The FENG Boston, MA Chapter

Next Meeting

When:

10/24/2018 – 7:30 AM to 9:30 AM (Reserve a spot at this event)

Where:

Morse, Barnes-Brown, Pendleton PC, CityPoint,
230 Third Avenue, Waltham,
MA 02451, 4th Floor conference room
(Free parking in the garage below the building that overlooks Rte 128)

Agenda:

Topic: How to engage your CEO on Industry 4.0

Whether you are actively managing a company’s finances, or between gigs, you need to have your finger on the pulse of management issues. Industry 4.0 is called the 4th industrial revolution, or smart factories. By whatever name, the underlying principles are impacting organizations and their supply chains across the globe. It explains the convergence of Internet of Things (IoT), Big Data, cloud computing, mobile technology, microelectronics, and low-cost sensors. It is a way of describing the transformation affecting many industries. Industry 4.0 is a complex and fast evolving topic, and as new ways of connecting people with products and products with each other emerge. While Industry 4.0 involves technology, this is NOT a technology presentation. It is about how management and accounting could be fundamentally changing as a result of this new trend.

After attending this session, CFOs will be better able to engage with their CEOs on:

• How Industry 4.0 could disrupt the company’s industry

• Opportunities to adopt Industry 4.0 principles

• The basic process of building a business case for adopting Industry 40 principles, including identifying and quantifying the costs and benefits of adopting Industry 40 principles

• Examples of data needed and methods of data collection to support the implementation of Industry 4.0 principles

Paul is working with a F500 life sciences company and one of the big accounting firms to collect stories of how these changes will affect different industries. He may offer some FENG session participants a chance to be included in his research.

Paul Juras , PhD., CMA, CPA

Paul Juras is a Professor of Managerial Accounting and Operational Performance at Babson, is a Certified Management Accountant (CMA) and holds a CPA license (inactive) from NY. His PhD is from Syracuse University and he earned both a BBA and MBA from Pace University. Paul has expertise in strategic management accounting. He has published articles in many journals, including the Journal of Corporate Accounting and Finance, Issues in Accounting Education, The CPA Journal, and Strategic Finance and his current research interests focus on contemporary cost management systems. He is s a co-author of a cost management text and has co-authored numerous cases with a cost management perspective. He is heavily involved with the Institute of Management Accountants, including current Chair of the Board of Regents, membership on the Global Board of Directors, and past Chair of their Research Foundation.

FENG Presentation/Agenda:
7:30 AM – Coffee/juice & informal networking
8:00 am – Introductions & 30 second elevator pitches
8:15 am – Panel & interactive discussion
9:00 am – Wind-down, and final networking discussions
9:30 am - Adjourn



The dress code is business casual.

FENG Boston Chapter Leadership:

Will Oliver
Bedford, MA
will@wjoliver.com
781-424-0179

Marc Cote
Duxbury, MA
marc.cote@comcast.net
617-538-5688

Directions


About the Boston, MA Chapter

The Boston Chapter has 3,366 members. 36% actively searching and 64% alumni (working).

Chapter Leadership

Marc Cote
marc.cote@comcast.net
(617) 538-5688
Marc Cote is certified FocalPoint business coach and area representative. As a business coach, he leverages the FocalPoint business principles, tools and his 30 years of leadership, operations and finance experience to help business owners and leaders realize their goals and exceed their expectations. As an area representative, he looks for those caring and experienced business professionals that could be great FocalPoint Business Coaches.

He is the son of a second-generation business owner with a deep-seated passion for business and helping others succeed. He was also a co-founder of Accellient Partners LLC, a drug development consulting and biotech start up firm, Synchroneuron Inc., a venture-backed biotech and Ternus Pharma, Inc., a start-up pharma company. Marc was previously the COO of Aptuit Consulting’s global biotech practice where he was responsible for managing all operating, financial & business development activities. Prior to Aptuit, Marc was with Dunkin’ Brands and had vice president roles where he was alternately responsible for Accounting, Tax, Finance and Shared Service operations. Marc started his career in the Entrepreneurial Services Group at EY, he received a BS in Accountancy from Bentley College and earned his CPA certificate in MA where he was a licensed CPA for 17 years.

Marc is a member of Boston Harbor Angels and Sky Ventures where he is an active investor. In addition, he is a Co-Chair of Mass Bio's Entrepreneur University. Marc splits his time between Duxbury, MA and Naples, FL.
Will Oliver
will@wjoliver.com
(781) 424-0179
Will helps middle market companies increase in value, serving as an interim or part time financial executive. Will founded and grew four companies, two with substantial exits. He has created value as full time CFO in the software, vending, healthcare services industries. He has also built successful, collaborative teams as COO and CEO. He has built value as Treasurer and Secretary on six boards. Will specializes in driving success within industries experiencing significant disruption, especially healthcare.

Will invests in people. For example, in a large Texas healthcare organization, Will redesigned personnel development to transform culture and cut turnover by 50%. Will heads the FEI Boston Professional Development Committee, where he is launching the "CFO 2025" season. He has a Masters from MIT and a Doctor of Management from Case Western. He taught full time at Brandeis and is a CPA (inactive). Connect with Will at: https://www.linkedin.com/in/willoliver/

For Meeting Information, Please Contact:
Will Oliver
will@wjoliver.com
(781) 424-0179

OUR SPONSORS:

cfo