Sustainable success by ‘going beyond’ financials

Esteemed industry leaders from highly respected global companies, Alois Hofbauer and D. Swaminathan will share best practices and industry-tested and proven case studies at ‘Reboot your business beyond financials,’ this year’s CIMA Management Accountants’ Conference.

Demonstrating the relevance of current management accounting thought to the needs of today’s business, the conference focuses on the importance of long-term thinking and sustainable relationships which has never been more evident than in the current complex business environment.

‘Symptoms of short-termism: the impact on corporate health’, an interesting and increasingly critical area affecting corporate survival, will be addressed by Nestle Lanka PLC Managing Director Alois Hofbauer.

At the helm of a company focused on continuous innovation, with a philosophy of ‘creating shared value’,  he is in an ideal position to provide answers to such questions as what impact an organisation’s attention to short term results would have on long-term results and decision making. He will also discuss how social responsibility can lead to direct gains for shareholders, and how decisions can be made to optimise the requirements of key stakeholders and aid long term growth.

A graduate of the prestigious Swiss Business School IMD, Hofbauer joined Nestlé Austria in 1990 and today holds over 20 years of strong international experience in the global food and beverage industry with Nestlé.  His powerful leadership skills and in-depth operational expertise in almost every product category Nestlé is present in across the world, together with his widespread experience in senior management positions in Sales, Marketing and General Management, has shaped his notable career profile today. He heads Nestlé Lanka since 2010 after a successful six-year tenure as General Manager in Nestlé Taiwan.

The case of Infosys BPO India which has sustained success by optimising value from human dimensions critical to sustaining business success, employee capability, supplier/customer relationship effectiveness, development and effective use of processes and systems to optimise measuring and management of human capital will be presented by Infosys BPO, India CEO/ Managing Director D. Swaminathan. Infosys BPO has been consistently ranked among the leading BPO companies by key industry bodies like the International Association of Outsourcing Professionals, SSON, NOA, FAO Today, and NelsonHall, among others.

Swaminathan has over 30 years of experience in general management, finance and accounting, sales and marketing, international trading, and human resources management. He has performed multiple roles in sales, marketing and operations, leading global teams in the manufacturing and services industry and has also been associated with infrastructure projects in India and abroad. He joined Infosys BPO in 2004 and took over as the CEO and MD in January 2010. He also heads the Executive Council of Infosys BPO. Prior to this, he was Senior Vice President and Head of Global Delivery and Horizontal Practices, providing leadership in building some of the key industry verticals, international centres, horizontal practices, and managing corporate functions such as business transition, quality and risk.

Under his leadership, Infosys BPO has won several key awards for partnerships with clients, such as the Shared Services Excellence Awards for Best New Outsourced Services Delivery and the Breakthrough Award at the Global Supplier Awards. Infosys BPO has also won awards for people practices, such as The Stars of the Industry Award for BPO Organisation of the Year and RASBIC Awards for Recruiting and Staffing Programs. Swaminathan is a chartered accountant.

This is an excellent opportunity to hear from academic thought leaders and industry experts such as CIMA Executive Director Emma Cunis; University of Glasgow Chair in Management Accounting Professor Danture Wickramasinghe; Leading Edge Change Principal Consultant Aubrey Joachim; Freight Links International (Pvt.) Ltd. Vice President Ravi Edirisinghe and Target Resource (Pvt.) Ltd. CEO Deepanie Perera, on optimisation of the value of intellectual capital and effectiveness of the human dimension in driving business growth.

‘Reboot your business beyond financials’ will be held on 24 September at Hotel Galadari. The silver sponsor for this event is Wisdom Business Academy. ETV is the electronic media partner and LBR and LBO are digital media partners. The print media partner is Wijeya Newspapers Ltd.