Navigant and Public Utilities Fortnightly continue the CFO conversation, revealing the importance of innovation and the critical role of security
Navigant and Public Utilities Fortnightly (PUF) recently sat down with the chief financial officers of the three largest southeast utilities for a two-part conversation on priorities, innovation, and the path to success.
During the second part of their conversation, Jan Vrins, leader of Navigant’s global Energy practice, quizzed Duke Energy’s Steve Young, Southern Company’s Art Beattie, and Dominion’s Mark McGettrick on how they free up financial and human resources to innovate and what it means to tackle today’s security issues.
The trio stressed the importance of investing in innovation, noting that past successes have come from their own employees – through idea competitions and dedicated roles focused on finding new solutions – as well as from industry research and outside firms.
PUF editor Steve Mitnick also asked the group how they realized success personally and professionally.
Each of the CFOs shared corporate accomplishments, which ranged from transitioning portfolios, to executing successfully on large-scale projects, and growing their customer bases, among others. As they reflected on the climb to the CFO role, they also discussed the importance of learning from those in different areas of the business and the impact good leaders and communication can have across a career.
See what other insights the execs had to share in this transcribed version of the discussion, which appears in the August issue of PUF. The first part of the discussion appeared in the July issue of PUF and can be read here.