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HP2-E57 - IT to Business Alignment - HP Always On(R) Support Services - Dump Information

Vendor : HP
Exam Code : HP2-E57
Exam Name : IT to Business Alignment - HP Always On(R) Support Services
Questions and Answers : 40 Q & A
Updated On : June 18, 2019
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Test Number : HP2-E57
Test Name : IT to Business Alignment - HP Always On(R) Support Services
Vendor Name : HP
Q&A : 40 Dumps Questions

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IT to Business Alignment - HP Always On(R) Support Services exam

Hewlett Packard enterprise CFO On How Divisional And group Finance Chiefs associate for success | HP2-E57 Dumps and Real exam Questions with VCE Practice Test

Photographer: Michael Nagle/Bloomberg

On November 1, Hewlett Packard (HP) formally separated into two agencies: HP Inc., the notebook and printing company, and Hewlett Packard enterprise, which specializes in know-how infrastructure, application and capabilities. On the heels of this information, I connected with Tim Stonesifer, CFO of the newly shaped Hewlett Packard enterprise about his transition into the role and the way his previous experiences as a divisional CFO within HP organized him.

This interview has been edited and condensed.

Jeff Thomson: Divisional CFOs are sometimes faraway from group-degree choices and issues, such as funding. How have you organized to tackle these new obligations as an commercial enterprise-vast CFO?

Tim Stonesifer: during the last six months, I’ve in reality been donning two hats: satisfying my duties as divisional CFO of HP commercial enterprise group (EG) whereas also driving enterprise- stage discussions as CFO of the brand new Hewlett Packard business (HPE).

at the divisional degree, i was liable for assisting the enterprise obtain its desires and using effects in a extremely dynamic market and enterprise atmosphere. This required setting clear priorities, resolving complicated issues, and partnering with quite a lot of businesses across HP to force business consequences.

although the business-large “lens” is greater focused on corporate finance challenges, I utilized these identical abilities from my operating finance function to aid establish HPE. I also had a great teach in HP CFO Cathie Lesjak, who offered me suggestions and advice after I necessary it.

Thomson: As CFO of the enterprise community, how did you're employed with Cathie Lesjak and the relaxation of the finance team to make sure the company’s economic goals had been met? What takeaways will you convey to your new position as a group CFO working with HP business’s divisional CFOs?

Stonesifer: once I joined HP as CFO of EG, my fundamental purpose changed into to help the enterprise force profitable growth and to positively contribute to HP’s broader fiscal desires. Cathie would carry “tops down” fiscal suggestions after which i would work with the EG finance team to operationalize those aims at the company unit level.

normal, one of the vital essential elements of my function as divisional CFO become to power accountability throughout EG. To accomplish that, we developed particular fiscal instrumentation to supply better economic visibility and transparency, which then drove greater accountability in the corporation. inside this framework, we empowered the business leaders to run their organizations and make selections, whereas preserving them responsible for his or her effects.

I’ve had a number of operating finance roles over the final twenty years and have always preferred leaders who set a clear imaginative and prescient and priorities, and then empowered the crew to exit and carry on these priorities. Given my new position, I’ll be spending a lot more time on broader company finance strategy and with our buyers, so I’ll  be reliant on the divisional CFOs to power the daily operating effects. I actually have a pretty good group and will supply them that identical readability and alignment, and then aid and empower them to power enterprise effects. I spent 18 years at GE, which has a good finance model round delivering effects and being responsible. I plan to  continue that right here at HPE.

Thomson: You previously served as CFO of a number of diverse divisions inside GE and GM earlier than becoming a member of HP. to your adventure, does the CFO function fluctuate throughout industries and, in that case, how (e.g. distinctive laws, a more suitable emphasis on company partnering, and so forth.)? How would you advocate CFOs planning to change industries put together for the transition?

Stonesifer: Transitioning to a special trade will also be overwhelming, but the comforting half is that the core economic talents of a CFO translate across industries and geographies. leadership, essential thinking (the skill to breakdown complicated concerns and Boost useful options) and communication are attributes that each potent finance chief needs inspite of the business.

I’ve additionally discovered it helpful to identify a peer in the company you’re becoming a member of who that you could solicit assistance and be taught from, and start concepts off of in a secure atmosphere. once I joined GM because the CFO of its international operations, I spent a lot of time with Chuck Stevens, who turned into a 30-year GM finance veteran and the CFO of the North the us operations. Chuck had super insights on a way to navigate the GM matrix, accelerated my gaining knowledge of curve on one of the most economic nuances inside the auto trade, and helped me gauge talent as I assembled my team.

probably the most difficult part of changing industries is understanding the aggressive and operational dynamics inside that business. I’ve been in the coverage, leasing, manufacturing and structured finance industries, which all behave very differently. It’s critical to meet with customers, the crew and industry analysts to be trained as at once as viable.

I have effective foreign journey that has made it less demanding to transition to a multinational organization like HPE. Having an understanding of how legislation, operations and partnerships differ country by using country permits me the skills of applying my competencies to a variety of areas.

Thomson: When discussing the cut up of Hewlett-Packard, CEO Meg Whitman defined the flow would force innovation. How do you view the CFO’s position within the innovation procedure and what steps will you take to motivate innovation in the finance function?  

Stonesifer: At HPE, investing in innovation will stay a core precedence relocating forward, and, as a smaller enterprise, we’ll be in a position to be much more concentrated with our investments. To obtain this, finance performs a key function in constructing the correct capital constitution and capital allocation strategy, together with conserving a robust balance sheet and funding grade credit rating. An optimized capital structure gives us the capability to make the vital investments within the company while additionally meeting different capital duties.

Finance also plays a key function in settling on which investments we should make, based on expected returns. Our preferred approach is biological investment in key focal point areas throughout our portfolio, however we can consider inorganic investments through strategic partnerships or our Ventures software. R&D turned into up yr over yr in FY14, and we predict it to continue to develop as a percentage of income. That being spoke of, we will additionally trust M&A within the appropriate instances.

Thomson: As CFO of a newly fashioned business, how will you Boost your relationship with the board? In what ways can CFOs easily work with the board to reinforce their function as strategic thinkers influential in riding business growth?

Stonesifer: I see our board as business partners, and as such, will use my role to ensure the board has the applicable perception and economic transparency to drive neatly-counseled decisions. i will be able to maintain an everyday cadence of conferences with the board and audit committee individuals, and should solicit their insights and leverage their adventure to enable the enterprise to obtain its commitments and pressure shareholder value.


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XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]





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HP HP2-E57 Exam (IT to Business Alignment - HP Always On(R) Support Services) Detailed Information



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