The CFO's Guide to Staying Calm in a Chaotic World

Finance leaders face a tough job. They deal with constant changes and high stress. But what if the key to success isn't just about crunching numbers? What if it's about mindset?

A recent conversation with Chikako Tyler, COO at California Bank & Trust, shed light on this. She's not your typical finance executive. She's more of a Zen master in business. Her approach is fearless and curious. She knows things change fast and that's okay.

What Can Finance Leaders Learn from Zen?

Three main ideas stand out: acceptance of change, focus on the present, and keeping a cool head.

1. Acceptance of Change

In finance, things are always shifting. Stock prices go up and down. Markets change. A good CFO knows this and adapts quickly. They don't cling to old strategies or panic during downturns.

2. Focus on the Present

Mindfulness helps leaders make better decisions. It's about seeing data for what it is, not getting caught up in emotions. This leads to clearer, more rational choices.

3. Keeping a Cool Head

Equanimity means staying calm under pressure. It's about sticking to long-term plans, even when others panic. This stability helps the whole organization.

The Power of Routine

Routine is also important. Daily tasks, like reviewing reports, can be seen as rituals. They help build discipline and mindfulness. Instead of seeing them as chores, finance leaders should value these moments.

Conclusion

In the end, Zen offers a fresh perspective for finance leaders. It's not about religion. It's about a mindset that can help navigate the chaos of the financial world. The storms will come. The question is, will you be ready?