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MARCO VENTURELLI
Country CFO
Novartis Italy
How Happiness, Sustainability and
Finance create a Better World
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
Presentation
 CFO as Strategic Leader
 Happiness
 Sustainability
 A purpose driven approach: Finance for a better Society
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
 At the heart of all the world’s big firms
 Shape the scope and direction of a company.
 Leads the Performance and Financial Strategy and drives Operational
Excellence
 CFOs also play a growing role in external relations.
 The shareholder-value movement gave them a bigger role in setting
corporate goals.
 The Sarbanes-Oxley legislation codified the CFO’s role as the CEO’s
partner
 ......but Finance should remain a servant function
(*) EY, 2016 report on CFO role, The Economist 01/17
CFO as Strategic Business Partner(*)
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
Can a CFO be Happy?
Market share
Growth
Profitability
RONA
EPS
Dividends
Emotional Distance
Fair Resource allocation
Balance CEO
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
What is Happiness and why it drives the World ?
Eudaimonia [happiness] is the meaning and
the purpose of life, the whole aim and end of
human existence.
― Aristotle
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
1. You Are In Charge of Your Own Happiness
2. Don’t Obsess over Things You Can’t Control
3. Don’t Compare Yourself to Other People
4. Reward Yourself, Cultivate an Attitude of
Gratitude and Believe the Best Is Yet to Come.
5. Exercise During the Work Week, Give Someone
A Hand
6. Smile and Laugh More, Stay Away From
Negative People and Laugh at Yourself
Can this work with Finance Associates?
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
Happiness generates better returns
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
Happiness for the Good Company Government
Pursuit of Happiness becomes Constitution. A
group of Enlightened Politicians understand that
citizen well being and Happiness is the highest
scope of government. “The care of human life
and happiness … is the only legitimate object of
good government".
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
How Lithuania gained 30 positions in World Happiness ranking
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
17 Goals for a Sustainable (Happy) World
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
Finance is not alone in sustaining the need for a better world!
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
Investors look for Sustainable assets
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
EU 95 2014 Directive
By CSR EU, GRI Member State Implementation Report 2017
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
 Create Awareness in the Finance Community and in Society
 Discuss the Voluntary application of EU 95/14 with the Board
 Design your new ESG Strategy
A proposal to the Lithuanian Finance community
7th ANNUAL EVENT
Sep 17, 2019 | Vilnius
The linked image cannot be displayed. The file may have been moved, renamed, or deleted. Verify that the link points to the correct file and location.
www.thehappycfo.it
We are all Happy CFOs

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How Happiness, Sustainability and Finance create a Better World

  • 1. MARCO VENTURELLI Country CFO Novartis Italy How Happiness, Sustainability and Finance create a Better World 7th ANNUAL EVENT Sep 17, 2019 | Vilnius
  • 2. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius Presentation  CFO as Strategic Leader  Happiness  Sustainability  A purpose driven approach: Finance for a better Society
  • 3. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius  At the heart of all the world’s big firms  Shape the scope and direction of a company.  Leads the Performance and Financial Strategy and drives Operational Excellence  CFOs also play a growing role in external relations.  The shareholder-value movement gave them a bigger role in setting corporate goals.  The Sarbanes-Oxley legislation codified the CFO’s role as the CEO’s partner  ......but Finance should remain a servant function (*) EY, 2016 report on CFO role, The Economist 01/17 CFO as Strategic Business Partner(*)
  • 4. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius Can a CFO be Happy? Market share Growth Profitability RONA EPS Dividends Emotional Distance Fair Resource allocation Balance CEO
  • 5. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius What is Happiness and why it drives the World ? Eudaimonia [happiness] is the meaning and the purpose of life, the whole aim and end of human existence. ― Aristotle
  • 6. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius 1. You Are In Charge of Your Own Happiness 2. Don’t Obsess over Things You Can’t Control 3. Don’t Compare Yourself to Other People 4. Reward Yourself, Cultivate an Attitude of Gratitude and Believe the Best Is Yet to Come. 5. Exercise During the Work Week, Give Someone A Hand 6. Smile and Laugh More, Stay Away From Negative People and Laugh at Yourself Can this work with Finance Associates?
  • 7. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius Happiness generates better returns
  • 8. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius Happiness for the Good Company Government Pursuit of Happiness becomes Constitution. A group of Enlightened Politicians understand that citizen well being and Happiness is the highest scope of government. “The care of human life and happiness … is the only legitimate object of good government".
  • 9. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius How Lithuania gained 30 positions in World Happiness ranking
  • 10. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius 17 Goals for a Sustainable (Happy) World
  • 11. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius Finance is not alone in sustaining the need for a better world!
  • 12. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius Investors look for Sustainable assets
  • 13. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius EU 95 2014 Directive By CSR EU, GRI Member State Implementation Report 2017
  • 14. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius  Create Awareness in the Finance Community and in Society  Discuss the Voluntary application of EU 95/14 with the Board  Design your new ESG Strategy A proposal to the Lithuanian Finance community
  • 15. 7th ANNUAL EVENT Sep 17, 2019 | Vilnius The linked image cannot be displayed. The file may have been moved, renamed, or deleted. Verify that the link points to the correct file and location. www.thehappycfo.it We are all Happy CFOs