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  • 8/9/2019 Cfo India 201302

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    A 9.9 MEDIA PUBLICATIO

    CFO LOUNGE

    PIZZA METROPOLITIANPIZZA P. 42

    IN PRACTICE

    CFO - AN ENABLER ORINHIBITOR? P. 26

    VOLUME 04

    ISSUE 0275

    FEBRUARY 2013

    THE MOST DEFINITIVE LIST OF INDIAS FUTURE CFOS.

    ADJUDGED AND CHOSEN AFTER EXTENSIVE INTERVIEWSBY A JURY OF 40 LEADING CFOS

    CFONext 100Special

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    A9.9M EDIAPUBLICATION

    71%Believetheircurrentjobofferspotentialforhigherroles

    19%Arelooking forachangeofjob 25%

    CFOsfeelincreasingworkloadimpactsjobeffectiveness

    Feelinternalbureaucracystressesthemthemost

    32%

    OftheC FOsareengagedintheirjobs

    81%

    Feellongterminitiativesarebelowaverage

    50%15%

    58%Changeforthebetter

    30%Staythesame

    12%Changeforworse

    ExpectationofOrganisationsPerformnce

    CFOPROFILEAMLANDATTAMAJUMDAR,CFO,ABBP.26

    ITHINKKEKIMISTRY,VC&CEO,HDFCBANKP.1 0 ONWHEELSTATASAFARISTORMEP.42

    VOLUME04ISSUE0175

    JANUARY2013

    F ee lthe ircompensationisabov eaver age

    HappyAreIndiasCFOs

    How

    128CFOsrevealsecretsofworkrelatedhappinessandhowtheyviewtheirjobs

    Decision-making attherightlevelisa criticalaspectoftopmanagementrolesTW&CFOIndiaSurvey

    TherealstresscomesfromtheinternalredtapewhichisanembarrassmentforaC FOSeniorCFOofamanufacturingfirm

    IN PRACTICE

    26IS THE CFO AN ENABLEROR INHIBITOR

    To overcome a firms internal obstacles to innovation,CFOs must be able to create and manage dual financial

    systemsoperational excellence as well as innovation

    simultaneously, which requires fundamentally different

    mindsets, processes and metrics

    32 PUNISH BRIBERY OR PERISHAS A NATIONThe Indian government needs to adopt a zero tolerance

    policy to bribery and corruption and clean up the countrys

    image, if we really want to be a global power

    36NEED FOR MULTI-LAYEREDPROTECTIONNatalya Kaspersky, CEO InfoWatch and Co-Founder of

    Kaspersky Lab, talks about how enterprises need to manage

    new age threats

    COVER DESIGN ATUL DESHMUKH

    AD INDEX Zenith Computers IFC | Canon 03 | Falcon (Expo 2020 Dubai) 05 | Bharti Airtel IBC | Bank of India BC

    CFO INSIDEFEB RUARY | 20 1 3

    FUTURE FINANCE LEADERSUNVEILED!CFO India presents the most definitive list yet ofIndias top future CFOs, who were nominated bytheir seniors and peers and finally interviewedand judged by the nations leading CFOs

    COVER STORY06

    EVENT REPORTA THUMPING SUCCESS

    The CFO NEXT100 saw thenations leading CFOs present

    to honour and encourage 100

    of the brightest future finance

    stars. A report

    CFO LOUNGE

    42 M&E | PIZZA METROPOLITIAN PIZZA

    44 GIZMOS | LENOVO THINKCENTRE

    EDGE 72Z

    46 TRAVEL | THE RESORT

    REGULARS

    04 LETTERS TO THE EDITOR48 NOT JUST THE LAST WORD

    42

    38

    CFO LOUNGETRAVEL46A SEASIDEGETAWAYWithin Mumbai and yet, far

    from the madding crowd, The

    Resort on Madh-Marve is ideal

    for a weekend break or offsites

    and conferences

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    IS OUR POWERFUL financial community building a succession

    pipeline to make sure that once they move on, there are enough

    bright young stars who will keep the India growth story shining

    bright? Does the country have enough able next-in-line CFOs, those

    who can make any transition in the CFO role feel seamless? And if

    so, who are these men and women?

    We set out on this seemingly impossible task of identifying andhonouring 100 such next-future CFOs a project no one had thought

    of, let alone take up, before. Amazingly several hundred CFOs gave

    us their complete backing and nominated over 350 bright young

    executives who they felt had the skill and temperament to become

    CFOs one day.

    Screening of application forms, an initial shortlist, grueling inter-

    views with our 40-member jury comprising award-winning CFOs

    and three leadership workshops later we finally had 100 winners.

    Senior and mid-level finance professionals from across 9 Indian

    cities and three other nations made it to the final 100. And giving a

    resounding vote of confidence to the status and credibility that CFO

    India has achieved in its three years of existence 95 per cent of

    the winners turned up in person to collect the awards in a glittering

    ceremony in Mumbai.

    Most importantly, for the first time, the nation clearly has a defini-

    tive and credible list of 100 future CFOs. While you read about each

    of them in this special issue (see the cover package: 100 Stars of

    Tomorrow on Page 06) , watch this space in the months to come as

    well. We are willing to stake our reputation to say that many of these

    future CFOs would find their way into the magazine as Chief Finan-

    cial Officers, very soon.

