Shows
#SITN Strength In The Numbers#359: MM: Two Worrying Statistics To Be Mindful Of“Self-awareness comes from asking and answering hard questions,” Stephen Covey. In this bite-sized episode we share with you two worrying statistics finance leaders and professionals need to be mindful of and how also three potential approaches to address them. #FinanceMentor#SITN Full Transcript [00:00:00] Andrew: Hi everyone. And welcome to this. Week’s Monday memo. hope you...2021-10-1808 min#SITN Strength In The Numbers#349: MM: How A Hosepipe Can Help Your Efforts Go FurtherWhat has a hosepipe got to do with your efforts, and helping them go further? I’m always on the lookout for a good analogy to share, so in this bite-sized episode I share the opportunities this one presents to get the most out of your career and non-career activities. #FinanceMentor#SITN Full Transcript [00:00:00] Andrew: Hi...2021-09-1406 min#SITN Strength In The Numbers#345: MM: Why Do Chief Data Officers Fail“Why Do Chief Data Officers Fail?” This was the headline of an article I read during the week and got me thinking since finance professionals rely so much on data too are there any signals or traps we need to be aware of so we don’t make the same mistakes. #FinanceMentor#SITN Full Transcript Andrew: [00:00:00]...2021-06-1407 min#SITN Strength In The Numbers#339 MM Is Work – Life Balance The Right GoalWork-life balance as a goal? That’s what someone asked me and whilst it seemed a very noble target to aim for it’s also probably a tricky question to answer.In this bite-sized episode I explain why as well as some thoughts on how finance professionals can approach this question. #FinanceMentor#SITN#worklifebalance Full Transcript: Andrew: [00:00:00] Hi everyone,...2021-05-2512 min#SITN Strength In The Numbers#329: MM: 3 Key Lessons Jerry Maguire Teaches Us About Having A Successful Finance Career“Show Me The Money” This is one of the most well-known lines from the movie Jerry Maguire, but there are other lessons in the movie which I share in this bite-sized episode that are useful advice on having more successful and meaningful careers in Finance. #FinanceMentor#SITN Full transcript Andrew: [00:00:00] Hi everyone. And welcome to...2021-03-2907 min#SITN Strength In The Numbers#327: MM: 5 Reasons Why Finance Teams Should Ask Your DeveloperAsk Your Developer! That’s what Finance teams should be doing. In this bite-sized episode I share some three thoughts on how Finance teams and professionals can harness the power of software developers to win in the 21st century. Link to book: www.amazon.com/dp/0063018292 #FinanceMentor#SITN Transcript Andrew: [00:00:00] Hi everyone. And welcome to this week’s Monday memo, [00:00:02]and...2021-03-2312 min
#SITN Strength in the Numbers Show#325 MM What’s The Year Of The Ox Have In Store For Finance ProfessionalsWhat’s the Year of the Ox have in Store for Finance Professionals?
Given we’ve just moved from the Chinese Year of the Rat, and all the turbulence that we’ve just experienced during it, what might the Year of the Ox have for finance and accounting professionals?
In this bite-sized episode our #SITN co-host Wei Chien & I come together to share some thoughts on what the year of the Ox might hold in store and look like for finance professionals as well as sound out some good areas for us to focus on before we go into the year o...2021-03-1508 min
#SITN Strength in the Numbers Show#290: How the Best Teams are Dealing with the Latest Paradigm Shift with Phil Thorne" Everything moves so quickly. You don't have the ability to look back and reflect … expect the unexpected,” according to this week’s guest mentor Phil Thorne who helps deconstruct with us:
- The growing paradigm shift Phil sees emerging in society and finance & accountings role
- How we can break out from our old mechanistic ways and move more towards being more like an evolving organism
- What successful finance teams are doing to help operations really simplify and actually be of more value with them to the business
- The three laws of Agile
If you enjoyed this episode, check...2020-09-1035 min
#SITN Strength in the Numbers Show#289: Monday Memo: Predicting the Future with Data AnalyticsWant to know more about how finance & accounting can better predict the future with data analytics?
In this bite-sized episode I share a taster of some potential avenues we’ll be exploring at #finex on Wednesday.
#FinanceMentor
#SITN
#Development
https://www.finexsummit.com/2020-09-0704 min
#SITN Strength in the Numbers Show#288: The 4 Building Blocks For Finance professionals That Have Emerged This Pandemic"The most important place to start to implement any strategy is to start with people,”
according to this week’s guest mentor Chris E. Ortega who helps deconstruct with us:
- The 4 building blocks for FP&A professionals that have emerged during this pandemic:
• Agility
• Empowerment
• Remote
• Leveraging technology
- An interesting sporting passion where strategy can trump physical prowess and how it helped his career
- How to start implementing your strategy with people first, then process and technology
- Best connecting with your people as you connect with other areas of the business
If you enjoyed this episode, check out ou...2020-09-0333 min#SITN Strength in the Numbers Show#287: Monday Memo: What is Career Capital and How to Leverage It in FinanceThere are two types of people in Modern Finance & Accounting, those that are frustrated with their jobs and feel like they are going sideways in their careers, and then there are those who seem to have the dream job, enjoying the autonomy, control, influence, and rewards from being involved in the most meaningful decisions because they know what career capital is and how to leverage it.
In this bite-sized episode I share a few thoughts on what Career Capital is and how we can all leverage it Finance to find and live that dream job and career path.
#FinanceMentor
#SITN
...2020-08-3111 min
#SITN Strength in the Numbers Show#286: Getting Going with Machine Learning for Finance and Accounting with Ashok Manthena" It’s about selecting the right model that applies to your data then fine tune it to give you the best output,” according to today's guest mentor Ashok Manthena who also helps us deconstruct on this episode:
- Why Start-up companies adapt to machine learning technology faster and why mature ones are reluctant to invest in it
- How machine learning makes forecasting easier in finance and why an appropriate rate of accuracy is an important consideration
- And different machine learning models to get a start on in Finance
If you enjoyed this episode, check out our time-stamped show note...2020-08-2731 min#SITN Strength in the Numbers Show#285: Monday Memo: Making Better Decisions Around De-globalisationWhat is de-globalisation and why is it important for today’s finance professional?
