Accelerating Growth Strategies for the Modern CFO
David Spong, a speaker at the marcus evans CFO Summit 2010, shares his opinion on some of the challenges CFOs in Australia
Zealand are facing today.
Interview with: David Spong, Chief Financial Officer (CFO) and Finance Director, Australia, New Zealand and Pacific Islands, Eric
CFO Australia & New Zealand Summit
January 19, 2010 07:03 PM Eastern Time
QUEENSLAND, Australia--(EON: Enhanced Online News)--With economies fluctuating worldwide, the role of the CFO has bec
critical to the survival and success of an organisation. It is no longer just about the numbers or mitigating financial risks. The modern
a dynamic and visionary leader who can revive and accelerate organisational growth, in a fast paced and competitive marketplace.
CFO and Finance Director of Australia, New Zealand and the Pacific Islands at Ericsson, a speaker at the marcus evans CFO Su
place in Queensland, Australia, 10 – 12 March, discusses the challenges facing CFOs in Australia and New Zealand, his recommen
term strategies for finance directors and his outlook for 2010.
What are some of the challenges facing CFOs in Australia and New Zealand at the moment?
David Spong: Australia is in a better economic position compared with New Zealand, however both markets are facing different ec
In Australia, they revolve around securing access to highly skilled and capable people, as well as the slowly improving capital marke
Australia is a market that relies pretty heavily on cash from abroad, making sure there is sufficient working capital and cash around t
more of a challenge for CFOs today than it was 12 to 18 months ago. Another issue is how quickly companies will be able to handl
growth as the world recovers from the economic downturn. New Zealand on the other hand has had a tougher time with the global f
with issues similar to many Western European countries and the US. The government in New Zealand is doing a lot of work protect
local jobs, and making sure the country remains internat