Latest / The Diary of a CFO / How to Get on High-Impact Projects and Lead Major Change, with Sindy Wilson
Transcript
- 0:02The path to the C -suite is rarely linear, and
- 0:05the challenges don't stop once you get there.
- 0:07I'm Wassia Kamon, and I'm taking you with me
- 0:10on my journey as a newly appointed CFO, sharing
- 0:13the hidden challenges and spoken rules and lessons
- 0:16I wish I had known. So whether you're in finance,
- 0:19work in finance, or just trying to get your budget
- 0:22approved faster, there's something here for you.
- 0:25The purpose of this podcast is to make better
- 0:28leaders and help leaders be better at life. Welcome
- 0:31to the Diary of a CFO. Welcome back to the Diary
- 0:34of a CFO podcast. Today, I'm so delighted to
- 0:37have with me Sindy Wilson. She is a former chief
- 0:39financial officer of Kickstarter, the go -to
- 0:42crowdfunding platform for Creative Project. Cindy
- 0:45is a strategic and transformational finance executive
- 0:48with over 20 years of experience. Most recently,
- 0:51Sindy was the VP of Finance Transformation and
- 0:54Analytics at Lyft. Prior to joining Lyft, she
- 0:57led finance for AutoTrader and Kelly Blue Book,
- 1:00led business transformation and accounting operations
- 1:02for Old Castle Infrastructure, and was in strategic
- 1:06finance management consulting at EY. Cindy was
- 1:09the recipient of the Emory Alumni Association's
- 1:1240 Under 40 Awards. She serves on the Emory University
- 1:16Board of Visitors, where she is a past chair
- 1:18and executive committee member. Welcome to the
- 1:21show, rock star Sindy. Thank you so much. I'm
- 1:25so excited to talk to you, Wassia. You are, I'm
- 1:28telling you, you're a powerhouse woman. Thank
- 1:30you. Trying to grow up to be like you because
- 1:33what I just said was a lot. So why don't you
- 1:36tell us about your journey, the story behind
- 1:39all these great things that you did and any unexpected
- 1:41twists along the way. Absolutely. So, you know,
- 1:45I'm African, right? So I was going to be a doctor.
- 1:49Okay. I went to a pre -med as a, to, to, to be
- 1:54a pediatrician. Oh, wow. And after dissecting
- 1:57a rat. I and a cat, I realized this is not going
- 2:03to be my path. Well, at the same time, I was
- 2:09working for a telecom and customer service and
- 2:12was tapped to a special project with finance
- 2:15and my love of numbers and what the stories are
- 2:19behind the numbers and how it shapes the business
- 2:22and where it goes. I knew right then I went back,
- 2:26I changed my major so quickly. And then from
- 2:30there just skyrocketed my career of curiosity
- 2:34of understanding and learning how numbers tell
- 2:38the story of stories around the business. And
- 2:41I went from the customer service role to being
- 2:44an analyst to a really. having that be what my
- 2:49path was, right? So from there, I have a traditional,
- 2:52a very traditional background. I went to business
- 2:55school with Emory. Okay. Then I went into consulting
- 2:59with EY. And if I were to give my career a motto,
- 3:03it would be, I am a thrill seeker. I love to
- 3:07understand how things work. And I like to work
- 3:09with other people to build things. So when I
- 3:12leave a role, I live a company, I leave a project.
- 3:16I like to see something that I've built in the
- 3:19network. So I went from EY to work for Cox. In
- 3:24Cox, I had several roles in finance, which ended
- 3:27with me serving as the brand CFO of Autotrader
- 3:31at Kelly Blue Book. I went from there to work
- 3:35for CRH. And CRH is a really large, vertically
- 3:41integrated building product company I manufacture.
- 3:46And I went there to do business transformation.
- 3:49And I think the transformation is a plot twist
- 3:52for me. If people ask me, what's the thing that
- 3:54you've done in your career that you wouldn't
- 3:56have expected? So we know as CFOs, CFOs a lot
- 4:01of times will be addressing an issue for a company,
- 4:04right? So, you know, Cindy, the performance looks
- 4:06low in sales, Cindy operations, the service levels
- 4:10don't look great in operations manufacturing.
