In this episode, Host Paul Barnhurst, aka The FP&A Guy, explores the complexities of corporate spin-offs with guest Jens Gutberlet. They focus on Kenvue’s remarkable journey of separating from Johnson & Johnson with strategic reasoning and organizational transformation. This discussion highlights the challenges and opportunities that arise when creating a standalone company from a global giant. Jens Gutberlet is a seasoned finance leader with over 15 years of experience in multinational consumer goods companies like Henkel, Edgewell, Johnson & Johnson, and now Kenvue. Based in Toronto, Jens has spearheaded major transformation projects, including two large-scale company separations. His expertise in FP&A and organizational change shines through as he shares his insights from Kenvue’s historic spin-off. Expect to Learn: Why Johnson & Johnson decided to spin off Kenvue and the strategic benefits of the separation. The key challenges and milestones in creating a new standalone company. How FP&A professionals can contribute to major transformation projects. The importance of mindset and communication during organizational change. Opportunities for improvement in finance systems and processes during spin-offs. Here are a few relevant quotes from the episode: "Understanding the 'why' behind a transformation is crucial for keeping people engaged and motivated." - Jens Gutberlet "Managing cultural and people aspects during transformation is often harder than tackling technology." - Jens Gutberlet "The key to success is breaking down massive projects into manageable, bite-sized steps." - Jens Gutberlet Jens emphasizes the importance of communication, strategic thinking, and adaptability in navigating the complexities of organizational change. For FP&A professionals, spin-offs are a unique opportunity to shape the future of a company and build robust financial systems. World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup now: https://bit.ly/4decOf3 Follow FP&A Tomorrow: Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 Follow Jens: LinkedIn - https://www.linkedin.com/in/jens-gutberlet/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy Enroll for Wharton Online Certificate Program: Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Use Code: THEFPAGUY300 to save $300. Earn Your CPE Credit...
