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PAOLO BERTOLI
Editor in Chief ANDAF Magazine
“He who fails to innovate is lost”
In a constantly developing economic and social context, whi-
ch is governed by new rules and new players, “he who sto-
ps is lost”. When the level of competitiveness is high, what
makes the difference is the ability of entrepreneurs to in-
novate. However, innovation must be a concept which goes
beyond the production of goods and services, it must em-
brace a broader viewpoint: it is necessary to innovate pro-
cesses, business models, the very way of being a CFO. This
is the sense of the introductory speech by ANDAF Chair-
man, Fausto Cosi, who said that, from this viewpoint, he was
confident about the future of the Italian economy.
«There are
signs,»
said Cosi
«that mean we can be optimistic: the ra-
tionalisation programs implemented by companies over re-
cent years are producing positive results, just as the Go-
vernment’s reforms, for example the Jobs Act, are helping
companies reduce production costs and encourage the re-
cruitment of young people. In short, in Italy the most serious
stage of the crisis seems to be behind us, and there has been
a kind of natural selection. However, now is the time to look
forward and return to investing, above all, in innovation»
.
Cosi was echoed by the IAFEI Chairman Luis Ortiz-Hidal-
go,
«Also for IAFEI innovation is paramount»
he recalled,
“with a view to introduce new services for its members, su-
ch as the five commissions which have been created over re-
cent years: the International Financial Reporting Standards
(IFRS) Committee, the International Treasury Committee,
the International Tax Committee, the International Ob-
servatory of Management Controller Committee and the
Anti-Corruption Committee»
.
1.
Palazzo Mezzanotte hosted the 45
th
IAFEI World Congress;
2.
Fausto Cosi, Vice Chairman IAFEI and Chairman ANDAF;
3.
Gabriele Fontanesi, IAFEI Organizing Committee Chairman;
4.
Filippo Barberis, Councillor Municipality of Milan;
5.
Luis Ortiz-Hidalgo, Chairman IAFEI;
6.
the Congress is about to start
1
IAFEI Quarterly | Issue 31 | 7