- 4:13efficiency is necessary, whatever those things
- 4:15are, even for our own finance function, oh, our
- 4:19controls in space A or B don't meet the auditor's
- 4:23expectations per se. And when you go in there,
- 4:26typically you go in, you work with the leader,
- 4:28you put together a plan. In some cases, I've
- 4:31been asked to be the transformation leader in
- 4:34partnership or in some places like to lead a
- 4:37function through its change. And I say like,
- 4:41It's a gift. Initially, when I was younger, I
- 4:43was like, whoa, wait a second. I don't know if
- 4:45I could do this. But over time, I've learned
- 4:48it's a real gift. Because what it does is it
- 4:50teaches you what it actually takes to build,
- 4:55shift, and change a people, a process, systems,
- 4:59a culture, all of the components of what it takes
- 5:02to build a really good and thriving function,
- 5:07even sometimes out of the finance space. That's
- 5:10been the tell of my career, right? So from now,
- 5:14even now, whether it's going from CRH to Lyft
- 5:18to help them with transformation or going to
- 5:21Kickstarter to really do the same thing, which
- 5:22was help them build up their strategy for growth
- 5:26and how Kickstarter will grow into the future.
- 5:29It's all around how do we identify what are the
- 5:32challenges to achieving the financial sustainability
- 5:37that we're looking for, achieving the growth.
- 5:39uh that we're looking for and how do we how do
- 5:44we you know set a plan forth for that so that's
- 5:46what i've been doing uh in my career ever since
- 5:49that is awesome and i like how you said i look
- 5:52back at my younger self and i didn't think i
- 5:54would be able to do it but it was a gift How
- 5:56many times would you say leading a project is
- 5:59really what will make you visible? Because you
- 6:01worked at very large companies where sometimes
- 6:04you may feel small, or how do people realize
- 6:07that it even exists to grow in your career? Can
- 6:09you speak a little bit about what helped you
- 6:12stand out for you to even be the leader in those
- 6:15cases? I'll say a few things. One is, first of
- 6:18all, how you treat and work with others matters.
- 6:22And in finance, we don't always own what it is
- 6:26that we're trying to shape and influence. First
- 6:31things first, the way that you handle and work
- 6:36with others is important because before you can
- 6:39be put on a big cross -functional project, I
- 6:42would say really hone your partnering skills.
- 6:46The second piece is understanding what your talents
- 6:50are. For me, I am a creative, I like to build
- 6:55creative solutions to things in partnership with
- 6:58others. And being able to articulate that to
- 7:03your leader is really important. And then lastly,
- 7:09I've made some mistakes, some missteps. What
- 7:13are the missteps that you've made? One of the
- 7:15missteps that I've made is when I'm not focused
- 7:19on what I've been given and I want to move on
- 7:22to the next sexy thing. I'm a thrill seeker.
- 7:26I'm a creative. I like challenge. And so it's
- 7:29so easy to go, all right, I want to go work on
- 7:33the next biggest project that we have. But doing
- 7:36your job well in the role that you've been given
- 7:38really creates a followership and trust. And
- 7:42from there, that has been how I've got on all
- 7:46of the sexiest projects. So I've over -delivered
- 7:49in my role. I have really focused a lot on how
- 7:53I handle people. And then from there, I've been
- 7:56really clear about where I want to develop. And
- 7:59that's what's gotten me there. So I've been on
- 8:01so many really amazing projects where you can
- 8:04add value. And because I've added value in my
- 8:08roles, it's been definitely easier for me to
- 8:12make a case. to be on those high -profile projects.
- 8:16Nice. Now, tell us about how we can do the same.
- 8:19So you mentioned earlier how you lead change,
- 8:21right? Because it has culture, people, systems,
- 8:25and all this at the same time, especially at
- 8:27large organizations. So let's say you are now
- 8:30given a new challenge, a new digital transformation.
- 8:33What is your go -to approach, your go -to framework
- 8:35to get that done? Oh, this is a really great
- 8:38question. We're entering into, let's say we're
- 8:42going to do a transformation and we want to change
- 8:44how we do inventory management. We're looking
- 8:46and we're saying, I don't know what the right
- 8:48inventory levels are. So when I go into a transformation,
- 8:55the very first thing that I want to do is first
- 8:58of all, build a team. And in finance, because
- 9:01I typically do this from the role of finance,
- 9:04we understand the function. But we're not always
- 9:08the expert in every single step along the way.
