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Managing Global Business Complexity

The document discusses the complexity of doing business globally and drivers of that complexity including laws, competitors, customers, standards, and taxes. It also notes that over two-thirds of CEOs surveyed believe globalization will positively impact their organizations in the next three years. The document then discusses ways for finance organizations to manage complexity such as standardizing practices and controls.

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11 views3 pages

Managing Global Business Complexity

The document discusses the complexity of doing business globally and drivers of that complexity including laws, competitors, customers, standards, and taxes. It also notes that over two-thirds of CEOs surveyed believe globalization will positively impact their organizations in the next three years. The document then discusses ways for finance organizations to manage complexity such as standardizing practices and controls.

Uploaded by

zforever.it
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

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What we set out to


address
Doing Business Globally is Complex
Top Drivers of Complexity

1 National and International Laws & Regulations


2 Actions by Competitors
Globalization is unstoppable.
3 Changing Customer Requirements Regardless of geography, industry or
4 income, companies are globalizing to
Industry Standards and Regulations
gain new customers and access new
5 Tax Codes markets. Is this a good thing? Nearly
6 Changing Workforce Attitudes
two-thirds of the CEOs we surveyed
are positive about the impact that
7 International Reporting Standards globalization will have on their
8 Language and Cultural Differences
organizations over the next three
years.
Direct impact on Finance Source: 9th Annual Global CEO Survey –
Globalization and Complexity; PwC 2006

Source: PWC, 9th Annual Global CEO Survey


Make it Simpler to do your job
Control Costs by Managing Complexity

Major Focus

Standardizing operating practices and


controls
69%
50%
Senior executives say
Standardizing policies and business 66%
rules simplification is
driving the Finance
Standardizing and integrating finance 59%
agenda
systems
Adopting best practices 58%

Optimizing the finance organization and 52%


its reporting structure

Reducing reliance on spreadsheets 33%

Source: PWC Management Barometer

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