From Data to Decisions: How Raef Lawson is Redefining Profitability for CFOs

Asking Good Questions with Edward Roske

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HR is no longer just about managing people—it’s about shaping the future of work. Jens Baier, BCG’s HR transformation expert, discusses how AI and shifting employee expectations are forcing companies to rethink talent strategies. From re-recruiting to upskilling employees, HR must adapt to a rapidly changing landscape. Learn More: Jens Baier: https://on.bcg.com/41ca7Gv BCG on People Strategy: https://on.bcg.com/3QtAjro Decoding Global Talent: https://on.bcg.com/4gUC4IT…

рік тому 36:34

MP3•Головна епізоду

What’s the secret to profitability? In this episode, Dr. Raef Lawson, Executive Director of the Profitability Analytics Center of Excellence (PACE), reveals how CFOs can use analytics to drive impactful decisions. As he says: "Profitability isn’t just a number—it’s a mindset".
Discover how CFOs can leverage AI-driven insights to navigate uncertainty and shape the future of finance. Tune in for a conversation that will change the way you think about numbers.
Takeaways

Profitability analytics is essential for modern businesses.
Accountants must improve communication with other departments.
Revenue management and cost management are interconnected.
Technology can help level the playing field for companies.
AI has the potential to uncover valuable insights from data.
Future accountants need to focus on soft skills and analytics.
Understanding customer profitability is crucial for success.
The accounting profession must adapt to changing business needs.
Education in accounting should include more practical applications.
Collaboration between finance and operations is key to profitability.

Sound Bites
"It's all about profitability analytics."
"Profitability is a holistic approach."
"Technology is a leveler for companies."
Chapters
00:00 Introduction to Profitability Analytics
03:18 Rafe Lawson's Journey in Accounting
06:09 The Evolution of Accounting and Profitability
09:32 Challenges in Accounting Education
12:25 The Role of Technology in Profitability
15:18 Recent Initiatives at PACE
18:11 The Future of Profitability Analytics
21:31 Advice for Future Finance Professionals

This episode of Asking Good Questions is brought to you by Caprus.Ai.
Check how we empower the office of the CFO to harness the transformative potential of artificial intelligence (AI) and revolutionize their operations.

6 епізодів

From Data to Decisions: How Raef Lawson is Redefining Profitability for CFOs

Asking Good Questions with Edward Roske

published рік тому

Поширити

MP3•Головна епізоду

Profitability analytics is essential for modern businesses.
Accountants must improve communication with other departments.
Revenue management and cost management are interconnected.
Technology can help level the playing field for companies.
AI has the potential to uncover valuable insights from data.
Future accountants need to focus on soft skills and analytics.
Understanding customer profitability is crucial for success.
The accounting profession must adapt to changing business needs.
Education in accounting should include more practical applications.
Collaboration between finance and operations is key to profitability.

6 епізодів

Wszystkie odcinki

1
Gary Crisci Warns: Your Company's 'Unique' Processes Are Actually Killing It 51:56

24 дні тому51:56

51:56

Summary In this conversation, Gary Crisci discusses the evolution of enterprise architecture, the importance of bridging the gap between business and IT, and the role of AI in optimizing processes. He emphasizes the need for collaboration, standardization, and a focus on long-term goals in enterprise architecture, particularly in the finance sector. The discussion also touches on the challenges and opportunities presented by AI, including its potential to enhance efficiency and innovation while navigating the complexities of human nature and organizational dynamics. Takeaways Enterprise architecture is an evolving discipline that connects business and technology. Standardization in processes can lead to greater efficiency and agility. AI can optimize processes by removing emotional attachments to existing methods. Collaboration between business and IT is crucial for successful enterprise architecture. Understanding the unique capabilities of an organization is key to competitive advantage. Change management is essential for implementing new processes and technologies. AI can help capture and disseminate knowledge within organizations. The future of enterprise architecture will be shaped by advancements in AI and technology. Organizations must balance standardization with the need for unique processes. Effective leadership is necessary to guide teams through change and innovation. Chapters 00:00 The Evolution of Enterprise Architecture 10:00 Bridging the Gap Between Business and IT 19:58 The Role of AI in Enterprise Architecture 21:58 Enterprise Architecture in Finance 27:51 The Future of AI in Business 28:45 Capturing Knowledge and Productivity 30:35 The Ethics of AI and Knowledge Management 33:32 AI as an Accelerator for Information 34:20 Maintaining Uniqueness in a Standardized World 36:54 Competitive Advantage and Standardization 39:21 Using AI as a Scaffolding Tool 41:12 The Role of AI in Business Processes 43:24 Adapting to Rapid Change 45:57 AI as a Translation Tool 48:22 Final Thoughts on AI and the Future This episode of Asking Good Questions is brought to you by Caprus.Ai . Check how we empower the office of the CFO to harness the transformative potential of artificial intelligence (AI) and revolutionize their operations.…