Up until the current pandemic the world had never been more physically close, opening up more opportunities and risks for international trade. However there have also been growing calls to support and protect industries and domestic resources, with such measures contributing to deglobalisation. International companies face the pressure to balance these two conflicting business features while maintaining a viable operation to generate value on the investment from stakeholders
In this bite-sized episode I share a few thoughts from a recent article by Simone Collins which takes a br...2020-08-2406 min
#SITN Strength in the Numbers Show#284: How to Have a Good Day in Finance & Accounting with Caroline Webb"Figure out what you really love, that will give you energy” some fantastic advice from our guest mentor Caroline Webb who also helps us deconstruct on today’s episode, how we can:
• Figure out how to do more of what you love and you'll have more impact in your career
• Taking breaks improves the quality of your insight and decision-making
• Find a personal routine and set team norms that remind you to check your blindspots
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.c...2020-08-2030 min#SITN Strength in the Numbers Show#283: Monday Memo: Boosting Your Professional Image OnlineHow much time are you investing building your professional image online?
Given the demands on the modern finance professional, not just delivering on the day job, but also keeping up with industry trends and what’s going on, there are also others out there, such as potential employers and peers, who are checking out your online image to see how strong it is. So what efforts and time are you putting into boosting your professional image online?
In this bite-sized episode I share a few thoughts from a recent interview I gave with FM magazine (link to article below).
#FinanceMentor
#SI...2020-08-1708 min
#SITN Strength in the Numbers Show#282: Seven Shifts Towards Leadership Mastery with Talita Ferreira"When you are very clear about your purpose that is when it’s very easy to inspire other people” as our guest mentor Talita Ferreira will help us deconstruct for todays’ episode where we also go into:
- The importance of post-COVID leadership transformation
- The seven shifts to follow this post pandemic period
- An effective way to investment in development post pandemic
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/282.
#FinancialMentor
#SITN
#7shifts2020-08-1328 min#SITN Strength in the Numbers Show#281: Monday Memo: Reframing Stakeholders’ Problems For Better ImpactHave you heard of Reframing before in Finance?
Have you ever seen it in a textbook? Well it happens a lot in good Sales & Counselling, however it is also a key skill for finance professionals and accountants who wish to become more influential, impactful and have more fun and meaning in our careers.
In this bite-sized episode I deconstruct reframing into 3 steps to use it to your advantage including a bonus one at the end.
#FinanceMentor
#SITN
#Reframing2020-08-1008 min
#SITN Strength in the Numbers Show#280: Changes That Are Democratizing the Accounting and Finance Profession"Most people think accounting and finance job is boring, but I think it’s one of the most interesting jobs in the world”
according to our guest mentor David Axson who will help us deconstruct for today's episode:
- The 3Ts that are democratizing the accounting and finance profession
- The Impacts of COVID19 on many businesses
- Liberating the accountant from the tyranny of the spreadsheet
- 3Ds that are liberating the finance and accounting profession
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more...2020-08-0634 min#SITN Strength in the Numbers Show#279: Monday Memo: How the Planning Fallacy can Land Finance in TroubleHave you ever heard of the planning fallacy and how it could be hurting your impact?
In Finance we do a lot of planning of budgets, close cycles, payment runs, etc… , but there are so many more tasks that we need to plan to do that it sometimes feels that there are simply not enough hours in the day. Without proper awareness and management of this planning fallacy it could be seriously holding us back from not only enjoying our work but also from making a bigger impact?
In this bite-sized episode I explore some thoughts on what the planning fa...2020-08-0307 min
#SITN Strength in the Numbers Show#278: Revolutionising Finance For Non-Finance Professionals with Mark Samowitz“Throw a hundred pieces of wet tissue paper on the wall and something is going to stick,”
According to Mark Samowitz, our guest mentor for today, who shares his experiences to help us deconstruct how to:
- Juggle between singing at the same time as practising accounting career
- Forge your own path and journey to be your own boss
- Use 3 steps to get on the same page with others
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/278.
#FinancialMentor
#SITN...2020-07-3037 min#SITN Strength in the Numbers Show#277: Monday Memo: What does it mean to be Diplomatic in Finance?What does it mean to be Diplomatic in Finance?
When you hear the word Diplomacy it conjures up images of government or state officials negotiating and influencing outcomes. Sometimes these diplomatic acts make the news such as the well-publicised Trade Wars between the US & China or how to coordinate nations to better deliver on climate change targets, although most go unreported. So I was a bit taken aback when someone said they thought I had been diplomatic during the week, because I didn’t really think of our work like that and also I didn’t deliberately know how to be d...2020-07-2708 min
#SITN Strength in the Numbers Show#276: The Impacts of Technology Disruption on the Legal Profession and Lessons for AccountantsJoin Izwan Zakaria to learn about technology disruption and opportunities in the legal and accounting spaces. Izwan shares his challenges in growing a tech and startup focused law firm in South East Asia, and how accountants play a crucial role especially for early stage startups and tech companies.
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/276.
#FinancialMentor
#SITN
#law
#startup2020-07-2342 min
#SITN Strength in the Numbers Show#274: Maintaining Duality in Finance with Thomas Gustafsson"One of the most important traits of any professional is the ability to step back and ask the question, why?”
according to this week’s guest mentor Thomas Gustafsson who helps us deconstruct on our latest episode:
- The links between how we look at nature and better business partnering;
- 3 tips on how to seeing the bigger picture;
- The importance of asking how much it costs not having something; and
- The “why” and duality of finance and accounting;
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our gues...2020-07-1637 min#SITN Strength in the Numbers Show#273: Monday Memo: When is Cash Not Always King?Is Cash Really King?
We’ve a saying in Finance that cash is king. There have been many profitable businesses, with great growth potential but ultimately went bankrupt because they did not have enough cash at the bank.
However is this always the case? In this bite-sized episode I explore some thoughts on why it might not always be this way.
#FinanceMentor
#SITN
#CashIsKing2020-07-1305 min
#SITN Strength in the Numbers Show#272: Even Transactional Finance can be Business Partnering with Simone Collins“We are far from each other yet so near because of technology” according to our guest mentor Simone Collins, who will help us deconstruct for todays’ episode:
- The benefits of dropping “finance” from the role title finance business partner.
- Getting more virtual learning into finance to learn and share best practices across our profession.
- 3 steps to transition between industries using the example of moving for a tech business to insurance.
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/27...2020-07-0930 min#SITN Strength in the Numbers Show#271: Monday Memo: Does your CFO view you as an asset or an expense?How do CFOs and Finance leaders decide on who and where to hire into their finance organisations?
Unless you’ve been hiding under a rock you’re well aware of the rate of change impacting many of our enterprises and industries. And, of the many jobs within these organisations, one of them in particular has become much more demanding, the role of CFO and their finance team, who are responsible for ensuring that the organisation they serve is growing both sustainably and profitably.
In this bite-sized episode I share some thoughts on this conversation and how to answer this question.