- 9:13So the very first thing I want to do is build
- 9:15a good team of folk that are from across the
- 9:22business that can help us come up with the approach
- 9:27to the problem and also help as culture champions
- 9:32to champion the change. The last thing someone
- 9:37wants is someone in the corporate office to come
- 9:39down to a manufacturing location or go into engineering
- 9:44or another function and tell them what to do
- 9:48without being a counterpart in that function.
- 9:50So first thing I'm gonna do is really build a
- 9:53team that can help. Okay. Then from there, I'd
- 9:56like to be able to truly break down the problem.
- 10:00So first thing that I typically end up doing
- 10:03is taking that team, to go out and spend time
- 10:07across all the parts of the business. So whether
- 10:10it is, let's say we're doing inventory management
- 10:12and you do inventory management across five different
- 10:16product lines in 10 countries. And we really
- 10:19need to understand the variation of what we're
- 10:22trying to change. And that is giving your transformation
- 10:27so much more credibility. So that's the second
- 10:29thing is really understanding, getting an understanding
- 10:33for what the problem is. And then from there,
- 10:36it's coming up with the plan for like, how do
- 10:39we put in incremental change? Big bang solutions
- 10:44don't typically work, right? So you go in, you're
- 10:46making too much change at one time, but it's
- 10:49how do we go in and make incremental change?
- 10:51And that incremental change creates wins that
- 10:55shift the culture. an example of this and I would
- 10:58like to give examples because when you talk about
- 11:00this in theory like no one understands so you're
- 11:02gonna do the inventory management so incremental
- 11:05change would be hey we're gonna first start with
- 11:08what you min max levels you're gonna go in and
- 11:12we're gonna put in metrics and we're gonna say
- 11:14here's the metric we're gonna look at here's
- 11:16the data that a standardized way of looking at
- 11:19data first incremental step and from there what
- 11:23it does is it creates this inertia and Natural
- 11:27culture change so that you can attack bigger
- 11:29problems like maybe we need a different inventory
- 11:31management system But now everybody looking at
- 11:35information the same way We're putting information
- 11:37in the system the same way We may be putting
- 11:41in a new process so that we're doing the steps
- 11:43the same way now we can go in and we can put
- 11:45a system in place and so incremental changes
- 11:49are necessary just like I said to create the
- 11:52momentum in the culture for the bigger steps
- 11:55of change I love it. I love it because often
- 11:58when we think transformation, we think about
- 11:59a better system, but that's not transformation.
- 12:02I love your approach to really shift things like
- 12:06being more intentional about all the steps that
- 12:09are in it. Now I hear you and I'm like, yes,
- 12:12I want to be on that team with Cindy because
- 12:14I know I will get that visibility. How do you
- 12:18pick the people in that committee? What are the
- 12:20typical traits, habits, or background you're
- 12:22looking for besides them being in different functions?
- 12:25Is that a specific mindset, a specific vibe?
- 12:28Like what do you look into? Because I want to
- 12:30be on that team with you. So the first is, remember
- 12:33I mentioned about myself, like how do I get on
- 12:36all these projects over the years to make myself
- 12:38physical? It's like number one is how you work
- 12:40with others. I am first looking for who are those
- 12:43people that other people call when they have
- 12:46a challenge. And these are folks that are, if
- 12:50you put them on the team, they're going to have
- 12:52already the credibility so that when you send
- 12:54them out there to start working with others on
- 12:57understanding their problem, they naturally have
- 13:01the relationships. The other thing that I'm looking
- 13:04for is learning agility. Right? So with learning
- 13:10agility, people have heard this term. It's really
- 13:13your level of curiosity in how quickly You can
- 13:17learn, but not only just learn it, but shift
- 13:21your personal habits, right? So I'll give you
- 13:24an example. You may learn that you're trying
- 13:27to improve your nutrition. And this is a great
- 13:30one. And you're like, okay, vegetables. That
- 13:35really resonate with me right here. Improve your
- 13:38nutrition. Yes, go ahead. You need more leafy
- 13:41greens in your diet. Your doctor is like, we
- 13:42need more leafy greens for you to improve iron.
