KEYNOTE Financial Agility Talks

Respond to Economic Uncertainties Smarter, Faster and Stronger

We surveyed more than 2,000 executives and senior managers in more than4400different companies. As a result of this study, we identified "four critical moments" common to every organization that predict with extreme precision how well and how quickly an organization will respond to economic threats.

Firms that did well in these moments responded 5X faster to economic uncertainty than their peers, and were 10X more likely to make decisions that would contribute to the future success of the company, rather than make cuts that would harm its future.

These four moments of conversation are:

1. Debate, Hesitation and Denial - In these moments, teams that disagree about the financial situation cannot discuss effectively. Managers' decision-making effectiveness is reduced, which delays the response time to the crisis.

2. Non-Discussable Taboos - Even if managers are aware of some potential savings and reduction opportunities, in these moments, teams prevent these topics from being discussed and brought up as they are taboo for the company.

3. Silent Disagreement - After difficult decisions are made, some team members do not follow them. These moments occur when managers and other team members do not hold them accountable and remain silent.

4. Irrational Destruction - These moments occur when the above three moments are not managed well. The crisis deepens and managers who believe they cannot trust their teams demand far-reaching cuts instead of making wise savings.

Companies that practicedthese conversations well:

• Reacted very quickly to economic downturns and uncertainties.
• They found opportunities for tens of millions of dollars in additional savings.
• They avoided the political and defensive behavior that has set other companies back .

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This fast-paced, hands-on session shows how these four critical conversations profoundly impact resilience and responsiveness in teams and organizations. Participants will learn how to step into these critical conversation moments to improve their organization's financial agility.

Inspiring Speaker: Bahar Sen

Duration: 1 - 3 hours

Participants From General to Management level

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