NEWSLETTER OF THE INTERNATIONAL CONTROLLING COMMUNITY Thursday, 2016-09-22

Hello,

the "Digitization" is everywhere. The topic is definitely very exciting – also in the real business life. The International Association of Controllers (ICV) has dedicated it current publications as well as a new expert work group.

In the autumn there will be more than one opportunity to talk about digital transformation and its implementation in practice at our regional meetings and conferences. Don’t miss the events in Wien, Ljubljana, Zagreb, Berlin, Bonn, Stuttgart and Steyr!

About current public ICV events you can always read in our E-News as well as on the ICV website.


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International Controller Association  
Ljubljana: Controlling and dynamic future
Zagreb: The Future of Controlling has already begun
Munich: All plenum speeches will be translated into English
The ICV is looking for sponsors
Free download: Dream-Car-Report „Business Analytics“ in English
Video: Why do we need controllers?
 
 
Controlling Scene  
The industrial sector's share is stabilising
KPMG Consumer Loss Barometer: Cyber Attacks Cost Retailers Shoppers
Digitization in the construction sector
 
 
Miscellaneous  
Current topics and dates from the ICV
 
 
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16. ADRIATIC ICV CONTROLLING CONFERENCE: OCTOBER 25, 2016

Ljubljana: Controlling and dynamic future
Experts from Slovenia and Europe are invited to join and participate at the annual 16. Adriatic Controlling Conference on October 25, 2016 at the Austria Trend Hotel, Ljubljana. Quality expertise, excellent speakers and perfect organization are the reasons that every year convince controllers, managers, financiers and other profiles to save the date and enter a »must go« note into your diary! The mission of the conference is to present and perform controlling: new trends and ideas,  innovative controlling solutions, best business practice from Slovenia and Europe. Guests come from companies from different activities, for example Barilla, BSH, BTC, SAP, PFEIFER & LANGEN. At the conference special atention is directed on how to be prepared on the future, but... we already live in this fut ure. That is why we present special topics about controlling in digital area and social media.

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4TH ICCC – INTERNATIONAL CONTROLLING CONFERENCE IN CROATIA: NOVEMBER 8, 2016

Zagreb: The Future of Controlling has already begun
The 4th ICCC – International Controlling Conference in Croatia takes place on November 8, 2016 in Zagreb at the Westin Hotel. The main topic of this year's conference, which is entitled “The Future of Controlling has already begun”, is inspired by economic development influenced by global changes, and controlling has a major role to play in this regard. The world will never be the same again, and controlling has never been so important at the global level. The fourth industrial revolution, the development of technologies that make it possible for small countries to also become global players and the possibilities that lie ahead at the current moment of economic development are just some of the topics that will be presented at the conference. Experts from Germany, Austria and Poland will share their experiences with their Croatian colleagues. All the lectures will be given in Croatian and English, and simultaneous interpretation will be available.

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42TH CONGRESS OF CONTROLLERS 2017:

Munich: All plenum speeches will be translated into English
The 42nd Controller Congress (May 15-16, 2017), the main controlling event in Europe, will be in two languages for the first time. For participants from the non German speaking countries the International Association of Controllers (ICV) is going to translate into English all the speeches in plenum as well as to organize one English speaking session on Monday (15/05/2017) afternoon.

Please note the Munich congress in your time table 2017: May, 15-16th!

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CONTROLLER AWARD 2017

The ICV is looking for sponsors
At the 42nd Controller Congress 2017 (May 15-16, 2017 in Munich) the renowned ICV Controller Award will be presented for the 15th time. Currently the International Association of Controllers is looking for sponsors of the Award to cover the Controller Award and price of € 5,000. We offer our sponsors many advantages, e.g. placing the company logo in all printed and online media of the Controller Award, linking the logo in the Controller Award section on www.icv-controlling.com, the name of the sponsor on the Controller Congress agenda (print circulation of over 60,000), a congress fee reduction of 50% as well as a donation certificate.