- 13:45So now you've learned something. You go like,
- 13:47all right, I have a goal. I'm learning that I
- 13:49need to eat more leafy greens is what I need
- 13:52to do to improve. But it's also like, can you
- 13:55do it? Do you actually have the discipline where
- 13:59you're going in, you're learning, and you can
- 14:01deploy that? So next time you go for lunch, you
- 14:03should get a side salad. And so you can take
- 14:06that and apply that to the corporate environment.
- 14:09Have you seen this person that they can learn
- 14:12something, they can grasp it? And then they have
- 14:15the discipline to put it in place. The second
- 14:17thing that I'm looking for, so we talked about
- 14:19people, how they get the work done, do they have
- 14:21learning agility? And then I'm looking for them
- 14:24to be really great and good in their discipline.
- 14:26So if you do industrial engineering, if you do
- 14:30sales, if you are marketing whatever that product,
- 14:34and I've worked on projects, in the finance realm,
- 14:38you talk about like a strategic leader, right?
- 14:40What is a strategic leader? What does that mean?
- 14:42is really someone that understands and can look
- 14:44at the company as a holistic system of functions
- 14:47in people, in culture. And understand where you
- 14:52need to go next to help the company move forward.
- 14:55And so this means that you work across the business
- 14:58often, right? You may be working with a marketer,
- 15:00you may be working with a product person. And
- 15:02so I need that person to be strong in their discipline
- 15:05as well. And so those to me are typically the
- 15:09skill sets that I'm looking for. Nice. And it's
- 15:12quite fascinating that you have such a framework,
- 15:15like a clear idea of how you're going to lead
- 15:18the project, how you're going to select people.
- 15:21And coming from your background, not the pre
- 15:23-med, from accounting and finance, what are some
- 15:25of the things that shaped your approach to leadership
- 15:28and strategic thinking? Oh, this is great. I
- 15:31would tell you good mentorship. Good mentorship.
- 15:36I think that I had a mentor. And over the years,
- 15:40he taught me some different things. The first
- 15:42one is that he taught me was, one, Cindy, you
- 15:47don't have to prove yourself. We already selected
- 15:49you. You're already here. You're back away from
- 15:52this proving of self. Well, why did he mention
- 15:56this to me, right? Because when you're proving
- 15:58yourself, you got sharp elbows, right? Because
- 16:00you're like, I got to get in there. I got to.
- 16:02I got to prove myself and instead what he said
- 16:05is you're really working with others to get things
- 16:08done and you want to take away this desire to
- 16:12prove because then from there you're only looking
- 16:14at your contribution opposed to the contribution
- 16:19of others and you know what you need to do to
- 16:22help them along the way and so that's been first
- 16:25one of the leadership lessons that I think has
- 16:28been like transformational for me. So when you
- 16:31do a new thing like a podcast, it's easy to get
- 16:34back into this notion of like, oh, I gotta prove
- 16:36myself. No, we're having a conversation with
- 16:39some people, person to person, and hopefully
- 16:42other people can find that useful. Oh, that's
- 16:45so good. Because I realized, so I started working
- 16:48with a coach a couple years ago, and she asked
- 16:52me, Wasia, why do you always try to prove yourself?
- 16:54So we actually went back and I realized it was
- 16:57because of a bad boss I had earlier in my career.
- 17:01So almost everything I was doing was proving
- 17:04that I was worthy because of some things he said.
- 17:08And over a decade later, those things were still
- 17:10affecting me in my work. So Thank you so much
- 17:14for sharing it, because I think we don't realize
- 17:17enough how maybe some of the things in the past,
- 17:21past trauma at work or even in life can affect
- 17:24your life now. So what's your experience? So
- 17:27besides, I learned it through trauma, you learned
- 17:29it through mentorship, but what are other things
- 17:32that helped you move on in your career and grow
- 17:35from whether it's mistakes or something bad happening
- 17:39to you at work or in life? Absolutely. I think
- 17:42First, I just have a personal philosophy. Like,
- 17:45we're all human beings doing our best. And that's
- 17:49at the root of decor. I would tell you, and I'm
- 17:53gonna give a shout out to Everett Taylor, so
- 17:54if he hears this, he'll know that I gave him
- 17:57this credit. But he always said, he was like,
- 18:00assume good intentions. And so that's another
- 18:04way of saying that same thing, which is, and
- 18:07then from there, because we're all human, like
- 18:10I study myself. I spend a lot of time with myself.