1
From Excel to AI: Ex-Salesforce VP Sean Blitchok Reveals Why Your Finance Job Isn't Dead 51:49

рік тому51:49

51:49

In this conversation, Sean Blitchok, CFO of Zenoti, discusses the evolving role of finance in the tech industry, emphasizing the importance of technology and automation in financial processes. He reflects on his journey through various companies, highlighting the strategic influence of CFOs and the necessity of adapting to rapid changes in the business landscape. The discussion also touches on the balance between growth and financial controls, as well as the future potential of AI in finance. In this conversation, Sean discusses the rapid evolution of AI in finance, emphasizing its potential to automate processes and create value. He highlights the importance of quality control in automation, the artistic nature of accounting, and the need for finance professionals to embrace AI as a tool for strategic value. Sean also addresses the changing landscape of finance metrics, the critical role of investor relations, and the skills needed for future finance roles. He concludes with a focus on people-centric leadership in finance, stressing that success hinges on hiring and nurturing the right talent. Takeaways Technology can alleviate many financial process issues. The role of CFO has evolved to be more strategic. CFOs must understand the entire business landscape. Automation is key to improving financial processes. Financial controls are essential for scaling companies. CFOs are increasingly seen as potential CEOs. The relationship between CFOs and boards is crucial. Emerging technologies are changing the finance landscape. Process optimization and technology should go hand in hand. AI's impact on finance is still developing. AI is evolving rapidly and will impact the finance sector significantly. Quality control is essential as companies automate processes with AI. Accounting is not just transactional; it involves interpretation and creativity. AI should be viewed as a value creator, enhancing strategic roles. Future finance professionals need to embrace AI and adapt to new technologies. Understanding business and economics is crucial for finance roles. Investor relations play a vital role in connecting finance with the broader business. Choosing the right AI tools is essential for effective implementation. People-centric leadership is key to success in finance. The finance landscape is constantly changing, requiring adaptability. Sound Bites "The CFO plays a critical role." "I can't stand fingers on keyboards." "We can fix a lot of the manual work." "It's not just about cost arbitrage." "It's incredible how fast it's moving." "AI is a value creator, right?" "AI is going to be a piece of that." "Embrace AI, be part of a solution." "You have to have those core skills." "Don't underestimate the IR capability." Chapters 00:00 The Role of Technology in Finance 05:14 Evolving CFO Responsibilities 10:06 The CFO's Strategic Influence 18:36 Automation and Financial Processes 22:32 Balancing Growth and Financial Controls 25:10 The Future of AI in Finance 28:22 The Rapid Evolution of AI in Finance 30:54 Navigating Automation and Quality Control 32:56 The Artistic Side of Accounting 35:36 AI as a Value Creator 39:14 Preparing for the Future of Finance Roles 42:52 The Changing Landscape of Finance Metrics This episode of Asking Good Questions is brought to you by Caprus.Ai . Check how we empower the office of the CFO to harness the transformative potential of artificial intelligence (AI) and revolutionize their operations.…