    We hope you feel proud to read about the huge talent we have in

    the countrys finance fraternity today. The future of our companies,

    are in good hands. Let us know your thoughts.

    On a different note, this is also my last issue as the Editor of CFO

    India. I hope, even as I move on, my connection with the magazine

    and with the CFO community will continue in one way or the other.

    The magazine of course will remain the same, and in fact continue

    to give you better and better content in the issues to come.

    Star-Rise!

    FROM THEMANAGINGEDITOR

    DHIMAN CHATTOPADHYAYdhiman.c@9dot9.in

    22 C F O I N D I A F E B R U A R Y 2 0 1 3

    SUBSCRIBER SERVICES:

    Call +91-120-4010999

    VISIT CFO INDIAS WEBSITE

    www.cfo-india.in

    MANAGING DIRECTOR: Dr. Pramath Raj Sinha

    EDITORIAL

    EDITOR: Anuradha Das MathurMANAGING EDITOR: Dhiman Chattopadhyay

    ASSISTANT EDITOR: Purva Khole

    SUB EDITOR: Radhika Haswani

    DESIGN

    SR. CREATIVE DIRECTOR: Jayan K Narayanan

    SR. ART DIRECTOR: Anil VK

    ASSOCIATE ART DIRECTORS: Atul Deshmukh & Anil T

    SR. VISUALISERS: Manav Sachdev & Shokeen Saifi

    VISUALISER: Baiju NV

    SR. DESIGNERS: Raj Kishore Verma, Shigil Narayanan,

    Suneesh K & Haridas Balan

    DESIGNERS: Charu Dwivedi, Peterson PJ, Midhun Mohan,

    & Pradeep G Nair

    MARCOM

    ASSOCIATE ART DIRECTOR: Prasanth Ramakrishnan

    DESIGNER: Rahul Babu

    STUDIO

    CHIEF PHOTOGRAPHER: Subhojit Paul

    SR. PHOTOGRAPHER: Jiten Gandhi

    THE CFO INSTITUTE

    EXECUTIVE DIRECTOR: Deepak Garg

    NATIONAL HEAD, CFO INDIA: Seema Menon

    ASSISTANT BRAND MANAGER: Nisha Anand

    ASSISTANT MANAGER: Dr Leena Narain

    ASSISTANT MANAGER - CORPORATE INITIATIVES: Deepika Sharma

    SALES & MARKETING

    SENIOR VP SALES & MARKETING: Krishna Kumar KG

    ASSISTANT REGIONAL MANAGER (SALES): Rajesh Kandari

    (+91-9811140424)

    NATIONAL MANAGER (EVENTS & SPECIAL PROJECTS):

    Mahantesh Godi (+91-9680436623)

    ASSISTANT BRAND MANAGER: Arpita Ganguli

    SOUTH: Vinodh Kaliappan (+91-9740714817)

    WEST: Sachin N Mhashilkar (+91-9920348755)

    PRODUCTION & LOGISTICS

    SENIOR GENERAL MANAGER (OPERATIONS): Shivshankar Hiremath

    MANAGER OPERATIONS: Rakesh Upadhyay

    ASST. MANAGER - LOGISTICS: Vijay Menon

    EXECUTIVE LOGISTICS: Nilesh Shiravadekar

    ASSISTANT PRODUCTION MANAGER: Vilas Mhatre

    LOGISTICS: MP Singh, Mohamed Ansari

    OFFICE ADDRESS

    Nine Dot Nine Interactive Pvt Ltd

    Office No. B201-B202, Arjun Centre B Wing, Station Road,

    Govandi (East), Mumbai 400088 INDIA.

    Published, Printed and Owned by Nine Dot Nine Interactive Pvt Ltd.

    Published and printed on their behalf by Kanak Ghosh.

    Published at Bungalow No. 725, Sector - 1, Shirvane, Nerul,

    Navi Mumbai - 400706

    Printed at Tara Art Printers Pvt ltd., A-46-47, Sector-5

    NOIDA (U.P.) 201301

    All rights reserved: Reproduction in whole or in part without written

    permission from Nine Dot Nine Interactive Pvt Ltd is prohibited.

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    44 C F O I N D I A F E B R U A R Y 2 0 1 3

    LETTERSCFO INDIA

    FEBRUARY 2013

    02.13 Your voice can make a change:Share your viewpoint onwhats happening in the community and your feedback on themagazine ateditor@cfo-india.inA CONNECTING FACTORAs I read the Cover Story, there were a lot of happy

    realisation moments. I have to appreciate the effortstaken by Towers Watson and CFO India in coming

    up with the survey and pointers that were revealed in

    this survey. The survey is structured well and brings

    out a lot of important factors like the various factors

    that cause stress, the reward points for professionals

    amongst others. The survey focuses the key issues

    faced by many of us in the community and I hope it

    would be taken up by everyone in the right manner for

    the overall improvement of the community for a better

    and greater tomorrow.

    Richa Sharma,AVP Finance, Pinnacle Industries,

    Noida

    MORE ON ENTREPRENEURSHIPI have been a regular reader of the magazine and

    would like to suggest that the magazine should have

    more entrepreneurial stories which are inspiring to

    the finance community. Till date the VA Tech Wabag

    story which had appeared during mid 2012 is fresh in

    my mind and is a great one not just for re