In your seventh observation about leadership you highlight celebrating victories. You note celebrating is important even when things still need to be fixed. I’d like to explore that twist some. Normally we celebrate when we cross the finish line. What does celebrating before the finish line look like?
I remember hearing the old sayings about performance measurement early on in my career, and thinking they were pretty astute – catchy and encapsulating a profound truth. Things like:
“If you don’t measure it, you don’t manage it!”
“What gets measured gets done!”
To help CFOs and other finance leaders navigate the uncertainty and change looming in the economy we started our series, What is Top of Mind for You. Part I dealt with the balance sheet, What Area of The Balance Sheet Is Top of Mind For You?
In Part II, we tackle the income statement.
We polled finance leaders with this question “What area of the Income Statement is top of mind for you in 2022?”
Joining us from Wichita, Kansas today is Victor Ojeleye to discuss another of his 10 Reflections on Leadership. Your sixth reflection, Give your team opportunities to rise to the occasion, has multiple benefits. Tell us about them.
Predictive analytics has been revolutionized by the advances in artificial intelligence/machine learning (AI). Using AI in various forecasting and predicting processes within an organization has become less expensive and more effective. But finance has been slow to incorporate AI into its procedures. Comfort in our historical reporting role, lack of access to the right data, among other things, could be factors in this latency.
