Anthony Perozzi - The REAL reason finance implementations fail (and how to avoid it) | Ep. 038

Listen in as we explore the fascinating world of finance transformation with our esteemed guest, Anthony Perozzi. A well-known Finance Transformation Advisor, Author, and Founder of FT2OM, Anthony shares his vast experience and practical insights on how finance teams can evolve from mere reporters of results to crucial drivers of business value. He stresses the importance of mindset in transforming finance teams and lays out how to establish a project approach that optimizes existing processes and pinpoints areas needing improvement. We then navigate the critical topic of product selection for organizational transformation. Anthony explains why having a clear vision for finance transformation initiatives is paramount and how the CFO should champion this process. He also introduces us to his ABCs of finance transformation, stressing the need to avoid falling for the "shiniest, newest cool product" on the market and instead, focus on selecting a product that aligns with the organization's goals. As we continue our conversation, we explore the importance of partnership and collaboration during implementations, with Anthony emphasizing the need to validate the capability of your partner in helping you achieve your set objectives. He also shares a helpful exercise to identify core organizational problems and the significance of focusing on underlying data for effective decision-making. Lastly, we talk about change management in transformation programs and how traditional tools like Excel and new collaborative tools can aid in project management. This episode is packed with actionable insights and practical tips that will empower finance teams to drive meaningful change in their organizations. --------- EPISODE CHAPTERS --------- (0:00:00) - Preparing for Successful Finance Transformation (0:09:35) - Selecting Products for Organizational Transformation (0:17:55) - Partnering and Collaboration in Implementations (0:27:13) - Business Involvement in Finance Transformation (0:38:14) - Change Management in Transformation Programs (0:46:04) - Excel and Collaborative Tools for Traditionalists

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- Anthony's LinkedIn - https://www.linkedin.com/in/anthony-perrozzi/

- Anthony's Website - https://ft2om.com/

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