- 18:14I do long walks. I meditate. Because if I can't
- 18:19shift and change and know what my habits are,
- 18:24then really it's hard to lead others. And so
- 18:28I think along the years, that's what I've spent
- 18:31most of my time on, which is knowing and learning
- 18:36myself so that I can show up to be the best.
- 18:41version of myself for others. And I believe that
- 18:44creates a more empathetic human being. Knowing
- 18:47yourself, what you're good at, what you're not
- 18:49good at, what your triggers are, it just creates
- 18:53a level of empathy for others because you know
- 18:55what work it is. You know, you're a work in progress,
- 18:57right? I'm a work in progress. Yes. So yeah,
- 19:01I think that's really my biggest, the biggest
- 19:04arc to my career. Spending time with yourself.
- 19:07Wow. Thank you, because I need that. And I remember
- 19:10when we had lunch, you were talking about going
- 19:13to the university of you and studying you. And
- 19:17it just stuck with me. And I've been spending
- 19:19more time with myself away from the not leafy
- 19:23vegetables. It really helped. But it's amazing
- 19:29because people don't realize what being a CFO
- 19:33involves. Right. So what would you say? part
- 19:36of your work as a CFO might surprise people because
- 19:39we tend to think we on our spreadsheet, calculating
- 19:42numbers, and it's so much more than that. Oh,
- 19:45wow. It is so much more than that. And I want
- 19:48to talk about two two ways. I think being a CFO
- 19:51is our surprise someone. So the first is I'm
- 19:54going to make it all human. As a CFO, you work
- 19:58across all functions. Right. And so you are building
- 20:03relationships. with so many different people
- 20:07that you become a bit of a go -to on how to work
- 20:14with that person, right? So think about CFOs
- 20:17role. So I work with you and we're working on
- 20:22how to resource you. We're working on how do
- 20:25we move the company forward together? We're working
- 20:27on decisions that are being made. And so I've
- 20:30learned a lot about how you like to work, how
- 20:33you get work done, and how to put your recommendation
- 20:36to you, how to advise you. And so when you do
- 20:40that across so many people, you then become a
- 20:44person that advises others on how to get work
- 20:47done with others. It's just a natural thing.
- 20:50And over the years, I've had bosses say like,
- 20:52are you serving as an intermediary between function
- 20:56A and function B? I was like, well, You know,
- 20:58guys, I have all the information. So I know function,
- 21:01the sales team and the product team have a gap.
- 21:04And I'm going to bring them together in a really
- 21:07positive way so that product doesn't over commit
- 21:09sales. Right. And so that is really one of those
- 21:13things that is a very concrete way that people
- 21:17probably didn't realize that they were going
- 21:18to be a connector of folks and an advisor of
- 21:22folks. so that you can get to the right outcomes
- 21:24as a business. Wow, and a therapist sometimes
- 21:27too, I feel like. You sound like a CFO. A bit
- 21:32of a therapist as well. It is. The other thing
- 21:36that I would say that really surprised me about
- 21:39the CFO role is how much of this role is not
- 21:44about the numbers at all. It's more about where
- 21:48the industry is going. what the business needs
- 21:52to do to meet it there. So an example could be,
- 21:58you know, Hey, we have, you know, AI, AI is a
- 22:03disruptor and working across the business to
- 22:06understand what AI could mean for us and understand,
- 22:11you know, not only from an investment perspective,
- 22:13but from a strategic perspective, what do we
- 22:16want AI to mean for us? And, and, and then from
- 22:20there, you could talk about what the investment
- 22:22should be in it. But there's a lot of times where
- 22:25you're spending more of your time talking about
- 22:27these disruptors to the business. How do you
- 22:30handle those? Yes, because you have to mitigate
- 22:32risk. And sometimes you feel like risk management,
- 22:36like just stay on the shoulder of the CFO of,
- 22:39okay, guys, yeah, no, we cannot do this, but
- 22:42how can we do it better? So what are some things
- 22:45like in your career you think helped you get
- 22:49to that thinking and operating beyond the numbers?