#Fina...2020-07-0608 min
#SITN Strength in the Numbers Show#270: Creating Value Through Data Analytics Best Practices with Prashanth H Southekal“Look at data analytics holistically in a way how people work and behave rather than from a technical perspective” as our guest mentor Prashanth Southekal, who helps us deconstruct for us on todays’ episode:
- His top three practices to drive business performance using data analytics
- The importance of viewing analytics in terms of products that meet people’s needs as opposed to projects
- Why Post-COVID data analytics will play a bigger role than it was before.
- Why it’s important to define the cost of not knowing the value of the right information and KPIs.
- Advice to...2020-07-0235 min#SITN Strength in the Numbers Show#269: Monday Memo: The Bell Curve Fallacy and the Importance of the Long-TailWhat’s one of the biggest fallacies in business & finance and which is holding our performance back?
It’s that performance & results of both staff and enterprises follows a normal bell-curve distribution! It simply doesn’t! Intuitively we know this because 50% of newly registered businesses will fail in 5 years following an exponential Paretian power curve, 5 companies make up 18% of the stock market value in the US, and on sports teams most of the money goes to those who generate the most value with most of us earning below the average. In any endeavor there are those who smash performance out of the...2020-06-2910 min
#SITN Strength in the Numbers Show#268: Building a Winning Team For The Future with Dan Crumb“You have to have a good feel for the sport and by having a love and a real interest in the sport it helps you do your job better”
According to our guest mentor Dan Crumb, CFO of the Kansas City Chiefs, and to find out why tune into this week’s #sitn where we also deconstruct:
- The 4 parts of building a winning finance team and how to keep them competitive into the future
- The importance of creating a culture of continuous improvement and being more ready to adapt to deal with the rapid changes we’re facing nowadays...2020-06-2534 min#SITN Strength in the Numbers Show#267: Monday Memo: The Building Blocks of Tomorrow’s Successful Finance TeamsWhat’s your finance team’s business model?
How would you describe it to colleagues? How do you know it’s not outdated and designed to meet tomorrow’s needs & expectations?
Most of our audience are either part of a finance team or lead a finance team, but when I’ve asked them to explain their business model, that is, the rationale behind how their team creates, delivers and captures value, few can answer in a consistent and coherent fashion, even though they know finance & accounting inside-out.
And because everybody in the team does not have a common understanding of their basi...2020-06-2209 min
#SITN Strength in the Numbers Show#266: The Accidental Accountant & Bringing Fun to Finance with Lizi Hills“What we don’t do enough is communicate what we actually do and why we are important to the business.”
Great advice from our guest mentor Lizi Hills, Commercial FD at Burger King. We also deconstruct together on todays’ episode:
- The value of customer relations in the finance and why an accounting career is rewarding.
- Good reasons why the hospitality industry is a good fit for finance business partners.
- 3 steps to start building better customer relations.
- The Stereotypical Accountant and what people think about accountants.
- How accountants can better answer the “what do you do for a livi...2020-06-1829 min#SITN Strength in the Numbers Show#265: Monday Memo: Keep It Simple BUT Not Too SimpleWhat message is the sentence below trying to convey?
REVUP5%WITHNOPATINLINEAT10M.
How about if we add some spaces:
REV UP 5% WITH NOPAT IN LINE AT 10M.
Or even more useful in something resembling plain English:
Rev(enue) is up 5% (on something) with NOPAT (Net Operating Profit After Tax) in line (with something) at 10 m(illion).
In this Monday’s bite-sized episode I share that whilst it’s important to simplify what we do it’s just as important not to oversimplify, and I go through 4 things we can do to get the balance right.
#FinancialMentor
#SITN
#Simplify2020-06-1507 min
#SITN Strength in the Numbers Show#264: THE DEBATE: Getting Corporate Finance & FP&A Back to BasicsA couple of commentators were suggesting that FP&A and Corporate Finance were losing their way, so to find out why we invited them onto the show.
In this week’s episode we are joined on #sitn by two panelists, Lance Rubin and Rob Trippe, and together we discuss:
- Three steps we can take to get back to basics and not take particularly avoiding a family P&L
- Where FP&A need to hold the fort down to make things easier and more valuable.
- What Mediterranean sailors and EBITDA can teach us about common language in FP&A...2020-06-1136 min#SITN Strength in the Numbers Show#263: Monday Memo: Mediterranean Sailors, EBITDA and Effective CommunicationWhat Mediterranean sailors and EBITDA can teach us about common language in FP&A to communicate effectively?
It turns out a lot, actually! There were a couple of commentators were suggesting that FP&A and Corporate Finance were losing their way, so to find out why we invited them onto the show.
In this bite-sized episode I share why a common language is important.
#FinancialMentor
#SITN
#FPA2020-06-0805 min
#SITN Strength in the Numbers Show#262: Leaving the Right Financial Legacy with Jennifer Luzzatto“Maintaining connection with everyone is one of the most valuable things you can do,” according to our guest mentor Jennifer Luzzatto,
Who also helps us deconstruct for todays’ episode:
- Things to do best in this new normal
o maintain connections with others
o take charge of your finances
o get back quickly
- Support of people around during these difficult times
- Why people are averse asking for help
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/262.
#FinancialMentor
#SITN
#peaceo2020-06-0428 min#SITN Strength in the Numbers Show#261: Monday Memo: What Should I Do At Present To Stay Future Relevant?What should a finance & accounting professional do at present to stay future relevant?
This was a question I had this week from an #sitn show listener whose role was made redundant due to a downsizing exercise in their last organisation.
In this bite-sized episode I share some thoughts around a potential answer and steps our guest mentors have recommended on the show.
#FinancialMentor
#SITN
#Relevant2020-06-0110 min
#SITN Strength in the Numbers Show#260: Looking Around the Corner and Burning Platforms with John Barrett“Take your time to understand them, but be who you are,”
A key point made by guest mentor John Barrett who also helps deconstruct for us on today’s episode:
- The importance of having a fantastic finance team that always looking around the corner
- Finding the right burning platforms to drive change
- Experiences as an ex-pat in China
- Opportunities for businesses amidst the COVID pandemic
- Consistency vs. accuracy
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcas...2020-05-2834 min#SITN Strength in the Numbers Show#259: Monday Memo: Why Finance Teams Need to Get More Out of SyncDo you keep supermarket lists or batch your shopping for food only when you need it?
Most do! Most of us don’t immediately drive or run to the store each time we run out of a kitchen item. It’s inefficient use of our time. However many finance professionals will still succumb to the mental craving of answering those emails and IMs, or jumping on that last minute meeting rather than be out of sync?
