Financial Management (FM) magazine

Arif Ahmed, ACMA, CGMA, Ph.D., author of Quantum Finance: The CFO's Survival Kit for an Uncertain World, joined the FM podcast to discuss the relationship between quantum theory and corporate finance. 
Ahmed explains why financial models are hindered by mindset, strategies for rethinking financial modelling and risk management in an increasingly interconnected era, and how finance professionals can use technology to emulate quantum principles in financial models.
"If I may use a quantum thought process, things move in small bits, but overall, once they speed up, when they start moving other things, it can create a huge wave on the shoreline," Ahmed said. "The stimulus may not necessarily be very big, but because of one stimulus, because of the interconnection, somewhere else there's another stimulus that comes around. And if those waves join together, they may also offset each other, or they may also join hands together. And when they join hands together, that can be massive."
What you'll learn from this episode: 
Why Ahmed believes quantum principles are relevant to finance professionals today.
Some reasons that traditional financial models can fall short in today's market.
Why uncertainty is not a problem that models and leaders can eliminate.
Considerations for preparing for unexpected business outcomes.
Why technology will not replace finance professionals' role in this unpredictable era.

Devya Athwal, founder of Athwal Resourcing & Coaching, is scheduled to present two sessions at ENGAGE UK & Europe, 13–14 October in London. Athwal returned to the FM podcast to discuss the mindset shifts that help finance professionals become more resilient and adaptable in the face of uncertainty, why professionals don't need a leadership title to be strategic, and tips for improving task prioritisation when demand exceeds capacity.
"I think there's a myth that strategic thinking is only for the CEO and the top board," Athwal said. "You don't have to wait for that title to be strategic. You can start by asking better questions, stay curious, and really have the courage just to step into whatever you want to do."
Athwal spoke about how accountants can "dance with the fear" in a 2024 episode.
What you'll learn from this episode:
What changed Athwal's relationship with fear.
Five small steps that strengthen resilience and adaptability.
Why being overly analytical can make it harder to navigate uncertainty.
What skills can help finance professionals advance their careers.
Techniques for improving task prioritisation — including a simple, two-letter word.

CIMA president Alfred Ramosedi, FCMA, CGMA, detailed the competencies that finance professionals need to navigate AI and how to transform "suffering" into growth and opportunity.
Ramosedi, also the co-chair of the Association of International Certified Professional Accountants and the CEO of Bayport Financial Services, joined the FM podcast to discuss the skills management accountants should prioritise, the core values and lessons that shaped him as a leader, and how different generations can work together to progress the finance function.
In the conversation, Ramosedi emphasised the importance of "suffering properly" and what he means by that. He also discussed future-proofing his company's business model during a time of disruption and why AI is changing the role of finance — not replacing finance professionals.
"Don't suffer and then you get through the suffering and there's nothing positive that you can show for it," Ramosedi said. "If you suffer, suffer properly, and learn from it and do something."
What you'll learn from this episode:
§
Three emerging trends management accountants need to prepare for.
Why finance professionals can't "jump to AI" without first learning technical skills.
The value of reverse mentoring as emerging technologies take hold.
Ramosedi's recounting of a "humble" upbringing and his motto related to personal responsibility.
Lessons from the COVID-19 pandemic that helped Ramosedi transform disruption into opportunity.
Why AI will not replace people.

In this podcast episode, FM editor-in-chief Oliver Rowe summarises the content in the August digital edition of the magazine.
Rowe details an article that discusses the history of business jargon, when it should be used, and when it should be avoided. He also shares details about several articles related to artificial intelligence, including one on how AI is changing early career paths for finance professionals.
He also shares details on a technical article with the headline "Why Time Matters in Carbon Accounting".
Rowe closes with a summary of leadership columns and an explanation of how members can access the current edition and the library of past editions.
What you'll learn from this episode:
Highlights of an article about business jargon, including a mention of where some terms originated.
Details of the August edition's leadership columns, including the debut column of the new CIMA president, Alfred Ramosedi, FCMA, CGMA.
A mention of a practical article for finance professionals with the headline "What It Takes for a CFO to Lead Operations and Tech".
Rowe's reminders on how members can access the digital edition.

In this podcast episode, FM editor-in-chief Oliver Rowe summarises the content in the August digital edition of the magazine.
Rowe details an article that discusses the history of business jargon, when it should be used, and when it should be avoided. He also shares details about several articles related to artificial intelligence, including one on how AI is changing early career paths for finance professionals.
He also shares details on a technical article with the headline "Why Time Matters in Carbon Accounting".
Rowe closes with a summary of leadership columns and an explanation of how members can access the current edition and the library of past editions.
What you'll learn from this episode:
Highlights of an article about business jargon, including a mention of where some terms originated.
Details of the August edition's leadership columns, including the debut column of the new CIMA president, Alfred Ramosedi, FCMA, CGMA.
A mention of a practical article for finance professionals with the headline "What It Takes for a CFO to Lead Operations and Tech".
Rowe's reminders on how members can access the digital edition.