1、1 THE FINANCE ROLE IN BUSINESS TODAY 2 ROB PHEBUS CFO, FORD LIO HO 26+ YEARS EXPERIENCE WITH FORD 3 The mission of Ford Finance is to contribute to the success of Ford Motor Company by being the most dynamic, efficient, and high- quality organization of its kind. Ford Finance people strive for excel
2、lence and continuous improvement in the quality, effectiveness, and efficiency of the services they provide to internal and external customers. FINANCE MISSION S = support Progress Product Program & Execution Volume, Revenue & Market share Overall Commitment Deliver 10% improvement in Customer Satis
3、faction & Quality People & Safety Achieve Budget volume, net revenue & market share. ALL FAP 2003 Scorecard (Taiwan) GYR For d Asi a Paci f i c Viable Business Satisfy Customers Launch and improve key products Aggressively pursue market share Make the business more robust Build a stronger team 96 Po
4、licy Deployment ? Communicates High-Level Priorities ? Ensures Organizational And Individual Objectives Are Aligned To The Priorities 97 Are Clear And Specific Objectives That Are Aligned To Deliver The Business Priorities SMART Objectives 98 SMART Objectives In what way does the objective challenge
5、 me? Is the objective clear enough to drive a specific action plan I can deliver? Objectives should challenge you and state exactly what will be achieved. Stretch and Specific 99 SMART Objectives Can I use data to show I completed this task? Objectives must be quantifiable so that you will know if y
6、ou have met the requirements. Measurable 100 SMART Objectives Do I know how this objective is linked to the overall Business Plan? Does this objective support the teams objectives? There must be a clear link between the objective and the Business Plan/Balanced Scorecard. Aligned 101 SMART Objectives
7、 Do I have a high degree of confidence that I can deliver this objective? Have I discussed with my supervisor how I will achieve this objective? While objectives should be challenging they should be achievable. Realistic 102 SMART Objectives When will the objective be met? Are there significant timi
8、ng milestones that should be tracked along the way? Objectives should specify a completion date and milestones. Time- Targeted 103 OPERATING CYCLE 11+110+29+38+47+56+65+74+83+92+101+110+12 12+0 Forecast Dec.Nov.Oct.Sep.Aug.JulyJunMayApr.Mar.Feb.Jan. . Calendar Year IPV/FPV Business Planning Budgetin
9、g 104 MANAGEMENT CYCLE Planning Execution Evaluation 105 MONTHLY MANAGEMENT REVIEW AND REPORTING PROCESS Inventory Product Timing Risks and OpportunitiesCustomer Satisfaction Team Quality AssessmentsCost Review Cost PerformanceMarket Program Review Year Over YearTaiwan Product Review Committee Quart
10、er to QuarterProcurement Issue to IssueProduction Scheduling Budget Performance ReportSales Review ReportsMeetings 106 BUSINESS ADVISOR PLANNING CYCLE In All Facets Of The Process, Finance Develops Data To Support The Reviews Acts As Advisor To Support Responsive Decision-Making The Process is Dynamic And Continuous 107 Now Can You Make Money?
