The Financial Management (FM) magazine podcast series features conversations with executives and thought leaders in management accounting. We discuss topics including governance, risk management, performance management, technology, corporate strategy, and leadership. Interviews are conducted by FM editors and contributors.
Finance leaders’ opinions on top skills for the future
Finance’s role is evolving rapidly, which means the skills needed by finance professionals are changing. A recent FM Q&A series with finance leaders from around the world provided insight on skills that matter most. Hear this conversation with Alexis See Tho, an FM associate editor, and Barry Payne, the Association’s director of external relations for management accounting, for more on the series and what’s on the minds of finance leaders.
What you’ll learn from this episode:
A look back at a series of finance leader Q&As from late 2020 and early 2021. How the focus area was determined for FM’s summer Q&A series on finance skills. What skills accountants should have, according to a Yelp finance leader. What members of a leadership advisory group are focused on in 2021 and beyond.
How finance led hockey through Olympic Games uncertainty
Kuldeep Kaur, ACMA, CGMA, England Hockey’s finance and administration director, explains how scenario planning, data-led decision-making, and effective communication combined to lead the sport during the COVID-19 pandemic and the resulting Olympic Games scheduling uncertainty.
What you’ll learn from this episode:
An explanation of England Hockey’s business model. The role of timely communication in dealing with the pandemic. How visuals can help communicate with nonfinance colleagues. Why diversity can bring results — for sports teams, organisations, and in the boardroom. The opportunities for management accountants within sport.
Beyond sustainability reporting: Embedding ESG in strategy
When finance and accounting professionals think about ESG, it shouldn’t be limited to churning out sustainability reports. To enable real change in a company’s impact on environmental, social, and governance issues, they need to be part and parcel of long-term strategy. But how can that be done?
In this episode, we hear from Michael Bueker, senior vice-president of finance for Middle East markets at Siemens Energy. The company’s businesses are in both traditional fossil fuel and renewable energy. Embedding ESG in its strategy means having internal ESG targets that are tied to KPIs, such as executive compensation, and, externally, incorporating ESG into its product and service offerings, such as providing low-carbon energy options to its customers.
What evolving sustainability regulation means to finance
Sustainability has become a prominent topic of discussion in business, but it can mean different things to different people. Jeffrey Hales, Ph.D., professor of accounting at the University of Texas at Austin and chairman of the Sustainability Accounting Standards Board (SASB), explains what it means to management accountants. As SASB chair, Hales heads efforts to set standards for how companies should account for sustainability issues that represent likely financially material risks and opportunities within industries.
This is the first in a series of episodes that explore how the finance function can drive sustainable business success and account for environmental, social, and governance (ESG) issues.
Fintech: Past, present, and sci-fi future
Jame DiBiasio, financial journalist and author of Cowries to Crypto: The History of Money, Currency, and Wealth, describes the long history of money, what the shift from Internet 1.0 to 2.0 means for trading large illiquid assets, and considerations for companies when dealing with bitcoin. He looks to a fintech future of wearable and implanted technology.
DiBiasio is also the author of an FM quiz on the history of fintech.
How leaders can build trust and a cohesive team
Building trust has always been important in business, and COVID-19 has served to highlight it, according to leadership and workplace culture expert Liz Lugt. In this interview, Lugt sets out the elements of “vulnerability-based trust” and how finance leaders can focus on being effective rather than only efficient.
Lugt is speaking at the upcoming AICPA & CIMA ENGAGE EUROPE conference on 19 May on the topic of “Expanding Your Sphere of Influence”.