Finance’s Role in Getting the 1st Down With CFO of the Kansas City Chiefs
Podcast: The CFO ShowPublished On: Tue Nov 28 2023
Description: Picture a football game: the quarterback drops back to scan the field, reads the defense, and fires a pass to an open receiver. Touchdown! Now picture a CFO: the quarterback of a finance team, reading the economic landscape, assessing risks, and making smart, decisive moves that score major wins for their organization.The parallels between finance and football run deep. Both professions involve teamwork, competition, practice, adaptability, and pressure. To unpack the similarities, Melissa Howatson and Tom Seegmiller welcome Dan Crumb, CFO of the defending Super Bowl champion Kansas City Chiefs, to the show. As Dan explains, football and finance might be different, but success in both requires the same ingredients.Discussed in This Episode:How finance and football approach team-buildingThe equivalent of winning a Super Bowl in financeWhat we can learn from coaches about rallying our teamsKeys to effective communication and teamworkWhy both types of teams must plan for every scenarioFor CFO insights, episode show notes, and exclusive blog content, visit thecfoshowpodcast.com.Resources:How To Use Financial Reporting To Reduce Your Operational Costs, Add Efficiencies, and Align Your Business5 Ways To Adapt Your Financial and Operational Planning for Today's Volatile Business Environment
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