Strength In The Numbers Show

“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, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/208. #FinancialMentor #SITN #ValueCreation #modernfinance

Ever 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 #modernfinance

“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 our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/206. #FinancialMentor #SITN #ValueCreation #digitaltransformation #modernfinance

What 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 areas of stress and some ideas on how you might be able to help yourself and colleagues through such stressors. #sitn #finance #stress #modernfinance

“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/podcast/204. #FinancialMentor #SITN #ValueCreation #digitaltransformation #modernfinance

How 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 #modernfinance

“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 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/202. #FinancialMentor #SITN #ValueCreation #digitaltransformation #modernfinance

Is 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 #Finance4.0

“Did we hit or miss or target? Our business plans sometimes become useless as competition created disruption making our target figures irrelevant. We should be measured by the new situation instead." Our guest mentor Anders Liu-Lindberg, will help us deconstruct for todays’ episode where we also; Key Points From the Episode: - Insights from book Strategy Beyond the Hockey Stick - FP&A Professional- change agent in the current business planning process - Tips for FP&A Professional in selecting best transformation strategy. 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/200. #FinancialMentor #SITN #ValueCreation #Finance #modernfinance

What are the two dimensions finance professionals need to be aware of when it comes to executing a successful strategy? As we’re continually being asked to move beyond our technical training and become more strategic. So in this bite sized episode Wei Chien shares a couple of dimensions that we can be more aware of when it comes to successfully executing strategy as well as how in Finance we’re well positioned to help. #sitn #finance #modernfinance #strategy

“Don’t feel isolated, don’t stay isolated, you don’t know what you don’t know so you need to learn with others you need to find someone who knows better than you know … and raise your hand, when there’s something wrong don’t stay in your box.” Just one of the many great bits of advice from guest mentor Jean-Philippe Gauvrit on today’s episode where we also go on to deconstruct: • The opportunities and challenges of working in a new region & culture. • How Jean-Philippe got into mentoring & change management. • The value of partnering with people with different logic, cultural ways, and reactions when facing challenges. 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/198. #FinancialMentor #SITN #ValueCreation #Finance #modernfinance

When you go to eat in a restaurant, what’s more important, the food you eat of the environment you eat it in? As Finance professionals because of our classical training we tend to focus a lot on the economic or numerical shareholder value that a product contributes, however there is another value, psychological value, commonly referred to perspective which can be more important depending on the decision being faced. In this bite sized episode I share how we can deal with perspective in Finance so that we make better decisions and impact within our organisations. #sitn #finance #modernfinance #perspective #praxeology

“Treat others the way they want to be treated”. Is one of the many fantastic pieces of advice from today’s guest mentor John Sanchez on today’s show where we also deconstruct; - How to better develop and learn the skill of communication - Being an adaptable or authentic speaker and finding balance to both that suits your listeners needs - The value of storytelling in the business and the importance of the hero’s journey & emotion in Finance. 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/196. #FinancialMentor #SITN #ValueCreation #Finance #modernfinance

World Champions must be doing something right, so what can we learn from them? The World Champions I’m referring to are the New Zealand All Blacks, who have a win rate of 86%, the highest of any professional sporting team in recent memory. So what can we learn from them in Finance? In this bite sized episode I share 3 things that are part of the All Blacks culture and mindset that we can bring into our Finance teams to become more influential and deliver a great impact in what we do. #sitn #finance #modernfinance #AllBlacks

“What you want to do is get into the mindset of the person you’re talking with, what is it that they value, what are the problems that they face, what are the issues that they need resolving in their world.” Just one of the many great bits of advice from guest mentor David B Horne on today’s episode where we also go on to deconstruct: • How to overcome inertia as a professional and a leader & why you have to get to know your customers and the importance of asking them what they want. • How to get ready to prepare and deal with the demanding intensity of private equity, corporate finance and investment banking • We deconstruct David’s FACE methodology: Fund, Acquire, Consolidate, Exit. 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/194. #FinancialMentor #SITN #ValueCreation #Finance #addthenmultiply

How do you learn & develop to keep ahead of all the digital disruption in Finance & Accounting? A recent guest mentor on the podcast said I should check out a guy he started following called Jim Kwik one of the world’s leading expert in memory improvement and brain performance. I came across a useful short video in which he summarises his FAST method and I share why this is perhaps useful for Finance professionals. #sitn #finance #learningfast #modernfinance #JimKwik

“Giving the business tools and reports to track the performance of the business is fantastic, but to merely attach it to an email and send it when you could actually go over to the person, talk, build the relationship, discuss the results, discuss the reports and what they’re hinting at is far more value add.” Just one of the many great bits of advice from guest mentor Ranu Sharma on today’s episode where we also go on to deconstruct: Key Points From the Episode: • The value of human connection in building your career in business partnering • 3 skills for fresh graduates who would like to join business partnering • The importance of giving back. • How volunteering has helped Ranu in her professional career. 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/192. #FinancialMentor #SITN #ValueCreation #Finance #modernfinance

3 Key takeaways to help you remain relevant, help IT departments and develop resilience in Finance. I’ve had an interesting week between keynoting at an AICPA-CIMA sponsored Finance Transformation event, attending the 10 year celebrations for GenerationCFO, as well as getting to hang out and connect with so many fantastic finance professionals and leaders. In this episode I share my three key takeaways from the week. #sitn #finance #modernfinance

“And I really took that as a mission, I sat down and I thought now what would I need to be able to do be able to charge 5X.” And today’s guest mentor John Stretch goes on to explain exactly what he did to achieve this. On todays’ episode and where we go on to also deconstruct: Key Points From the Episode: • The key traits to become a trusted business partner. • Why there are so many fearsome accountants out there and how we can go about coming one. • How to 5X your value. • The usefulness of have your own 18 month rolling forecast. 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/190. #FinancialMentor #SITN #ValueCreation #Finance #modernfinance

Are you taking the right steps towards tomorrow? I’ve had an interesting week between hanging out at a summit at Gillette stadium, home of the world champions of American football, being interviewed for FPA Group podcast & coming across a thought-provoking article on where we need to be shifting our focus from and towards in accounting & finance. #sitn #finance #modernfinance Link to article mentioned https://www.linkedin.com/pulse/future-accounting-breaking-chains-saleem-sufi/