Davos debrief: A firm CEO shares her unforgettable experience

‘Decision friction’: How to cut through the noise

Author Nuala Walsh, CEO and founder of MindEquity, a business and behavioural science consultancy in the UK, discusses the challenges of being a thoughtful leader in “the daily din of distraction and disinformation” – and why decision friction is a necessary skill.

Walsh’s book, Tune In: How to Make Smarter Decisions in a Noisy World, suggests numerous strategies that leaders can use to analyse information effectively and holistically, as well as methods to recognise biases and misjudgements that could hold them back.

What you’ll learn from this episode:

§ What it means to tune in and tune out.

§ Some reasons we fall into misinformation traps.

§ Strategies we can use to recognise our biases.

§ How decision friction can help us more accurately decode the information we hear.

§ The benefits of using emotional intelligence to interpret clouded judgements.

A road map to avoid losing your way on digital transformation

The best time to start on digital transformation? Well, it was five years ago. But, says digital transformation expert David Rogers, starting now is the next best time.

Rogers, an author, speaker, and corporate consultant, is also a professor at Columbia University. He explains some of the ways companies hurt themselves in transformation efforts, why people management is such a big part of those digital changes, and how some companies are making gains even without big budgets or fancy, new apps.

What you’ll learn from this episode:

· A discussion on why digital transformations are so difficult.

· The importance of people alignment in a digital transformation effort.

· Why budgeting is not a vital part of such transformations.

· The advice about planting a tree that also applies to digital transformation urgency.

· Why there is no single KPI for digital transformation.

April FM: Sustainability, credible leadership, delivering bad news

This episode features Oliver Rowe, the editor-in-chief of FM, detailing the contents of the April digital edition of the magazine.

Rowe explains how members can access the most recent edition of the online magazine. He also highlights several articles, including this edition’s theme of sustainability.

One noteworthy column, on businesses increasingly taking a multicapital approach to maximising value, was written by CIMA President Sarah Ghosh, FCMA, CGMA. Ghosh recently was a guest on the FM podcast, speaking about the importance of International Women’s Day.

Also, this link features Rowe speaking about the February edition.

What you’ll learn from this episode:

· The paths for members to access content in the digital editions.

· Highlights of the April edition, including focus areas of sustainability and leadership.

· The advice regular contributor Rhymer Rigby gives for delivering bad news.

· The focus of Liam Bastick’s column on using Microsoft Excel.

Davos debrief: A firm CEO shares her unforgettable experience

Avani Desai, CPA, attended the World Economic Forum’s annual meeting in Davos, Switzerland, in January. It was her first visit to the mountain town’s famed event that brings together world leaders and subject matter experts.

In this episode of the FM podcast, Desai reflected on the lessons she learned and on the perspective she gained — as an attendee and a discussion moderator. Desai led a panel discussion on the intersection of artificial intelligence (AI), supply chains, and cybersecurity. She summarised some of the lessons she can apply to her role as CEO of a large US accounting firm.

What you’ll learn from this episode:

· Desai’s description of the World Economic Forum meeting in Davos, Switzerland.

· Details of the panel discussion that Desai led.

· The session that was “definitely a highlight” for Desai.

· The tie-in between AI and cybersecurity.

· Why the International Women’s Day theme resonates with her.

· How one mentoring experience changed Desai’s view of Schellman’s messaging about the profession.

· The lessons from Davos she has taken back to her firm.

Inspire inclusion: Amplifying women’s voices, seizing the future

Sarah Ghosh, FCMA, CGMA, is most of the way through her one-year term as CIMA president. In this episode of the FM podcast, intended to recognise International Women’s Day, she reflects on people she’s met, questions she’s asked, and progress made on numerous fronts.

Ghosh discussed the launch of an AICPA & CIMA mentoring programme, reflected on her background in technology, and shared highlights of her global travels.

FM resources:

Article about a finance director on leading with integrity

Article about a CFO in South Africa who champions collaboration

Article about a Singapore CFO on leadership

AICPA & CIMA resource:

Main page on diversity, equity, and inclusion

What you’ll learn from this episode:

· Three themes of her term as CIMA president.

· How the accounting profession can continue to be purpose-driven.

· Ways in which the profession can take the lead on inspiring inclusion.

· The stories of female leaders that “are really powerful”.