- 22:52Because yes, the CFO role is so much more than
- 22:54that. But what kind of things prepared you? I
- 22:57know you mentioned digital transformation, but
- 23:00what other things? Oh, wow. A lot of times when
- 23:03you are growing up in the CFO track, you're growing
- 23:07up in the finance world. You hold these FP &A
- 23:11jobs and they almost embed you with a leader.
- 23:17So whether it's as part of the business, like
- 23:20a division, or even sometimes it's just a function,
- 23:23like you're partnered with product or sales.
- 23:26And I would say, study the work, not only the
- 23:30finance part of that, like whether it's, hey,
- 23:32we're gonna have a new product and, you know,
- 23:35can you build out a model that tells me what
- 23:36we think this new product is gonna make? Study
- 23:39how the product function works, how they get
- 23:43their work done, how they partner, and I think
- 23:47the more you can understand each... function
- 23:51of the business, how that function works, and
- 23:54then take that back to what we do. It really
- 23:59prepares you to be an advisor and understand
- 24:03what it takes to do whatever it is you think
- 24:06is necessary to move the business forward. Wow.
- 24:09So looking deeper than just the surface, just
- 24:11the spreadsheet, but really diving deeper into
- 24:14the business. So that makes me wonder, what is
- 24:17your day look like? If I was to shadow you, uh
- 24:20on the monday or tuesday what will i what will
- 24:23i learn what will i see oh wow wow this is a
- 24:27good question i don't see but we're in we're
- 24:30in february so typically at this part of my day
- 24:34i start every day with a bit of a a stand -up
- 24:39so i've started a new role i have a team of people
- 24:42that i'm getting to learn and typically when
- 24:45you come in and you've taken over a new cfo role
- 24:47there's a bit of some fires that need to be put
- 24:50out. And so I like to work, like I said, I like
- 24:53to work collaboratively with others. And I like
- 24:57to be very, I have to be very organized. So typically
- 25:01in the morning, I'll bring folks together to
- 25:05be really clear about anything that is like very,
- 25:10very high priority. do a quick 10 -15 minute
- 25:15marine meeting where I put my team together and
- 25:16go, hey guys, we have these, the auditors are
- 25:20coming in from X time to Y time. How do we prepare?
- 25:26Are we prepared for that meeting? And what should
- 25:30I know? Because I like to be prepared. So I typically
- 25:33start my day with understanding what the highest
- 25:36priorities are. From there, it's a bit of a mix
- 25:42of working with a leader to solve a problem,
- 25:46reviewing where we are against our performance,
- 25:50and then reaching out to folks to better understand
- 25:55what I'm seeing and what we need to do next.
- 25:59And that's just kind of the mixture of what my
- 26:01day looks like. Sometimes it's a fire drill,
- 26:03sometimes it's an urgent call from the CEO. You
- 26:06know, those gotta get handled. But typically,
- 26:09I start off the day, I try to be real organized.
- 26:11be really clear about where my time is needed
- 26:14and how they want me to be input into that. And
- 26:18then from there, like I said, it's a mix of decisions
- 26:21that need to be made and then driving the business
- 26:24forward through what I'm seeing happening with
- 26:26the numbers. And how do you keep yourself sane,
- 26:31like outside of work, like, because there's life,
- 26:34right? And then there is this intense day you
- 26:36just mapped out because yes, February, this first
- 26:39quarter of the year, especially for companies
- 26:41that are calendar based reporting is a tough
- 26:44quarter. So it is a lot, a lot going on. So what
- 26:48helps you stay balanced, stay on top of your
- 26:52game outside of work? Oh, wow, this is a good
- 26:55one. So earlier in my career, I was horrible
- 26:58at this. I spent, I probably spent all day and
- 27:03night working. I don't know if I slept more than
- 27:05five hours a day for the first 10 years of my
- 27:09career. But over time, I realized that, you know,
- 27:12I got married, I have kids, and I want to make
- 27:16sure that my work day, that more days than not,
- 27:21I'm managing the work day in a way where it does
- 27:23not bleed. into my personal life too much. Sometimes
- 27:27it does in month -end clothes or whatever else.
- 27:30If you need to report out results, you got a
- 27:32board meeting, sometimes it does. So first of
- 27:35all is, I set boundaries. I set boundaries at
- 27:39work. And so I do try to not let my work lead
- 27:44too much into my personal life, that's why. From
- 27:46there, all things fitness, all things family.
