFO Summit XXI Fall 2010, on building organizational flexibility.