In this bite-sized episode we go through the dangers of always being in sync and a number of ways finance professionals are managing this in a...2020-05-2509 min
#SITN Strength in the Numbers Show#258: On top of ROI with Indran Purushothaman“I want to build a team that is curious, for no one knows everything,”
Great advice from our guest mentor Indran Purushothaman, who helps us deconstruct for todays’ episode;
- A day as Finance Director at Urban Living Solutions in Cambodia
- Providing value in the organization in the midst of pandemic
- Functioning at the highest level of CFO even working remotely
- Navigating in this crisis together with the business by understanding it from end to end.
- The role of finance in the business recovery after the COVID pandemic and emerging of new business practices is something to loo...2020-05-2132 min#SITN Strength in the Numbers Show#257: Monday Memo: Overcoming Zoom FatigueHave you found it difficult to concentrate or even a bit lower on energy lately?
I only ask because with all the video calls and presentations lately, I and others have felt like we’ve been suffering from Zoom fatigue. So in this bite-sized episode I share how this is being caused by high cognitive load and continuous partial attention, as well as some practical steps we can take to do regain our energy and focus on those things that matter most.
#FinancialMentor
#SITN
#ZoomFatigue
https://en.wikipedia.org/wiki/Cognitive_load
https://en.wikipedia.org/wiki/Continuous_partial_attention2020-05-1809 min
#SITN Strength in the Numbers Show#256: Investing in Our Well-Being to Create a Better Version of Finance"It’s OK not to be OK.”
According to our guest mentor Javed Bobat, who helps us deconstruct on today's episode:
- Why the finance profession is getting a lot more attention, investment and challenges nowadays.
- Ideas for us to maintain mental wellness these challenging times:
- How to increase the leaders and team members acknowledge the need for mental wellness.
- Getting the best talent on-board that are ready for the future technology and the challenges employers will have in retaining them.
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to c...2020-05-1430 min#SITN Strength in the Numbers Show#255: Monday Memo: Answering What do You Do In Finance?How would you describe what you do?
When we meet new people it’s a common question. So what do you say? Does it differ depending on who’s asking? Or whether you’re at a finance conference, bbq or even a date?
#FinancialMentor
#SITN
#Image2020-05-1107 min
#SITN Strength in the Numbers Show#254: THE DEBATE: Keeping Businesses Open & Services Going During A CrisisWinston Churchill once inferred we should never waste a good crisis. The current Novo Coronavirus (Covid-19) pandemic is one we’re currently living through, there have been more regional crises before this and there’s also others down the road like climate change, oil wars, Brexit that will continue to present continuity challenges around keeping our businesses open and essential services running.
In this week’s episode we are joined on #sitn by three panelists, Howard Cosby, Louise Miller & Mike Attwood who have a combined experience of over 100 years in finance & business to help us debate how we can keep our bu...2020-05-0740 min#SITN Strength in the Numbers Show#253: Monday Memo: Become a Bundle of Twigs This WeekHave you heard of the expression “A single twig breaks, but the bundle of twigs is strong”?
Sure, but do you know what it means and how we can use it to our advantage in finance? In this bite-sized episode I share with you some thoughts prior guest mentors on the show that you can use to improve your resilience and impact in your finance career.
#FinancialMentor
#SITN
#Resilience2020-05-0405 min
#SITN Strength in the Numbers Show#252: Building relationships that get things done by Dhawal ParvatikarHow many others have you mentored in Finance? 1, 10, 50, or how about over 700 in the last year alone?
Well our guest mentor Dhawal Parvatikar has and he will help us deconstruct on today’s episode how to:
- Answer the common questions that young accountants have about their careers
- Develop oneself in the right way to begin to learn to understand the business
- Manage scope creep by:
o Leveraging (virtual) coffee breaks
o Having regular monitoring of timesheets
o Sending regular insights to management
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and wa...2020-04-3027 min#SITN Strength in the Numbers Show#251: Monday Memo: The Dangers of Closed Loop Thinking“When did you last make a mistake?”
If you can answer this question then good it suggests you’ve probably acknowledged a potentially dangerous closed-loop. In this week’s short bite-sized episode I share some examples of how to break out of a closed-loop.
#FinancialMentor
#SITN
#Closed-Loop2020-04-2709 min
#SITN Strength in the Numbers Show#250: Cutting through the crap with Graham Durgan“People could be brilliant but does not necessary means they can work together” as our guest mentor Graham Durgan, will help us deconstruct for todays’ episode where we also:
- Why as an entrepreneur an accounting qualification was a great a safety net
- Learnings from being an entrepreneur
- Things to consider in getting the right people in your team.
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/250.
#FinancialMentor
#SITN
#Entrepreneur
#staysafe2020-04-2331 min#SITN Strength in the Numbers Show#249: Monday Memo: A Map To Navigate Different Cultures in FinanceWith the growing acceptance that diversity is good for business and nature of the work of finance becoming increasingly more global sometimes it can be difficult to know where to start on how to best to get to know and build influence with colleagues from a new country or countries we are less familiar with.
In this bite-sized episode I share a useful tool and some thoughts on where you can start.
#FinancialMentor
#SITN
#Culture
#Diversity
Link to tool: https://www.hofstede-insights.com/country-comparison2020-04-2008 min
#SITN Strength in the Numbers Show#248: Embracing Uncertainty with a Serving of Lasagne and Spaghetti with Susanne Liepmann"Go to the balcony and look what is happening to you or at the business to gain another perspective”
as our guest mentor Susanne Liepmann, who also helps us deconstruct for todays’ episode:
• Adopting to different working environment at LBO and B2B company
• Some of the things you do to play that balancing act better by going to the balcony
• Removing anxiety in the business by;
o knowing the “why” in doing the right thing
o providing valuable information & show what this looks like
o building trust with business partners
If you enjoyed this episode, check out our time-stamped show notes, ke...2020-04-1639 min#SITN Strength in the Numbers Show#247: Monday Memo: Finance & CFOs Current Actions & Responses to Covid-19With many businesses recently closing their doors and essential services struggling to keep going, what kinds of actions are CFOs & finance teams taking within their organizations to deal with the COVID-19 pandemic?
I’ve been compiling a number of resources from conversations I’ve been having with CFOs and I share them with you on today’s bite-sized episode.
#FinancialMentor
#SITN
#Covid19
https://www.ted.com/talks/bill_gates_the_next_outbreak_we_re_not_ready?language=en#t-98862020-04-1308 min
#SITN Strength in the Numbers Show#246: THE WASHUP: Key Takeaways from Virtual Finance World Summit 2020Over the last two weeks there has been a Virtual Finance World Summit 2020 run by the Outperformer taking place to over 1000 finance leaders across the globe, whilst also facing into the challenges that come with keeping businesses open and essential services running during the Covid-19 pandemic. In this week’s episode we are joined on #sitn by two speakers from the summit and former guest mentors, Lance Rubin & Chris Argent to wash-up some of our key takeaways:
- The importance of the yin-yang in Finance.
