The coronavirus pandemic has left businesses around the world reeling and financial markets in disarray. In these challenging times, the Institute of Management Accounting and Control (IMC) has recently offered various online sessions on the current challenges.
On 27 May, the CIMA & WHU Campus Talks on crisis management and the new normal was held online for the first time. Where are we now and how is the future going to look like? What are the implications for companies? How will planning and risk management practices need to change? These and many other questions were discussed in a panel moderated by Utz Schäffer. Alexander Borissov (Risk and Compliance Officer at Ludwig Institute for Cancer Research Ltd., Switzerland), David Harris (Risk Consultant and Futurologist at Chevin Consultants, United Kingdom), Cedric Lenoire (Business Risk Consultant, France), Meka Nwabuko (Finance - Asset Management Excellence at Shell, Netherlands), and more than 160 participants from across Europe engaged in an inspiring debate that provided a lot of food for thought.
Focusing on the key findings of two crisis surveys among CFOs and controllers recently conducted by WHU Controller Panel in cooperation with the International Association of Controllers (ICV), Marko Reimer also offered two online sessions: On 20 May, he participated in the online session series of Forum Mittelstand for small and medium sized companies. Besides providing interesting results of the Flash Study, he also presented an outlook on possible future scenarios. A week later, on 28 May, Marko Reimer spoke to a large international audience of the WHU Webinar Series “Business in a post-corona world”. He discussed how finance professionals currently see their firm’s crisis management and outlined potential implication for the future of controlling.