The common term “implicit bias” refers to attitudes or stereotypes that adversely impact or influence one’s understanding, actions and decisions in an unconscious way. But how are these implicit biases manifested and what are their impact on an organization’s culture?
In this episode of AFP Conversations, Jenny Okonkwo, president of Transform Consulting and founder of Black Female Accountants Network, a volunteer led professional women's network with membership across Canada, the UK, the U.S., and Europe, discusses the important topic of implicit bias and her experience fostering diversity, equity and inclusion (DEI) initiatives.
From a diversity and inclusion standpoint, Okonkwo deeps dives into how individuals can mitigate against implicit or unconscious bias to attract a quality workforce, build quality teams and lower retention as an organization.
Okonkwo also provides listeners with tools for managers and leaders to get outside of their bubbles and reflect on their own biases, advice for how organizations can create long-lasting equitable solutions, and ways to develop an organization-wide DEI strategy.
What if financial professionals could have access to information that has previously been unknown, like what others are thinking and feeling? Dan Seidman, Managing Director of Read Emotions, believes that reading hidden emotions is a behavioral science that can be applied to managing, coaching and business partnering.
In this episode of AFP Conversations, Bryan Lapidus, FPAC, AFP’s Director of FP&A Practice, is joined by Seidman to discuss how recognizing the emotions others feel during critical meetings is key to increasing empathy and rapport.
As finance engages with a variety of business partners with different agendas, priorities, and points of view, sustained success in this area requires the ability to build constructive relationships. Listen as Seidman explains how to apply these skills in the business arena – both in-person and online – to improve emotional intelligence.
In 2020, AARP was awarded the Malcolm Baldrige National Quality Award, the nation’s highest recognition for performance excellence that a U.S. organization can receive. Specifically, the Baldrige committee praised AARP’s Enterprise Dashboard, which enables leaders to sustain a focus on achieving the organization’s key objectives: grow impact, grow relevance, grow revenue and engage workforce, driving down to individual performance objectives.
Scott Frisch, AARP’s EVP and COO, was one of the prime drivers of this work. In this episode of AFP Conversations, Bryan Lapidus, FPAC, AFP’s Director of FP&A Practice, is joined by Frisch to discuss the strategy and tactical implementation – including statistical models and organizational staffing – to create a North Star for the entire enterprise.
Traditionally, finance has been about creating numbers and capturing data for a business. But how can we share that insight to stay relevant to business stakeholders?
In this episode of AFP Conversations, Bryan Lapidus, FPAC, AFP’s Director of FP&A Practice, is joined by Jesper Sorensen, co-author of Implementing an Analytics Culture for Data Driven Decisions, to discuss the changes required within finance to reach its aspirations of providing actionable insight to the business.
Sorensen explains that the future of finance requires a roadmap on how to integrate business partnering skills, data science thinking and analytics tools, and an understanding of strategic thinking. This episode will further examine the principles and practice behind the transformation of a global finance department into an analytics business partner, and the resulting return in investment in terms of dollars, job security and career advancement.
Sorensen will be speaking at AFP FinNext 2021 Virtual alongside Larry Mizel for the session, “Becoming an Analytics Business Partner.” Click here to learn more about the event, taking place March 23 – 25.