- Using financial modelling as opposed to Data Analytics to get ahead of ahead of a...2020-04-0949 min#SITN Strength in the Numbers Show#245: Monday Memo: Nothing is eaten as hot as it is cookedIn times when things do not go your way what do you do?
In Finance one of our key assets is our access to decision-makers and broad visibility of what is going on across most of our organisations and industries, but sometimes we can spend so much time analysing data that we can slow down decision makings too much. So on the odd occasion when our advice does not get taken on board leading to the wrong decision what do you do?
I came across a wonderful saying from a German colleague recently that is perfect for such situations and...2020-04-0607 min
#SITN Strength in the Numbers Show#244: Empowering Finance Employees to Deliver Excellent Customer Service by Jennifer Sturch"If you want your customer experience to be top you need your employee experience to be top as well,”
as our guest mentor Jennifer Sturch who also helps us deconstruct on todays’ episode:
- Aha moment at McDonald’s on people first and service focus
- Best bit of advice Jennifer ever received on personal growth
- Learning and improvements made in response to the recent COVID19 incidents
- A finance perspective on the effect of employee first approach
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor...2020-04-0224 min#SITN Strength in the Numbers Show#243: Monday Memo: The Right Identity For Finance ProfessionalsHow did you rate yourself?
If I asked you to imagine yourself on a tropical deserted island. The sky is clear. The wind is calm. The sea is smooth. You will be on this island for only a few minutes, don’t worry. Imagine now that you arrived on this island without any roles. Roles such as husband, wife, CEO, accountant, sales manager, engineer, golfer, fisherman, and so on, do not exist on this island.
Now, using the scale that follows, rate yourself without any roles. Zero is the lowest end of the scale, and 10 is the highest end. Where do...2020-03-3010 min
#SITN Strength in the Numbers Show#242: Finding Comfort in the Uncomfortable with Gaileon Thompson"Be comfortable by being uncomfortable”
This is what our guest mentor Gaileon Thompson believes is required of the modern finance professional. We also deconstruct on today’s episode:
- How to respond to failure;
- How to be successful and prepare for roles outside of finance
- Walking in the trenches with business partners, how to build skills around;
- Leveraging the wider Finance community as a safe space to ask questions to learn and grow
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at s...2020-03-2638 min#SITN Strength in the Numbers Show#241: Monday Memo: How to Regain Control During Covid-19If you’re feeling a little on edge, uneasy or out of sync lately, that’s completely okay, we’re living through a pandemic and there’s a lot for us to process?
Most human beings crave certainty and I’d suggest one group accountants and finance professionals crave certainty much more than other groups, we pride ourselves on fundamental principles like accuracy and consistency. So living and working through a pandemic can be very unsettling for us.
Thing is you’re not alone there are a lot of us out there in finance feeling like this, so in this bite-sized e...2020-03-2309 min
#SITN Strength in the Numbers Show#240: The importance of having Hedgehogs and Optionality in Finance“If you build optionality you will be better off in the future even if you don't know what jobs might even exist in five years."
suggests our guest mentor Riccardo Calliano, who also deconstructs with us on today’s episode:
- How learnings whilst being an FD in Mexico City during the swine flu epidemic can help our organisations and communities during the Covid-19 pandemic.
- How we can carve out time to learn and develop new capabilities and addresses the myth of learning and how he learned Python
- The importance of building optionality, the hedgehog concept and how it c...2020-03-1938 min#SITN Strength in the Numbers Show#239: Monday Memo: How To Make A Difference In Finance Part 3/3What would you have advised?
I had a young finance graduate who was halfway into his finance development program at a well-known multinational ask me during the week how could he make a difference in Finance?
This is not an uncommon question. I admired his courage for asking for advice at much younger age than I did and knowing that making a difference is important to the organisation and career. On the other hand how did he get this far, after graduating, passing interviews and progressing through the development program without knowing where to look how to make this difference...2020-03-1609 min#SITN Strength in the Numbers Show#237: Monday Memo: How To Make A Difference In Finance Part 2/3What would you have advised?
I had a young finance graduate who was halfway into his finance development program at a well-known multinational ask me during the week how could he make a difference in Finance?
This is not an uncommon question. I admired his courage for asking for advice at much younger age than I did and knowing that making a difference is important to the organisation and career. On the other hand how did he get this far, after graduating, passing interviews and progressing through the development program without knowing
where to look how to make this difference...2020-03-0910 min
#SITN Strength in the Numbers Show#236: From Railways to Retail, Treasury & Your Digital Twin with Tanya Kuznetsova"When the business grows so fast it’s not enough to catch up with it but you have to move ahead of the curve,”
according to today’s guest mentor Tanya Kuznetsova, who also helps us deconstruct:
- Things to look for to stay ahead of the business growth especially for the retail industry
- The idea of having a digital twin to assist in our finance transformation; and
- How to improve your success doing internationally assignments by:
o Leveraging connections with various financial associations,
o Networking with other professionals in other areas, and
o Attending conferences
- The bigges...2020-03-0540 min#SITN Strength in the Numbers Show#235: Monday Memo: How To Make A Difference In Finance Part 1/3What would you have advised?
I had a young finance graduate who was halfway into his finance development program at a well-known multinational ask me during the week how could he make a difference in Finance?
This is not an uncommon question. I admired his courage for asking for advice at much younger age than I did and knowing that making a difference is important to the organisation and career. On the other hand how did he get this far, after graduating, passing interviews and progressing through the development program without knowing where to look how to make this difference...2020-03-0209 min
#SITN Strength in the Numbers Show#234: A Case Study on Transforming Controllers into Better Business Partners with Mohamed El Rouby"Be humble, don’t act like a controller or the police inside the organization”
As our guest mentor Mohamed ELRouby, will help us deconstruct for today's’ episode where we also:
- Being new to the company and spotting problems by;
- Setting the right direction for finance from a controlling department to business partnering
- Need quick win solutions? Understand the business first.
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/234.
#FinancialMentor
#SITN
#BusinessPartnering2020-02-2740 min#SITN Strength in the Numbers Show#233: Monday Memo: The courage not to knowHas being a knower and always being right meant that Finance leaders have actually been guilty of holding themselves back ?
I came across a fantastic article form Brené Brown in which she discusses that it’s not fear that gets in the way of daring leadership that’s required to remain relevant and do the right things, it’s the armour that’s caused from always being the knower or always being right.
