When presenting billions in board meetings, stop showing down to the penny. Round to material figures like $3.12 billion so decision-makers can actually process what matters instead of drowning in irrelevant detail.
Board presentations where you have a multi-billion dollar balance sheet presented down to the nearest penny. An input that's not material, or we're worried about it, like you said, to a level of precision that doesn't really make a difference. It drives me crazy. Why? Yes, it's got to balance in the system. But when I show 12 significant digits, the brain shuts down. It takes extra discipline on the part of the decision maker to filter it down to what's really meaningful. Show it at $3.12 billion. That's what they need to know.
Trust and Leadership Lessons for FP&A From 100+ Top Leaders with CFO Jon Laudie
