This program is designed specifically for Finance executives who want to understand Finance Transformation, and how Finance functions can evolve into business navigators. Over the course of this four-day program, participants will experience a rich and varied program, including numerous practical use cases, and benefit from impulses from other CFOs and practitioners.

You will receive a WHU Executive Education Certificate after successfully completing the program.

Short facts

CategoryFinance & Accounting
Next date May 10, 2021 - Jun 08, 2021
Locations Düsseldorf, Frankfurt
LanguageEnglish
Fee 3,950.00 €
Early bird fee 3,555.00 €
until Feb 15, 2021

In cooperation with

Your program at a glance

Program content

Digitalization is widely acknowledged to be the key driver of corporate transformation regardless of company size, location, or industry. In a world exploding with potential, the way you embrace emerging technologies and the transformations they generate will greatly impact your business.

Most companies seek to benefit from the opportunities of digitalization to improve the customer-facing aspects of their business. However, despite the opportunities digitalization offers in terms of new technologies and ways of working, most CFO functions continue to operate traditionally – falling short of what is required of a true business partner.

This Executive Program focuses on the changes to the CFO´s operating landscape and the responsibilities and tasks of the future Finance function. Further, you will discuss the increasingly blurred borders between Finance departments and how CFOs will be able to fill the business partner role through emerging technologies and lean processes.

Digital transformation from the CFO perspective: program outline

This intensive four-day program, delivered jointly by WHU – Otto Beisheim School of Management and PricewaterhouseCoopers (PwC), consists of two modules.

In Module 1 we take a closer look at digitalization and its application in the different CFO functions. You will be equipped with a systematic overview of the necessary tools to develop a digital road¬map for your company.

Module 2 focuses on mastering digital transformation, an in-depth look at implementation hurdles, and solu¬tions for overcoming these.

The program is highly practical with direct benefits for each participant: during the modules participants gain insights through lectures, keynote speeches from CFOs and practitioners, best practice examples, and digital case studies. We provide you with a variety of insights on how to master the digitalization journey of the Finance function, including the application of business analytics, data science, and artificial intelligence. Participants will have the opportunity to discuss their own digitalization challenges and obtain reviews and coaching from program faculty and peers.

Program benefits

Your personal benefits

  • Expand your Finance Executive network
  • Enhance your strategic impact and drive digital transformation of the Finance function
  • Discuss your strategic digitalization challenges with renowned experts from academia and practice
  • Benefit from hands-on knowledge and tools, tailored for application to your work environment
  • Become part of an active network of peers and program alumni
  • Profit from a unique combination of knowledge partners

Your company´s benefits

  • Benefit from the toolkit to design the individual finance transformation roadmap
  • Leverage expertise and impulses from other companies and enhance your company network
  • Take advantage from the Finance Transformation momentum
  • Start your digital Upskilling journey

Certificate

You will receive a WHU Executive Education Certificate after successfully completing the program.

Participant profile

  • CFOs, or senior Finance executives aspiring to become CFOs
  • Senior executives from the Finance function (all sizes of businesses, all industries)
  • Senior executives from the Finance function aiming to implement digital transformation

Participants are expected to have a minimum of ten years of professional experience.

The minimum number of participants for this program is 12.

Program format and module dates

This 4-day in-class program consisting of 2 modules and will be conducted at WHU Campus Düsseldorf and in Frankfurt.

Digitalizing the Finance Function: The CFO Perspective: May 10, 2021 - Jun 08, 2021

Digital CFO Program Module 1
  • May 10, 2021 - May 11, 2021
  • Düsseldorf
Digital CFO Program Module 2
  • Jun 07, 2021 - Jun 08, 2021
  • Frankfurt

Contact us

Yvonne Krack
Marketing & Admissions Manager Executive Education
E-mail: openprograms@whu.edu
Phone: +49211 44709178

The typical obstacles to digitalizing the Finance function:

  • Uncertainty about how to begin
  • Employee resistance to change
  • Long-term planning vs. quick wins
  • No best practice for fully digitized Finance functions
  • Gaps in digital capabilities
  • Missing support from management board
  • Conflicting responsibilities and priorities
  • Competition for resources

Get insights from our renowned faculty and guest speakers:


Program directors

  • Prof. Dr. Martin Glaum, WHU, Chair of International Accounting
  • Gori von Hirschhausen, Partner, Head of Finance Consulting, PwC Europe


Program faculty & guest speakers

  • Alexander Burck, Head of Corporate Financial Controlling, Bayer AG
  • Katharina von Frankenberg, Consultant, Egon Zehnder
  • Prof. Dr. Lutz Johanning, WHU, Chair of Empirical Capital Market Research
  • Axel Kauhausen, Managing Director, Beiersdorf Shared Services GmbH
  • Tobias Keller, Data Scientist / A.I. Specialist, Zero One Data / Deutsche Bahn AG
  • Till Lohmann, Partner, People & Change Advisory Leader, PwC
  • Dr. Yorck Schmidt, Member of the Board, Chief Financial Officer, AVL List GmbH
  • Thomas Schräder, Partner, Corporate Treasury Solutions, PwC

We offer each of our Open Programs also as a Customized Program for corporate clients.

The advantage for you is that program contents and methods can be adjusted to your company’s strategy and your employees’ skills and needs.

Please contact us via customprograms@whu.edu if you are interested in a Customized Program.

20 Scholarships for ambitious women & emerging markets leaders

Are you looking for a new professional development opportunity? For most of our Open Programs*, we offer two scholarships (25% and 50% discount) for visionary women and emerging markets leaders who want to enhance their professional skills! Please send the completed application form and a letter of motivation to openprograms@whu.edu until 8 weeks before the program starts. More Information.

*Please check out the link above to find out which programs are included. One scholarship per person.

Category: Finance & Accounting
Open Programs

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