Asking Good Questions with Edward Roske
In this podcast, we explore the CFO's office's past, present, and future, examining how technology and AI are transforming finance. Join Edward Roske and referents as they discuss innovative ways to enhance the role, optimize processes, and shape the future of financial leadership.
Designed for CFOs and finance leaders, each episode provides actionable insights into leveraging technology to drive growth, improve efficiency, and address challenges.
With an engaging tone, the podcast simplifies complex concepts, covering topics like automating tasks, real-time data analysis, and strategic planning.
Key themes include the shift from traditional finance methods to innovative, technology-driven processes and real-world examples like scenario modeling and automated reporting.
The podcast also highlights future trends, such as generative AI for forecasting and advanced analytics for decision-making, promising to shape financial management. Edward Roske inspires listeners with practical advice and tools to embrace technology confidently.
Tune in for strategies to thrive in the evolving financial landscape.
Asking Good Questions with Edward Roske
Why Dave Mitchell Says AI Will Replace Your CFO Before 2026 (And He's Not Wrong)
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In this episode of Asking Good Questions, host Edward Roske engages with finance expert Dave Mitchell, who shares insights from his extensive career spanning traditional accounting to digital media and consulting. They discuss the evolving relationship between technology and finance, the impact of AI on the finance sector, and the importance of trust and judgment in financial roles. Dave also reflects on his global travels and how they have shaped his perspective on finance and leadership. The conversation culminates in advice for future finance leaders, emphasizing the need for expertise and adaptability in a rapidly changing landscape.
Takeaways
- The relationship between technology and finance has evolved significantly over the years.
- AI is transforming the finance sector, allowing for quicker access to information and analysis.
- Small companies can now compete at a higher level due to advancements in technology.
- Traveling globally can provide valuable insights into different business practices and cultures.
- Trust is essential in finance; over-reliance on technology can erode that trust.
- The judgment aspect of finance roles is still a human element that AI cannot replace.
- Future finance leaders should focus on developing expertise in specific areas.
- Working with entrepreneurs can provide a broader range of experiences and learning opportunities.
- The finance function is becoming more integrated with other business operations.
- AI can enhance efficiency but should be used with caution to maintain critical thinking.
Sound Bites
- "Yahoo built the internet, right?"
- "The judgment piece is still human."
- "Having a specialty makes you valuable."
Chapters
00:00
Introduction to Financial Transformation
02:29
The Evolution of Technology in Finance
08:10
Shifts in Finance Perception
10:23
Technology Adoption in Small vs. Large Companies
15:30
Optimizing Resources in Startups
17:51
Global Perspectives on Finance
20:00
Life Lessons from Global Travel
28:08
The Future of Finance and AI
32:19
Disconnecting to Reconnect
34:12
Navigating Career Transitions
39:36
The Role of AI in Leadership
46:16
AI's Impact on Finance
51:30
Reflections on Travel and Culture
55:34
Advice for Future CFOs
This episode of Asking Good Questions is brought to you by Caprus.Ai.
Check how we empower the office of the CFO to harness the transformative potential of artificial intelligence (AI) and revolutionize their operations.