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ICV DREAM FACTORY:

Free download: Dream-Car-Report „Business Analytics“ in English
The hard work has paid off: A compact document explains now Business Analytics and its effect on controlling practice and controller profession. Two years, 2015 and 2016, the ICV Dream Factory worked on the main topic Business Analytics. The results are now provided in the new Dream Car report "Business Analytics - The road to data-driven corporate management". You can read there e.g. that Business Analytics enables controllers to fulfill their role more actively. Read for yourself what the chance to act as "business partner with catalytic function" means.

The document is available for free download from our website in English. Please inform also your colleagues and work group members about the Dream Car report!

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ICV HOMEPAGE: CONTROLLING KNOW-HOW

Video: Why do we need controllers?
Controllers inform, plan, control, and advise. How they do this – whether they constrain, unburden or complement – depends on the skills of the individual manager they are supporting. The Institute of Management Accounting and Control of WHU - Otto Beisheim School of Management headed by Prof. Dr. Utz Schäffer and Prof. Dr. Dr. h.c. Jürgen Weber published a series of videos (both German and English) showing what controlling and controller’s role is. The videos also illustrate why companies need controllers and how controllers should see their managers. You can find the videos on the ICV Homepage (Know-how) or directly on the WHU Homepage. On the English ICV know-how-page there are also other materials in English: ICV statements, articles, thesis and case studies. Don’t hesitate to take advantage of them!
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EUROPEAN UNION ECONOMY

The industrial sector's share is stabilising
Nearly four years ago, the European Commission set its sights on increasing the share of manufacturing in total gross value added from 15.5% at that time to 20% by 2020. This target will probably not be met. After all, in 2015 the share of manufacturing was only around 15.6% and thus scarcely higher than in 2012. However, industry's contribution to EU output has at least stopped decreasing since 2012. Furthermore, industrial gross value added has picked up (slightly) in the EU in recent years in both nominal and real terms. In a few member states, there have been highly contrasting developments in the significance of manufacturing in the economy. It is striking that the industry share in the three large Eastern Europe member states has increased sharply since 2012. Spain and Italy have reported modest g ains. Germany has seen its industry share decline slightly in 2015; however, at 22.8% it still far outstrips the EU average.

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KPMG STUDY ON CYBERSECURITY

KPMG Consumer Loss Barometer: Cyber Attacks Cost Retailers Shoppers
Consumers are wary of the increased frequency of cyber-attacks against retailers, and many are ready to walk away from their favorite retailers if a breach occurs. In fact, according to the 2016 KPMG Consumer Loss Barometer, in surveying 448 consumers, KPMG found that 19 percent said they would stop shopping at a retailer that had been a victim of a cybersecurity hack, even if the company took the necessary steps to remediate the issue. In addition to those who would abandon the retailer entirely, 33 percent of the consumers indicated that fears of further exposure of their personal information would prevent them from shopping at a breached retailer for at least three months. When asked which factors most likely contribute to a customer not returning – or delaying a return – to the stor e, consumers surveyed cited a lack of a solid plan to prevent further attacks as a top factor.

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NEW ROLAND BERGER STUDY

Digitization in the construction sector
The digital transformation is well and truly affecting all sectors of industry by now, influencing all links in the value chain and changing entire business models. In the construction industry, 93% of firms expect digitization to affect their corporate processes in their entirety. But few are taking corresponding action so far, as demonstrated by the findings of the new Roland Berger study, "Digitization in the construction industry – Building Europe's road to Construction 4.0". The Roland Berger experts canvassed the opinions of 40 construction companies and building materials firms from Germany, Austria and Switzerland, asking for their views on the potential of digitization and how far they have come with implementation. The survey found that less than 6% of construction firms use digital planning t ools end to end. And 100% of respondents do not believe they have fully exploited their digitization potential.

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SAVE THE DATE!

Current topics and dates from the ICV
The schedule of topics and upcoming dates of controlling conferences and controller's meetings can be found online on the ICV website.

All upcoming ICV EVENTS
Scheduled ICV WORK GROUP MEETINGS
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Edited by:
Anna Wlodarczyk, ICV Poland, Poznan;
Responsible editor: Hans-Peter Sander, EastWestCom, Ammersee Denkerhaus - Coworking Space, Sonnenstr. 1, D-86911 Diessen/Ammersee
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