with Katy Young and Ignacio Vaccaro
About the show
The Fearless Thinkers podcast, hosted by Rick Cheatham and Masami Cookson, personalizes BTS’s perspective on the people side of strategy.
Fearless Thinkers is produced by Gloria Breck and Aron Towner.
Special thanks to Joe Holeman, Chris Goodnow, Meghan McGrath, and Roanne Neuwirth for their invaluable help.
“Be a partner in educating the rest of the business [about the] strategic trade-offs of their choices… Breaking through the complexity of finance for the rest of the organization is really powerful,” says Katy Young, SVP & Partner, in this episode of Fearless Thinkers. Katy and Ignacio Vaccaro, Senior Director & Head of SABA Practice, sit down with Rick Cheatham, CMO, to discuss the evolving role of finance in strategy execution.
Rick Cheatham: I know you both get to speak with a lot of clients across Europe and even around the world. I’m curious, what trends are you seeing right now?
Ignacio Vaccaro: A lot of the uncertainty that’s come through in the last couple of years from COVID to now has really opened up different issues, and a lot of organizations have noticed that they’ve been cut out in an environment that is really volatile and they cannot match the speed of that change with the speed of their adaptability in processes like budgeting, like reallocation, like rethinking how to best approach those new challenges. The spread of what’s possible right now [is] a lot bigger than it used to be. And a lot of organizations are beginning to realize that they’re not quite set up to match that spread of possibilities. They’re rethinking how they organize themselves and what role they can play in organizations.
Katy Young: We actually have done some research around what it takes to be what we’re calling a future-relevant organization. So, a company that’s really set up to operate now in a really rapidly changing world and into the future and explore[s] possible futures, as opposed to planning for one possible future, right? To dynamically shift resources as conditions change in the organization is critical moving forward.
We’re seeing that, while that’s really critical, a lot of organizations aren’t really set up successfully to do this. And one of the levers that we see is — as Ignacio refers to it — how the finance organization interplays with the rest of the organization.
SVP & Partner, BTS
Senior Director & Head of SABA Practice, BTS
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