#312: Modern Finance With Amrish Shah

#312: Modern Finance With Amrish Shah

“We shouldn’t forget that the information is always there to persuade everything in life, including everything at work is to persuade someone.”

according to our guest mentor Amrish Shah who helps us deconstruct on todays’ episode:

– Three ways people can build up experience of better decision making.
– The steps we can take as finance professionals and leaders of teams so we can all become more visible.
– Establishing Credibility & having a continuous improvement mindset to create value in other functional processes.
– The characteristics, or 8Cs, a modern finance professional (but especially for business finance roles) we should be aspiring to

If you enjoyed this episode, check out our time-stamped show notes, key quotes, resources and ways to connect with our guest mentor and more at sitnshow.com/podcast/312.

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Our Guest Mentor:                                                        

Amrish Shah most recently Interim Head of Group Financial Planning and Analysis at Endemol Shine Group following a 20+ year career in Senior Finance roles involving Blue Chip listed and smaller privately owned organisations across: FMCG, Food & Beverages, Retail, Apparel, and Sporting Goods sectors.

Amrish is also a finance thought leader, contributor and speaker as well as having served a number of years as Board Member and Chairman of the Youth Committee for Ajax Cricket Club.

Amrish holds CGMA and FCMA designations as well as a Bachelor of Science in Chemical Physics and is based out of the Netherlands.

 

Key Quotes From the Episode:

[On the importance of persuasion] “ we shouldn’t forget that the information is always there to persuade everything in life, including everything at work. Is to persuade someone.” [11:06]

[On the importance of being visible] “ if you’re not on the page, if you’re not visible, then it’s really hard for people. Even your other members of your own team, as it were to, accept you when you have something to say.” [13:37]

(Other resources and how to connect with Amrish below).

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Key Points From the Episode:

  • Three ways people can build up experience of better decision making.
  • Being visible and the steps we can take as finance professionals and as leaders of teams so can all become more visible.
  • –Establishing Credibility & having a continuous improvement mindset to create value in other functional processes.
  • The characteristics, or 8Cs, a modern finance professional (but especially for business finance roles) should be aspiring to.

Stamped Show Notes

[03:08] – Amrish shares his career journey on how an application to Unilever’s marketing graduate program ended up with a stint their commercial function and then Finance.

[05:41] – How Finance have moved on from on time, in full and with quality delivery of information to how we can help decision makers make better decisions.

[07:23] – Three ways people can build up experience of better decision making.

[10:44] – The importance of knowing the customer and learning from marketing to make a bigger impact.

[11:45] – The importance of synthesising informal and formal data sets for decision-makers.

[13:07] – The importance of being visible and the steps we can take as finance professionals and as leaders to become more visible.

[16:50] – The importance of the benefits of leaders scaling their finance teams.

[18:57] – We discuss the idea of check-ins for team members and how it can help teams be greater than the sum of their parts.

[20:20] – The importance of finance scanning the environment for better tools and management ideas and approaches we can use for the organisation to help achieve its objectives.

[23:50] – Establishing Credibility & having a continuous improvement mindset to create value in other functional processes.

[27:55] – The best advice that Amrish every received around stop trying too hard and learning about the value of subtraction and self-awareness.

[32:26] – Amrish recommends a couple books and movies to check out.

[35:25] – Best way to connect with Amrish.

[36:56] – Amrish’s parting thoughts on the characteristics of 8Cs a modern finance professional should be aspiring to.

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