1
From Data to Decisions: How Raef Lawson is Redefining Profitability for CFOs 36:34

рік тому36:34

36:34

What’s the secret to profitability? In this episode, Dr. Raef Lawson, Executive Director of the Profitability Analytics Center of Excellence (PACE), reveals how CFOs can use analytics to drive impactful decisions. As he says: "Profitability isn’t just a number—it’s a mindset". Discover how CFOs can leverage AI-driven insights to navigate uncertainty and shape the future of finance. Tune in for a conversation that will change the way you think about numbers. Takeaways Profitability analytics is essential for modern businesses. Accountants must improve communication with other departments. Revenue management and cost management are interconnected. Technology can help level the playing field for companies. AI has the potential to uncover valuable insights from data. Future accountants need to focus on soft skills and analytics. Understanding customer profitability is crucial for success. The accounting profession must adapt to changing business needs. Education in accounting should include more practical applications. Collaboration between finance and operations is key to profitability. Sound Bites "It's all about profitability analytics." "Profitability is a holistic approach." "Technology is a leveler for companies." Chapters 00:00 Introduction to Profitability Analytics 03:18 Rafe Lawson's Journey in Accounting 06:09 The Evolution of Accounting and Profitability 09:32 Challenges in Accounting Education 12:25 The Role of Technology in Profitability 15:18 Recent Initiatives at PACE 18:11 The Future of Profitability Analytics 21:31 Advice for Future Finance Professionals This episode of Asking Good Questions is brought to you by Caprus.Ai . Check how we empower the office of the CFO to harness the transformative potential of artificial intelligence (AI) and revolutionize their operations.…

1
Gary Golden on Thriving Through Change: Lessons for Modern CFOs 48:13

рік тому48:13

48:13

In this episode of Asking Good Questions , we explore the evolution of the CFO role with Gary Golden, CFO of Media Culture. Gary reflects on his experiences at Blockbuster, Kinko’s, and private equity-backed firms, sharing actionable insights on navigating disruptions, leveraging AI, and leading with strategy. Join us in sharing stories of transformation—from the untold history of Blockbuster’s missed Netflix opportunity to the challenges of adapting finance teams for the AI era. This is a must-listen for finance professionals looking to stay ahead in a data-driven world. Takeaways It's not just about debits and credits; it's about interpreting data. The CFO's role has evolved to include strategic leadership. Understanding economics is crucial for financial decision-making. Cash flow management is essential, especially during economic changes. Companies must adapt to industry disruptions to survive. AI can streamline financial processes and presentations. Communication skills are vital for finance leaders. Outsourcing non-core functions can enhance efficiency. Finance leaders should be proactive in providing timely information. Continuous learning and adaptation are key to success in finance. Chapters 00:00 Understanding the Role of the CFO 12:01 The Evolution of Finance Leadership 21:58 Navigating Economic Changes and Challenges 33:34 Adapting to Change: Lessons from Industry Giants 41:20 The Future of Finance: Embracing Technology and AI This episode of Asking Good Questions is brought to you by Caprus.Ai . Check how we empower the office of the CFO to harness the transformative potential of artificial intelligence (AI) and revolutionize their operations.…

1
From Sears to ScentHound: Brenda Hernandez's Journey of Reinventing Finance 44:43

рік тому44:43

44:43

💡 What does it take to innovate in the fast-paced world of finance? Find out in the latest episode of Asking Good Questions as Edward Roske interviews Brenda Hernandez, the trailblazing CFO of ScentHound. 🐾 Key highlights include: Brenda’s unique lessons from her early days at Sears and Office Depot. Her groundbreaking approach to financial planning for franchise growth. The power of technology, AI, and strategic partnerships in today’s CFO toolkit. How to strike the perfect balance between operational excellence and bold innovation. 👉 Whether you’re a finance professional, entrepreneur, or just curious about the future of business strategy, this episode is packed with insights that will inspire and challenge you. Click now and hear the conversation! This episode of Asking Good Questions is brought to you by Caprus.Ai . Check how we empower the office of the CFO to harness the transformative potential of artificial intelligence (AI) and revolutionize their operations.…

1
Emily Brown of Enesco Explores Risks, Resilience, and AI’s Transformative Role in the CFO's Office 47:41

рік тому47:41