965: Removing Complexity for Strategic Success | Emma Brown, CFO, Medius

Published: Jan. 14, 2024, 7 p.m.

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For Emma Brown, it was as though she had just removed the sword from the fabled stone, a moment that would challenge the inclination to persistently question her own judgment when it came to business.

As is often the case, Brown\\u2019s moment of insight occurred in a high-pressure situation. Faced with poor financial visibility and the need to prevent a liquidity crisis, she championed the notion that her company\\u2019s finance team take a radical approach. Stripping everything back to basics, she delved into the fundamental aspects of cash flow, bank statements, and working capital.

This back-to-basics exercise revealed that the complexity of the business\\u2014large ERP systems, convoluted reporting, and complicated forecasting structures\\u2014was hindering understanding as well as impeding effective decision-making.

Brown\\u2019s strategic approach of simplifying complexity significantly boosted her confidence in navigating challenging situations within her career. The realization that complexity might indicate inherent issues within processes, systems, or structures shifted her perspective, empowering her to tackle problems with a newfound confidence.\\xa0\\u2013Jack Sweeney

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