In this bite-sized episode I outline three strategies that to transform always knowing into always learning.
#FinancialMentor
#SITN
#Courage2020-02-2406 min
#SITN Strength in the Numbers Show#232: Taking care of business by taking care of your people with Erica Ingham"What I like to do is allocate work to people based on their skillset. So I like to find out what they’re good at and what they’re passionate about,” because as our guest mentor Erica Ingham, you’ll tend to get a much better quality of work. Erica also helps us deconstruct on todays’ episode:
- The People skills that Finance and Accounting professionals must learn as they progress in their career
- Some approaches to improve diversity in teams:
- Go into what neurodiversity means and its value to orgs
- The importance of allocating work to people bas...2020-02-2028 min#SITN Strength in the Numbers Show#231: Monday Memo: 3 Key Takeaways From CFO & Future Of Finance SummitWhat were the key topics discussed at the recent CFO and Future Of Finance summit in London?
I’m just back from London where I had the opportunity to meet and speak with senior finance leaders from across the world to understand what’s top of their minds and how they’re remaining relevant.
In this bite-sized episode I outline three key takeaways from what they were saying.
#FinancialMentor
#SITN
#Leadership2020-02-1508 min#SITN Strength in the Numbers Show#229: Monday Memo: How to approach your first 90 days in a finance leadership roleSome of us in Accounting & Finance get to become leaders, great! Well done! But what next? I mean what should be we doing to build influence and how soon do I need to be making an impact?
When I became a leader for the first time I didn’t have a plan, much of a clue about what did that mean, after all it’s not something that was discussed or covered when I trained to be an accountant.
In this bite-sized episode I outline some key areas to focus on in the first 90 days after assuming a leadership role.
#Fina...2020-02-1007 min
#SITN Strength in the Numbers Show#228: The Age of the Accountant with Andi Lonnen"Everyone is in the state of flux and confusion, so we are the ones that will guide them in forecasting and scenario planning by being calm and confident professional,”
just one of the many reasons why our guest mentor Andi Lonnen believes we’re now in the Age of the Accountant. We also deconstruct on today’s episode:
- Why now is the Age of the Accountant
- Her 9Cs framework to help figure out what is required to be a modern Finance Professional
- Why it’s important to enjoy the journey
If you enjoyed this episode, check out our time...2020-02-0625 min
#SITN Strength in the Numbers Show#227: Monday Memo: The important difference between knowledge and wisdom for finance professionalsI made a huge mistake when I set out to become an accountant & finance professional, it limited my impact, made me frustrated and made me question if it was the right career for me.
I had confused the difference between knowledge and wisdom.
In this bite-sized episode I outline this difference and some of the actions you can take so both have a bigger impact on your career.
#FinancialMentor
#SITN
#Mentors2020-02-0308 min
#SITN Strength in the Numbers Show#226: 9 Habits to Bring Out the Best in Finance professionals with Katharine Halpin"We can only be successful as our team can be successful” as suggested by our guest mentor Katharine Halpin, and together on todays’ episode we also deconstruct:
• Staying passionate to the finance and accounting profession by having personal core values.
• For those aspiring for the CFO position, then start with the basics and harness those skills.
• 9 habits to become more strategic and successful in your finance & accounting career
• Investing time in building relationship as simple as sending greeting cards.
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and m...2020-01-3040 min
#SITN Strength in the Numbers Show#225: Monday Memo: Managing Your Digital Presence For Finance ProfessionalsWhat are some ways finance professionals can manage their digital presence?
During the week I did an interview for a well-known accounting & finance magazine where I was asked some questions about how I managed by digital presence.
In this bite-sized episode I outline some of the actions I take on a regular basis.
#FinancialMentor
#SITN
#ValueCreation
#Digital Presence2020-01-2712 min
#SITN Strength in the Numbers Show#224: Why Now Is The Tipping Point For Beyond Budgeting with Rikard Olsson"In changing the culture of organization have a revolutionary mindset but take evolutionary approach"
A key point from our guest mentor Rikard Olsson and on today's episode we deconstruct:
- The reason why he took Management Accounting over Auditing;
- Development in Finance and Accounting roles the last 15 years;
- 3 things you must know before you engage in rolling forecast; and
- Why now is the tipping point for Beyond Budgeting practices
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/224.
...2020-01-2342 min
#SITN Strength in the Numbers Show#223: Monday Memo: Why Finance needs to be a better partner to HR professionals?Why is it important for Finance to be a better partner to the HR Department and HR professionals?
Finance and HR departments are often considered to be back office functions supporting others like Sales & Operations who are out there on the front lines delivering for customers. Just look at the value chain diagram if you don’t believe me. Intuitively then both HR and Finance are there with a common purpose, to support the business, but are we really doing our best to support each other achieve the best results?
In this bite-sized episode I outline some suggested ideas on wh...2020-01-2008 min
#SITN Strength in the Numbers Show#222: Present Sense and Dynamic Resource Allocation with Steve Morlidge"One of the problems with traditional budgeting is that that we lock down our budgets once a year, so it’s a bit like tying the rudder of a boat to the deck, it removes your ability to steer.”
And on today’s episode our guest mentor Steve Morlidge goes on to help us deconstruct how we can do this better by examining:
- The meaning of dynamic resource allocation and its importance
- Using graphical presentation instead of data tables figure to deliver the message
- How the finance professional must have the idea on the concept of noise and th...2020-01-1628 min
#SITN Strength in the Numbers Show#221: Monday Memo: How Finance can be a better partner to IT professionals?How Finance can be a better partner to the IT Department and IT professionals?
Finance and IT departments are often considered to be back office functions supporting others like Sales & Operations who are out there on the front lines delivering for customers. Just look at the value chain diagram if you don’t believe me. Intuitively then both IT and Finance are there with a common purpose, to support the business, but are we really doing our best to support each other achieve the best results?
In this bite-sized episode I outline some suggested ideas on how we can support ea...2020-01-1310 min
#SITN Strength in the Numbers Show#220: Better Forecasting & Present Sense with Steve Morlidge (Part 1)"The finance professional can influence the way people in the organization think without actually telling them to change the way they think” and on today’s episode our guest mentor Steve Morlidge goes on to help us deconstruct how we can do this better by examining:
- The pitfalls of traditional budgeting practices and how we can develop a better toolkit
- Forecasting with zero bias to make better decisions in steering the business; and
- Practical steps to filter data and make sense to it by providing a clearer picture to the business.
If you enjoyed this episode, check out...2020-01-0936 min
#SITN Strength in the Numbers Show#219: Monday Memo: What’s the Best Certification Training for Finance & Accounting Professionals?What’s the best qualification, certification or training for finance & accounting professionals?
I recently just paid my chartered accounting certification for another year, but how relevant is it today? Only last week I was advising a team leader to pursue an MBA in Finance as opposed to an accounting qualification. Was this the right thing to do?
In this bite-sized episode I outline some thoughts behind why I recommended this course of action.
#FinancialMentor
#SITN
#ValueCreation
#AccountingAndAccountants
#Training2020-01-0607 min
#SITN Strength in the Numbers Show#218: The 12 Kern Rules of Accounting & Finance Christmas Part 2Have you ever heard of the 12 Kern rules of Christmas for Accounting & Finance?
Well listen in to find out and see which one resonates most with you as today’s guest mentor & I deconstruct in detail the meaning behind them in this Part 2 as we cover some key points such as:
- Why Problems do not work 9-5 Monday to Friday.
- On how using the Pre-mortem strategy by will help you deliver more value to the business.
- Do not show people how smart you are but show them how helpful you are for you to be understood and he...2020-01-0230 min
#SITN Strength in the Numbers Show#217: Monday Memo: The Top 5 Books To Read for the Year AheadWhat book would you recommend finance professionals read in the year ahead?
We’ve had another year of great year of book recommendations from the guest mentors we’ve had on #SITN. So where does an aspiring finance professionals begin their search for knowledge for the year ahead?
In this bite-sized episode I outline the 5 books I consider the most useful for the year ahead.
#FinancialMentor
#SITN
#ValueCreation
#AccountingAndAccountants2019-12-3011 min
#SITN Strength in the Numbers Show#216: The 12 Kern Rules of Accounting & Finance Christmas Part 1Have you ever heard of the 12 Kern rules of Christmas for Accounting & Finance?
Well listen in to find out and see which one resonates most with you as today’s guest mentor & I deconstruct in detail the meaning behind them in this Part 1 as we cover some key points such as:
Key Points From the Episode:
- Changes to Finance and Accounting priorities overtime
- Maximize the positive and minimize the negative
- Determining what’s essential to your company and align those to move finance and accounting forward
- Do not look too far because you cannot see what’s clos...2019-12-2629 min
#SITN Strength in the Numbers Show#215: Monday Memo: How native English speakers can stop confusing everyone elseHave you ever been in a meeting or at a presentation with non-native English speakers and heard something that did not make any sense to those in the room?
Most people consider English to be the universal language of business, however as modern communications technologies connect more and more native and non-native English speakers together in meetings, webinars, forums, etc…, some messages as getting lost between those taking part, even though they’re meant to be using the same language English. And usually it’s the native English speakers who are causing the most confusion.
In this bite-sized episode I summar...2019-12-1608 min
#SITN Strength in the Numbers Show#214: Creating an Environment for Finance HEROs to Thrive with Eleanor Hampson"There will always be pressure for change. We have to accept it and live with it”
and today’s guest mentor Eleanor Hampson shows us ways we can deal with this by helping us deconstruct on today’s episode:
- Working at the British Council as a hybrid type of organization
- Creating a more balanced transformation program in the organization
- Benefits of using HERO (Hope, Efficacy, Resilience and Optimism) program at the workplace through:
o Increase employee awareness through trainings
o Strength finder modules
o Set-up mentoring groups especially the management teams being role models
o Doing check-in progra...2019-12-1234 min
#SITN Strength in the Numbers Show#213: Monday Memo: How Important Is Marketing For the Finance ProfessionalDo you think the modern day finance professional needs to be concerned with Marketing?
By Marketing I mean, or themselves, some might call it a personal brand? Others might call it an ability to influence or make a valued impact.
In this bite sized episode I summarise some ideas on why an awareness of the importance of Marketing is essentially and some things you can do about it.
#sitn
#finance
#marketing
#modernfinance2019-12-0910 min
#SITN Strength in the Numbers Show#212: Implementing an Analytics Culture for Data Driven Decisions with Jesper Hybholt Sorensen“For us to grow faster, we need to do something different” a challenge presented to us by our guest mentor Jesper Hybholt Sorensen, and on today's episode we also deconstruct together:
- 3 things to move from being scorekeeper to strategic partner;
- The difference between insight and foresight and their value to the business; and
- The 4 Pillars Approach based on the book Implementing an Analytics Culture for Data Driven Decisions.
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/212.
#FinancialMentor
#SITN...2019-12-0531 min
#SITN Strength in the Numbers Show#211: Monday Memo: Giving Yourself An Energy Boost When Running On EmptyHow do you give yourself an energy boost when you need it?
Finance & Accounting can sometimes be like different seasons, whether having to submit returns in practice or in the corporate world with the budgetary cycles or quarterly sales hockey sticks. So are our energy can easily get sapped so what are some natural ways of boosting it when we need to.
In this bite sized episode I summarise three that I use to help boost my energy levels when they are low.
#sitn
#finance
#energy
#modernfinance2019-12-0207 min
#SITN Strength in the Numbers Show#210: An Outcomes-Based Approach to Stay Relevant in Finance & Accounting with Andrew Parris“Staying relevant in the future of finance and accounting by moving further up the value chain.”
This will be the future the profession according to our guest mentor Andrew Parris, who also helps us deconstruct on today's episode how to:
- Deliver outcomes on time and focusing on being business partner to the business.
- Doing external and internal benchmarking will help the organization be effective and efficient.
- How to stay relevant in the future of Finance and Accounting;
- being curious and to prepare to inquire, discuss and challenge
- do 3-3’s whenever you go out- meet 3 new pe...2019-11-2833 min
#SITN Strength in the Numbers Show#209: Monday Memo: Do You Know The Difference Between Insight and ForesightDo You Know the Important Difference Between Insight and Foresight?
I read a book this week called Implementing an Analytics Culture for Data Driven Decisions where it was the first time I saw the difference between insight and foresight spelled out.
I shall get one of the authors on a future podcast however in this bite sized episode I summarise what this difference is and how it might help you.
#sitn
#finance
#foresight
#modernfinance2019-11-2505 min
#SITN Strength in the Numbers Show#208: How Pracademics and Accounting Innovations Can Help Brew Better Results with Martin Quinn“If you want the things to stay the way they are then they have to change.”
True to his experience in the business world and academia our guest mentor Martin Quinn, will help us deconstruct for todays’ episode where we also;
- Having practical knowledge from business was helpful to students.
- Some of the innovations driven by the accounting team uncovered in the Guinness archives, which has always made a profit since it first listed.
- How to build respect and trust among colleagues at work;
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resour...2019-11-2137 min
#SITN Strength in the Numbers Show#207: Monday Memo: Getting Promotions in Finance using the Canvas StrategyEver wondered what’s the best way to get that promotion without getting frustrated?
During a recent mentoring conversation, where a more junior finance person was frustrated with their lack of progress in getting promoted, I shared with them what is known as the Canvas Strategy.
So in this bite sized episode I summarise what this strategy has entailed, how it has helped me, and how it might help you.
#sitn
#finance
#getthatpromotion
#modernfinance2019-11-1806 min
#SITN Strength in the Numbers Show#206: A Hybrid Approach to Bridging the Gap with Paul Thambar“You need to understand both sides of the table, that’s the challenge I think”
according to our guest mentor Paul Thambar which is a key challenge for both practitioners and academics alike when it comes to navigating and learning the best path forwards during these times of unprecedent change. Some other areas we also deconstruct on todays’ episode, are:
Key Points From the Episode:
- The Unique experiences gained from crossing over to the ‘darkside’ of adademia.
- Closing the gap between academia and business.
- Taking a more qualitative approach to performance measurement.
If you enjoyed this episode, check out ou...2019-11-1446 min
#SITN Strength in the Numbers Show#205: Monday Memo: Overcoming The 6 Primary Sources Of Stress At WorkWhat stresses you out at work, and does it fit into one of the following categories?
I went back to the classroom during the week to complete some mental health in the workplace training and one of the things we learned was the six primary sources of stress at work, an area we’ve a lot of practical experience in Finance whether it be a supplier demanding payment, making sure staff get their wages on time, making month end close deadlines or handling the politics of the annual budget cycle.
So in this bite sized episode I summarise the six ar...2019-11-1106 min
#SITN Strength in the Numbers Show#204: More Effective Decision-Making from a Better Appreciation of Cost with Gary Cokins“People like the status quo, only babies like to change”
Staying in our comfort zone is a big threat to our profession so our guest mentor Gary Cokins, deconstruct how we can help our drive better change outcomes and also discuss:
- A simple formula to overcome resistance to change
- Tackle misconceptions about costing (and the difference to expenses)
- How finance professionals can stay relevant;
- Mounting threats to accounting profession
If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podc...2019-11-0737 min
#SITN Strength in the Numbers Show#203: Monday Memo: Getting Buy-In For Your IdeaHow do you get others to successfully buy into your ideas?
There are two types of finance professional, there are those who are great at identifying what needs to happen and how to make it happen, but struggle to have anyone on adopt it. And there are those who seem to effortlessly be able to get buy-in for their ideas.
So in this bite sized episode I summarise three essential ingredients a good friend of the show, Khaled Chowdhury & I discussed together recently on his BeastBI webinar that might help you with getting better buy-in for your ideas.
#sitn
#finance
...2019-11-0406 min
#SITN Strength in the Numbers Show#202: Playing to Win with Digital transformation & Investment in People“Instead of Finance and Accounting being a cost centre what if it could be a profit centre?"
Our guest mentor Claus Thorne Madsen, will help us deconstruct such a question on today's episode where we also go into:
o A story from his time at Lego where Finance & Accounting transformed from non-existent to being a key player in the business.
o How finance teams can save 30%-40% by doing digital right particularly with the people element.
o Key pointers from PWC’s annual benchmark study
o Why companies haven’t still quite cracked the code on business partnering.
If you enjoye...2019-10-3130 min
#SITN Strength in the Numbers Show#201: Monday Memo: Key Takeaways from Finance 4.0 SummitIs Finance 4.0 a load of hype or is it impacting you?
Nowadays we’re continually being bombarded by messages of digital this and transformation that, but what is really going on in Finance teams?
So in this bite sized episode I summarise some of the key takeaways from a recent Finance 4.0 summit in Amsterdam to share a sense of what is really going on.
#sitn
#finance
#modernfinance
#Finance4.02019-10-2804 min
#SITN Strength in the Numbers Show#187: Monday Memo: Introducing the #SITN Finance Influencer 4-BoxWhat Finance Influencer’s Should You be Following? Are they in this 4-Box?
In case you’d missed it there’s a lot happening nowadays in Finance & Accounting, whether it be with the digitisation of our profession through the advancement of cognitive computing technologies; working in increasingly competitive & disruptive marketplaces and the gradual emergence of the ‘socially intelligent’ finance professional.
At #SITN, since we started 2 years ago and grown to 150 countries we’ve aimed to answer many of the key questions our finance & accounting audience have had about to remain relevant, become more influential, and best solve meaningful problems in their organi...2019-09-0905 min#SITN Strength In The Numbers#187: Monday Memo: Introducing the #SITN Finance Influencer 4-BoxWhat Finance Influencer’s Should You be Following…2019-09-0905 min
#SITN Strength in the Numbers Show#159: Monday Memo: Introducing Wei Chien YoongHow do you scale the impact of your passion?
Hopefully your answer revolves around getting a little help from your friends, and on this episode we get to briefly meet Wei Chien Yoong who is joining our #SITN team and shall be bringing you guest mentor interviews and podcasts.
https://youtu.be/jAEXoE37YFA
#FinancialMentor
#SITN
#ValueCreation
#Finance
#modernfinance2019-06-0306 min
#SITN Strength in the Numbers Show#126: Making an Impact in Finance with Lean Six Sigma Process Improvements with Ben WannAre you using Lean Six Sigma to Improve Your Finance & Accounting processes?
Given Finance have a long history in compliance, access to data, decision-makers, affinity for numbers, metrics, and generally great visibility across their organisations Finance are very well positioned to benefit from using Lean Six Sigma (LSS) but how many of us are indeed leveraging LSS tools & methods to become more influential and make a meaningful impact.
On this week’s episode of #SITN Mitan Patel & Ben Wann walk through what the mentality of six sigma & continuous improvement looks like, as well as covering, the importance of getting complete bu...2019-02-0733 min
#SITN Strength in the Numbers Show#119: Monday Memo: 5 Lessons That I Learned After A Year Of PodcastingWhat key lessons did you learn in the last year?
In December 2017 I took a journey into the unknown as I’d launched the #SITN Strength in the Numbers Podcast to create more influential finance professionals who solve meaningful problems for their organisations and to have more fun & rewarding careers. A year later, having reached 115 episodes and 15k downloads/views a month, I have learned a number of key lessons a long the way both about our finance profession and me personally.
In this bite-sized episode I share 5 of them.
https://youtu.be/qREQvYwoiGM
#FinancialMentor
#SITN
#ValueCreation
#Finance
#AccountingAndAccountants2019-01-1411 min#SITN Strength In The Numbers#003 SITN and my storyA bit behind how Strength in the Numbers relates …2017-12-0206 min