Navigation Links
Surveys Find Key Changes in the Role of the Pharmaceutical CFO
Date:3/25/2008

, the CFO and the finance function are also critical to a company's ability to achieve the right balance of risk and opportunity, and optimize risk as a key driver of value. In fact, the survey reported that the top three drivers that are transforming the role of CFO are increased regulatory and compliance requirements (46%), increased corporate governance obligations (36%) and increasing risk management responsibilities (32%).

"The risk profile is critical because the external environment is growing more risk averse while the changing nature of the business requires the industry to, in fact, take on a lot more strategic and operating risk to drive value," added Buck Luce.

Other key findings include:

-- Understanding wider issues: 32% of respondents feel that the CFO of

their organization does not have enough understanding of the wider

issues their business faces.

-- Cost reduction: More pharmaceutical respondents are considering

outsourcing and shared service models for certain internal functions

than those in other industries; 64% of respondents are currently

considering outsourcing certain internal functions as part of a

cost-reduction measure versus 46% of respondents from a cross-industry

population.

- Respondents were least comfortable in outsourcing clinical trials

(36%), followed by sales and marketing (33%).

India's perspective on pharmaceutical finance

Similar to the changes on a global level, a survey of pharmaceutical CFOs in India, conducted by Ernst & Young, found that they foresee a change in their roles.

Within the survey, however, there were distinct differences in the responses from CFOs of India-based subsidiaries of major multinational pharmaceutical companies (MNC) compared to those from CFOs of India-headquartered pharmaceutical companies (IPC). Most notably, human resource challenges are more acute for MNC
'/>"/>

SOURCE Ernst & Young
Copyright©2008 PR Newswire.
All rights reserved

1

GOOD

Page: 1 2 3 4 5

Related medicine news :

