The Savannah Bananas CFO explains that the job isn't just accounting. In a fast-growing entertainment company, you move with 80% of the information and adjust if needed. The real work is supporting the teams around you.
What are some of the misconceptions you hear? What do people picture your job being a CFO like, or you hear people talking about? Then we'll talk about what you really do.
So misconceptions are that it's fun every day, all day. They also think that we do the same thing every day, right? Because from the accounting and finance perspective, you're like, oh, accounting and finance, you can do it anywhere. That's true. But there's so many moving parts in an organization like this. And by the way, this is any entertainment organization. It's not just a Savannah Bananas. But the Savannah Bananas, it just happens to be we're in hypergrowth mode. So every decision we make, it's an 80/20 decision. Do we have 80% of the information? All right, make the decision. Oh, it didn't work. Okay, come back, pivot, go. It's very fast and we experiment, we test, and if it doesn't work out, then fine, pivot, go the other way. What we're trying to do is have the most efficient approach to really putting the best show that we can out there for the fans. And all the while, my job internally is to make sure the internal fans, HR department, the creative department, the Bananas Television department, all the people that I would consider my internal fans, I need to make sure that they can be successful.
Trust and Leadership Lessons for FP&A From 100+ Top Leaders with CFO Jon Laudie