- 27:51Fitness, family, that's it. So whether it's going
- 27:55out for a run and it definitely is not just physical,
- 27:58but it's also mental, like I said, meditation.
- 28:01And then I'm at a kid's baseball game and I'm
- 28:07at a kid's baseball game, uh, quite, quite often.
- 28:11And so just spending time with my kids and watching
- 28:14them grow reminds me why I do like why I do what
- 28:19I do. to be able to provide a stable life for
- 28:24my children matters a lot for me. I am a first
- 28:29generation born here in America. My family I
- 28:33said before is from Nigeria. So for me to continue
- 28:39to build on while my family moved here and provide
- 28:44that for my children, I'm telling you, it is
- 28:48It gives me so much purpose to my life. Awesome.
- 28:51Wow. That's such inspiring. And I like how you
- 28:55said fitness and family. And I could say for
- 28:57me, it's food and family. But I think we're on
- 29:00the same page on the family side. So that's good.
- 29:05We're aligned. but that's so inspiring because
- 29:09yes you always have to remind yourself why you're
- 29:11doing those things as you're going through it
- 29:13because it can be a lot it can be overwhelming
- 29:16at times but having that anchor always help yeah
- 29:20I had a mentor help me with this as well actually
- 29:23the same one that told me about like don't you're
- 29:25trying to prove yourself you don't need to do
- 29:26that he said said Cindy you got three balls that
- 29:31you're juggling at all times Two are made of
- 29:34glass, and one is made of rubber. Said, your
- 29:39health is one, and your family is one, and your
- 29:43work is one. So there's three balls. Which ones
- 29:47are glass and which one is rubber? And I was
- 29:52like, touche, touche. Yeah, touche right there.
- 29:57Like, which one will you not drop? Which one?
- 30:00He's like, you can never drop them. that health
- 30:03ball, you can never drop that family ball. He
- 30:06says, but you can always come back and pick up
- 30:08your career. And she said, so just make sure
- 30:11that you're thinking about that and you're balancing
- 30:13those things as you grow. That is so true. Cause
- 30:17life be life -ing sometimes. Sometimes you just,
- 30:22it's just a lot going on in life and you have
- 30:25to be able to take a break. you have to be able
- 30:28to take a break to come back stronger, for sure.
- 30:31Absolutely. My last living period, my father
- 30:34passed away in November of last year. Sorry.
- 30:39Thank you. And it was one of those times in life
- 30:43where you go, the world stopped for me, my whole
- 30:46world stopped. And a lot of times you decide,
- 30:50I'm going to push forward, you know, you have
- 30:53something going on personally, people push forward,
- 30:54you go like, that's the professional thing to
- 30:56do. For me, I realized I needed to take a big
- 31:02step back because for the first time I wasn't
- 31:04okay. I think grief in life, we see on LinkedIn
- 31:12and Instagram and all of the social media folks
- 31:14talking about this concept of life, life -lifing,
- 31:20and being honest with yourself around which challenges
- 31:24you could... you could still balance everything
- 31:26with in which challenge challenges require you
- 31:29to take a break. And so for me, when my dad passed
- 31:33away, I knew then my life had been rocked and
- 31:37I needed some time to care for myself and making
- 31:42all of his arrangements, all those things, hardest
- 31:44thing I've ever done in my life. And I'm so proud
- 31:48of myself for taking the time that I needed to,
- 31:52you know, I took I took quite a bit of time off.
- 31:57And I'm proud of myself for taking a step back
- 32:00and going, hey, hey, guys, at this time in my
- 32:03life, I need to focus on me and me being whole
- 32:07so that I can be there for others. Leadership
- 32:11is a lifestyle. Yes. And when you, the lens in
- 32:17which you are living your life will show up at
- 32:22work. And so if you are grieving and you are
- 32:26hurt, you will show up with work with your heart
- 32:28hurt. If you are having a sick parent, you're
- 32:34going to show up with that caregiver's mentality.
- 32:39If you have a healthy marriage, you're going
- 32:42to show up with a healthy relationship. If your
- 32:45marriage is not healthy, then maybe you're going
- 32:47to have trust issues with people at work, right?
