Content thumbnail Is the Future of Finance New Technology or New People?

22 | Akl`]^mlmj]g^ÕfYf[]f]ol][`fgdg_qgjf]oh]ghd]7Hj]hYjaf_^gjl`]^mlmj]ÕfYf[]^mf[lagf CFO stories H]l]jN]ckdmf\ Executive Vice President & CFO, PANDORA A/S “ I have Peter’s formula: your business impact or success is the product of the technical quality of what you do multiplied by the acceptance you get in the organization. Success = quality x acceptance. We, the finance professionals, tend to focus a lot on the technical quality of what we do and too little time on acceptance. We make the world’s best reports and spreadsheets that will win the European excel award for technical sophistication and use of macros, but we spend no time explaining how they work, what the content is, or how it can drive business decisions. If it’s so complicated that you can’t explain it, and your line manager doesn’t understand it, then acceptance is zero, meaning success equals zero. So focus on acceptance and increase your business impact.”

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