You’re watching a Future Office of the CFO Minute – where you’ll find timely perspectives designed to equip financial executives for strong, future-ready decisions. Hosted by John Siefert, Acceleration Economy Network Co-Founder and CEO, this series features discussions with Manny Korakis, a Senior Level Finance Executive at a multi-national corporation. In this episode, Manny shares personal experiences and insights to maintaining harmony within the C-Suite.
00:30 – Harmony needs to exist across the C-Suite in order to achieve business goals. From strategy to execution, the C-Suite needs to be aligned on everything.
00:50 – Everyone comes to the table with different experiences. So, it’s critical to have a well-managed team working cohesively to leverage those experiences across the organization.
01:31 – Companies that keep people in their lanes only talk about function. Everyone should be able to talk openly about their previous experiences with the team. It will only help the business.
02:20 – Staying in your lane is only a shortcut to thinking. Furthermore, it doesn’t enable you to decentralize the intelligence in the organization that helps you as a financial leader.
02:49 – If someone outside of financial functions inquires about the standards you follow in finance, it’s an opportunity for you to educate them so they can make good decisions.
03:21 – Harmony doesn’t happen when you stay in your lane. Harmony happens when you complement each other based on your areas of expertise.
03:42 – How can financial leaders be proactive in helping drive harmony within their organizations? It’s imperative that financial leaders are approachable. For instance, CFOs should be asking questions and sharing information. This establishes relationships founded in trust with the C-Suite.