GE Capital

1
GE Capital OthersE-Business Challenges of
Chief Financial Officers

• Chapter 4
• Case 5

2
Reluctance to move to E-business Applications

• Increased need by CFOs to understand new tools
  and ways of doing business.
• Increased need by CFOs to stay on top of the
  latest technology trends.
• CFOs continue to be wary about entering
  e-business. Prefer to wait for successful
  e-business models to be firmly established and
  become easier to implement.

3
Challenges

• Getting legacy systems changed over to be
  web-enabled systems.
• Requires a lot of process and cultural changes to
  be made before implementing e-business
  initiatives.
• To get writers and researchers to conceptualize
  their work from an online standpoint.

4
Changing Role of CFO

• CFOs are being asked to act as process
  architects for their companies - a role they are
  not yet familiar with.
• Emerging role focuses on developing profitable
  e-business plans for reengineering internal
  processes that cut across different departments.
• Profits are still the bottom line.