1. One of the Largest Post-WHI Physician Surveys Shows More Education is Needed: Patient Misinformation About Hormone Therapy Remains High
2. Parental surveys boost diagnosis abilities of pediatricians
3. Few Employers Addressing Workplace Stress, Watson Wyatt Surveys Find
4. Arbios Announces Management Changes
5. Renovis Announces Management Changes
6. Bradmer announces management changes
7. Streamline Health Announces Executive Management Changes
8. Onyx Pharmaceuticals Announces Management Changes
9. How pitching changes little leaguers shoulders
10. Sontra Medical Corporation Changes Name to Echo Therapeutics, Inc.
11. Medicare Changes Didnt Alter Cancer Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/19/2013)... Los Angeles, California (PRWEB) May 19, 2013 ... more damage than just losing sleep, or annoying your ... 9, 2013 report by CNY Central (“Snoring and Teeth ... a certain type of teeth grinding can be hard ... around 12 million Americans, and one of its symptoms ...
(Date:5/19/2013)... Fat Burning Furnace developed by Rob Poulos is ... fat burning diet plans, training workouts, and ... package, people will receive the Fat Burning Furnace manual, ... Fat Burning Furnace manual includes fat loss knowledge, and ... In addition, this book covers step-by-step instructions, techniques and ...
(Date:5/19/2013)... May 19, 2013 The Fat Loss Code ... loss secrets that help people get in shape, and ... body shape. The program also is a natural fat loss ... Besides, the author of this fat loss diet program claimed ... which can help people keep body fat off long-term. After ...
(Date:5/19/2013)... Malibu, CA (PRWEB) May 19, 2013 ... model addiction treatment center, has announced this week the ... completely through the brands’ social media channels. “We ... the addiction treatment community and to get feedback regarding ... Pax Prentiss, CEO and co-founder of the Passages ...
(Date:5/19/2013)... May 19, 2013 Minor fender benders ... road that require parties to the accident to respond ... Disease Control and Prevention (CDC) data from 2010, accidents, ... death (i). In fact, in 2005, automobile ... Additionally, more than 2.3 million drivers and passengers ...
Breaking Medicine News(10 mins):Health News:Dr. Kanani, Woodland Hills Dentist: Dangers of Tooth Damage and Obstructive Sleep Disorder 2Health News:Dr. Kanani, Woodland Hills Dentist: Dangers of Tooth Damage and Obstructive Sleep Disorder 3Health News:Fat Burning Diet | How “Fat Burning Furnace” Helps People Lose Their Weight Naturally And Fast – V-kool 2Health News:Weight Loss Secrets | How “The Fat Loss Code” Helps People Gain A Healthy Life And Get In Shape - Health Review 2Health News:Passages Malibu Announces its Sobriety, Health, and Wellness Social Media Survey 2Health News:Passages Malibu Announces its Sobriety, Health, and Wellness Social Media Survey 3Health News:Auto Accident Infographic Issued by d’Oliveira & Associates on Steps to Take After a Car Crash 2
... The American Association of Public Health Physicians submitted a petition to the US Food and Drug Administration on February ... medical, and the impact on public health the products could have in the future. , ... ... ...
... ... Web 2.0 and social media strategies are helping heads of state create Government 2.0 where ... open, and inclusive. , ... DC (PRWeb) March 13, 2010 -- Real Leaders Tweet is a new report that examines ...
... professional and collegiate hockey players had abnormal hip and ... no symptoms of injury, according to a study presented ... Specialty Day in New Orleans, (March 13). The study,s ... to not depend excessively on imaging when diagnosing patients. ...
... Calif. , March 12 For Southern California residents who ... effective option. People classified as obese, who have a BMI of over 40, are ... Post procedure, patients of lap band and gastric bypass surgery ... on which procedure they choose. , ...
... March 12 Community Health Systems, Inc. ... officer, Wayne T. Smith , and executive vice president and ... Institutional Investor magazine as the number one investor relations ... sectors. This is the fourth consecutive year Smith has received the ...
... of Michigan study recently published in Academic Emergency Medicine says that it is common for patients 65 and older to receive potentially inappropriate medications when treated in an emergency room. ... , ... ... ...
Cached Medicine News:Health News:Electronic Cigarettes Are Tobacco Products, States AAPHP 2Health News:Electronic Cigarettes Are Tobacco Products, States AAPHP 3Health News:Electronic Cigarettes Are Tobacco Products, States AAPHP 4Health News:Digital Policy Council Urges Heads of State to Lead and Follow -- with Good Governance on the Net 2Health News:Digital Policy Council Urges Heads of State to Lead and Follow -- with Good Governance on the Net 3Health News:Digital Policy Council Urges Heads of State to Lead and Follow -- with Good Governance on the Net 4Health News:Digital Policy Council Urges Heads of State to Lead and Follow -- with Good Governance on the Net 5Health News:New study finds 70 percent of able-bodied hockey players have abnormal hip and pelvis MRIs 2Health News:Dr. Feiz (drfeiz.com) Asks: What Is Better for You? Lap Band Surgery/Realize Band Surgery or Gastric Bypass Surgery 2Health News:Dr. Feiz (drfeiz.com) Asks: What Is Better for You? Lap Band Surgery/Realize Band Surgery or Gastric Bypass Surgery 3Health News:Community Health Systems, Inc.'s Wayne T. Smith and Larry Cash Named America's Top Healthcare CEO and CFO 2Health News:Some Older ER Patients Are Getting the Wrong Medicines, U-M Study Finds 2Health News:Some Older ER Patients Are Getting the Wrong Medicines, U-M Study Finds 3Health News:Some Older ER Patients Are Getting the Wrong Medicines, U-M Study Finds 4Health News:Some Older ER Patients Are Getting the Wrong Medicines, U-M Study Finds 5
(Date:5/17/2013)... CHAPEL HILL, N.C. , May 17, 2013 ... on how organizations communicate internally. Faced with a ... adjust their strategies and tactics for communicating with ... the effectiveness of all the strategies, tactics and ... In a new study, Best ...
(Date:5/17/2013)... 17, 2013  Sony Biotechnology Inc. ("Sony") today announced ... (SP6800).  Sony will be exhibiting and taking orders for ... at the San Diego Convention ... from May 20 - 22.  The ... commercial audio-visual technologies into new and novel functionalities for ...
(Date:5/17/2013)...  TechAtlas Group has announced the release of ... for the Chronic Kidney Disease (CKD) market. This ... drugs and devices currently on the market and ... (Logo:  http://photos.prnewswire.com/prnh/20130517/NE16011LOGO ) ... renal denervation , diabetic nephropathy - antifibrotics ...
Breaking Medicine Technology:Internal Communication Strategies and Tactics that Resonate with Key Stakeholders and Drive Organizational Effectiveness 2Sony Biotechnology Inc.'s New Technology for Science Provides Researchers Results in Color 2TechAtlas Group Releases Innovative Chronic Kidney Disease Landscape Map 2
... PARK, Calif., Sept. 14 Praxis EMR has submitted its ... EMRs to apply for HITECH certification in the country. Under ... in federal incentives if they can demonstrate "meaningful use" of ... the U.S. Department of Health and Human Services to test ...
... Reportlinker.com announces that a new market research ... Autistic Disorder - Pipeline Assessment and Market ... Autistic Disorder - Pipeline ... SummaryGlobalData, the industry analysis specialist, has released ...
Cached Medicine Technology:Praxis EMR Among First to Apply for HITECH Certification 2Reportlinker Adds Autistic Disorder - Pipeline Assessment and Market Forecasts to 2017 2Reportlinker Adds Autistic Disorder - Pipeline Assessment and Market Forecasts to 2017 3
Used for implantation to reinforce soft tissue. Supplied sterile in peel-open packages. Intended for one-time use....
... are pre-cut and pre-shaped to facilitate implantation ... frequently done. These pre-shaped onlays are available ... and are designed for use in both ... small and large sizes, they provide a ...
... laparoscopic inguinal hernia repair and urethral ... biomaterial that enables rapid fixation by ... answer to the most demanding hernia ... strong, soft, inert and conformable ePTFE, ...
... is the Bard Kugel Patch, which is constructed ... two layers create a positioning pocket, which is ... position. On the other side is a barrier ... "memory recoil ring," which causes the patch to ...
Medicine Products: