Strength In The Numbers Show

“They are the architects of your organization” An interesting take from Francesca Valli on the role of the CFO and Finance & Accounting organization with regards the rapid evolution of technology who also shares with: - How Artificial intelligence is really cognitive intelligence automation when applied to finance & accounting teams - Three things finance can do to become the architects of our organizations - Why Technology is more an evolution than revolution and how we can benefit from the current technology trends in accounting & finance. Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #sitn

It’s so simple a kid can understand it! This is what came up in a conversation off air during a podcast interview we had recently. In this bite-sized episode we share with you this bit of advice and how it can help you as you set yourself up to do more of the right things more often in Finance. #FinanceMentor #SITN #GettingYourHouseInOrder

“That's what we as accountants do, we put structures to things.” Great advice from this week's guest mentor Ifeoma Okonkwo who shares with: - An introduction to where finance & accounting teams can drive value in their organizations. - The importance of having good foundations and what these might look like - Her Eureka moment and current work in the music industry with artists. - How to consider monetizing intangible assets, creative works and valuing intellectual property. - Why Ifeoma recommends that finance professionals collaborate more with each other. Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #sitn

Why do cars have brake pedals? And the answer is not always necessarily for the functional reason of bringing the car to a complete emergency stop. It’s more psychological, it’s to allow the driver to go faster in the knowledge that if there’s a risk on the road ahead, that it is possible for them to take evasive action or slow down to better assess it. for it to come to a stop. In this bite-sized episode we share with you 4 reasons why cyber risk management can be seen as that brake pedal to help businesses slow down to go faster towards driving business value. #FinanceMentor #SITN

“Cyber is a material risk that must be treated appropriately, but there's a second responsibility that I really want to point out, which is you have to make sure that the cybersecurity budget is creating as much business value as possible.” Great advice from this week's guest mentor Kip Boyle who shares with us the importance of: - Why Cyber should be now treated as a material risk to the going concern of an organization. - The important role Finance leaders can play in cyber risk management as well as the potential pitfalls to be aware of. - Emerging trends in cyber risk management. - And we go through a 4-dimensional model to help frame and prioritize resource allocation decisions involving cyber risk management. Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #riskmanagement #sitn

“We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” Roy Amara futurist. We’ve lately had some guest mentors talking about the applications of AI in #finance and #accounting during their interviews so in this bite-sized episode we share with you 3 key decisions and 3 key catalysts to maximize the return on our AI Initiatives. #FinanceMentor #SITN

“I think leadership is all about values, the kind of values that resonate with you as an individual.” Great advice from this week's guest mentor Sangeeta Sumesh who shares with us the importance of: - Transitioning from an executive CFO role towards an entrepreneurial path - Deconstructing Leadership and values in a memorable way - What possessed her to write a thriller book as well as other finance books - Managing yourself, the most important thing we need to be doing as a modern finance professional Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #financecareer #sitn

“Alone we can go fast, together we can go far,” African proverb. This how I ended the talk I was giving to an audience of Finance & Accounting professionals earlier this week and it helped answer a question from the audience about ways in which we could add value in our own teams. In this bite-sized episode we share with you the SAS approach to where and how Finance teams can add value. #FinanceMentor #SITN

“So from a forecasting perspective, it's not about getting the right forecast, but it's understanding what the boundaries might be of the possible outcomes that you face.” Great advice from this week's guest mentor Gordon Stuart who shares with us the importance of: - the purpose of forecasting really is and how Gordon draws from his early consulting experiences with McKinsey has informed how he approaches his Finance work - We examine artificial intelligence (AI) and why businesses are slow in adopting technologies like this but also where it can be readily deployed in Finance - The real objective of communication and where finance professionals can improve the effectiveness of their communications with decision makers - The importance of collecting experiences like badges Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #financecareer

“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

“Crowdfunding is not just a funding exercise. It's also a marketing exercise.” Great advice from this week's guest mentor Nicole Denholder who shares with us the importance of: - Women and Entrepreneurship, some baby steps to take to improve the chances of success & where Finance professionals can particularly help - How to adjust our lenses to try and help balance the diversity in investment and business - Challenges and Opportunities for women entrepreneurs & finance professionals - What is FemTech and the current innovations emerging from it. Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #financecareer

“Catch someone doing something right,” Ken Blanchard. Organizations benefit from team members being more kind to each other. In workplaces where acts of kindness become the norm, the spillover effects can multiply fast. When people receive an act of kindness, they pay it back and not just to the same person, but often to someone entirely new according to an article in the HBR. This leads to a culture of generosity in an organization. In this bite-sized episode we share with you how finance professionals can encourage more opportunities to give compliments to improve the impact and influence they make at work. #FinanceMentor #SITN

“We can work on our weaknesses, but embrace your strengths, find and get the right people around who can make up for your shortfall or your weaknesses. That's the key thing.” Great advice from this week's guest mentor Philip Quinn who shares with us the importance of: - Finance and business in sports - Balancing your job and your passion - What was it like being acting-CEO during a key period - Managing working from home Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #financecareer

“Only that which is invisible is essential.” Some of you might recognise that from what the fox says to the little prince in the book of the same name, but the most valuable things to finance professionals cannot be seen with the naked eye, nor are they ledger balances and numbers on financial statements. In this bite-sized episode I share with you a useful tool to make some of the valuable and usually intangible things more visible so you can find more value in your career and non-career activities. #FinanceMentor #SITN

“The point I'm making [is] where it says the purpose of business should not be to increase profits only. It should be to find profitable solution to the problems of this planet and its people.” Great advice from this week's guest mentor Bertrand Badré who shares with us the importance of: - How a key lunch meeting as an investment banker led into some amazing opportunities - Why we’re at the start of a new revolution changing the world through finance - Why finance is a good servant, but poor master - The main new global challenges to us today & why we have all the pieces to the jigsaw now to do something about them - Why we need trailblazers and pioneers. - Accepting the risks of making mistakes and moving to action Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #financecareer

How Virtual will the Finance Team of the Future Be? The COVID-19 pandemic has dramatically changed the lives and behaviour of people across the globe. We have had to adapt to different ways of shopping, learning, socializing, working, celebrating, doing business, and much more. In this bite-sized episode I deconstruct a research report sent to me by Zoom to assess how Virtual will the Finance Team of the Future Be. #FinanceMentor #SITN Link to report: https://explore.zoom.us/docs/en-us/future-of-video-conferencing.html

In Finance & Accounting what's working, what's up and coming, and where can we drive towards a better future for all of us where we're doing more of the right things more often? On today’s podcast we share a recording of our livestream from #GenCFOBootcamp with some special guests who: - Give us a quick recap on the key insights from the bootcamp - The importance of taking imperfect action in this increasingly digital world - A strategy for navigating all the demands and skills required of a “modern accountant” - Some practical tips on how to get the most out of training & workshops so you get the benefits sooner and for longer #FinanceMentor #SITN

What has completing a jigsaw puzzle got to do with having a meaningful finance career? I’m always on the lookout for a good analogy to share, so in this bite-sized episode I share our careers are a bit like putting together a jigsaw puzzle without the full picture on the box and how we can quickly get around this to get the most out of your career and non-career activities. #FinanceMentor #SITN

“Asking open questions is really important. We quite often hide the answer in the question. So we're leading somebody with our questions. So really asking why and what and who, and how, all of those things … They get the individual thinking about the answer in more detail.” Great advice from this week's guest mentor Louise Miller who shares with us the importance of: - Both on the job experience and certifications in our finance careers - Having an opinion when analysing data - Taking a forward-looking perspective - Digitalization and investments Check out sitnshow.com/ for detailed time stamped show notes, transcripts, links to resources and more guest mentor episodes and Monday Memos. #financementor #financecareer

What 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