nsc2015 - finance & governance transition checklist
TRANSCRIPT
Session ObjectiveTo know the level of understanding and competency of LCVP related after transitionTo create timeline of
further transition (if it's needed)
To know which material can not be delivered well in LC
level and need to be covered by the MC
“Social business is a cause-driven business. Purpose of the investment
is purely to achieve one or more social objectives through the
operation of the company. The company must cover all costs and
make profit, at the same time achieve the social objective, in a business
way”
1. Self Positioning in the case2. Think Fast in 3 minutes
3. Relax there is no wrong and the right answer
4. Write it Down and Share
RULES
The Current Condition You have Month Reserves only 3 months. At the same time, you have to invest to some strategic area and its really relevant to your organizational objective, which
will cost 40% of your Cash on Bank until the month reserves is only 2 months and also have some invoice which MC haven’t billed yet. You still don’t know the
concrete return. What will you do?
Case 1
The Current ConditionYou saw the account receivable is really high and most
of due date is already more than 90 days. There are many payments come but we don’t know from whom it is. Your manager don’t know how to track the invoices from both ICX and OGX. And then there are some miss
accounting in receivable. How do you manage this? And how you mitigate this?
Case 2
The Current ConditionSome of functional just doing independently some of Finance & Governance Responsibilities without your
permission. E.g. Legal Administrative, Invoice, Merchandising, etc. What will you do? And how you
mitigate this?
Case 3