- 32:49So relationship is a lifestyle. That's the reason
- 32:54why I said that arc I talked about, know yourself,
- 32:57work on yourself. You have to as a leader because
- 33:00you really do need to be whole and healthy in
- 33:03a good, especially in a really healthy mental
- 33:06place so that you can show up with the energy
- 33:10that accompanies, the energy that your team needs
- 33:14and with the soundness that a company needs for
- 33:18you because they bestowed their trust in you.
- 33:20Yes. Yes. Oh my God. You're bringing back memories,
- 33:24because unlike you, I didn't take a break, unfortunately,
- 33:27when my dad passed away. And I thought I could
- 33:30push through. I thought that the world had to
- 33:32keep going. I could do it, only to break down
- 33:35months later. So I didn't fully recover. And
- 33:40it's something we don't always make space for
- 33:43in our organizations, right? We give a three
- 33:46-day bereavement. Hope you make it. See you next
- 33:49week. And it's just not easy because like you
- 33:54said, as leadership is a lifestyle, if you're
- 33:56not okay internally, you're going to be a bad
- 33:58boss. Even if you were great, you're going to
- 34:00make somebody pay for it. That's right. You know,
- 34:03the stage you're in. That's right. It's so true.
- 34:06We're human beings and that's why it's full circle.
- 34:10We are human beings first and I always say we
- 34:15bring our whole self to work and that's what
- 34:17makes work awesome, right? like your whole self
- 34:21to work and you get to see people's passion and
- 34:24talents and we all come together to do amazing
- 34:26things and in the company to the company's benefit
- 34:29wow thank you so much oh my god i have one last
- 34:34question before i forget because Yes. What you
- 34:38say resonates so much with me. What would you
- 34:40say are some of the things that the next generation
- 34:43of finance leaders should be mindful of or should
- 34:45be intentional about working more, especially
- 34:48in today's fast changing technology, AI. I mean,
- 34:53it's a lot going on. How do you think they can
- 34:55better prepare themselves for roles like CFO,
- 34:58just being a business executive? Oh, wow. A couple
- 35:02of things. I'll take it from like a very literal.
- 35:05in a very literal way, we need to train our finance
- 35:09teams on how to integrate with the ever -changing
- 35:14world of technology. And that's just from our
- 35:17perspective, performing the finance work. So
- 35:20that's first. CFOs, work with your team, get
- 35:24them training for AI. I gotta tell you, I was
- 35:27in the most awesome meeting with one of my lead
- 35:32accountants. And we were looking at, I mean,
- 35:37I'm new to my new role, right? So I'm going deep,
- 35:39right? I'm looking at a prepaid account. Are
- 35:42we making sure the financials are sound? And
- 35:45we used AI to build a whole schedule that we
- 35:49can use to prepare all of these journal entries.
- 35:53And to watch her do it, I was like. I was like,
- 35:57I am no longer needed in this meeting. I was
- 36:01so proud of her. So when I say teach, making
- 36:04sure that we're enabling our teams to work with
- 36:09the latest technology is so important. They won't
- 36:12get left behind, but so that our functions are
- 36:15not getting left behind how technology is evolving.
- 36:20And then the other space that I would say is
- 36:23get comfortable with industry disruptors. If
- 36:29you looked, you could look 100 years ago, if
- 36:32you look at like the cycle of economic turmoil,
- 36:35there's going to always be like, kind of a some
- 36:37recessionary conditions that occur. And it used
- 36:41to be like 20 years. Then it went to 10 years.
- 36:46Now it's like every five to seven years, you're
- 36:49seeing some economic turmoil happening. What
- 36:52was driving that? It's disruptors. It's the pace
- 36:55of innovation. And so if I were talking to a
- 36:59group of CFOs, which I do all the time, I say,
- 37:02what are your industry's disruptors? And how
- 37:06do you stay with your ear to the ground so that
- 37:08you know what those are, so that you can prepare
- 37:11companies for the inevitable disruption that
- 37:14will occur? Love it. Love it. Well, thank you
- 37:17so much, Sindy, for being on the show. I really,
- 37:19really, I can't even say how much I appreciate
- 37:22your time, your insight, your wisdom that you
- 37:25shared with me. Thank you. Thank you. Pleasure
- 37:28is mine. And that's it for today's episode of
- 37:31the Diary of a CFO. Thank you so much for tuning
- 37:34in. If you enjoyed the show, don't forget to
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