Ep 31 Keep It Simple No Matter How Smart You Are

Enjoy this episode

Meet Mark:

Joined GE’s Healthcare Financial Services business, became CFO in 2014.  He led the organization through a host of changes over the past 4 years.  New tax laws, lease accounting changes, revenue recognition rules, and the sale of GE Capital all impacted his business.  He had to set up new business processes and international finance/accounting teams as the support infrastructure was sold.

Started Supporting Strategies Milwaukee Franchise in 2018.  It allowed him to help his hometown business community with the skills he built over the past 20 years and not have to worry about someone “in Corporate” making bad decisions to ruin his day.  Every day he gets to learn about a new business in the Milwaukee area and he gets to see his kids most nights.

Mark has been married to Jennifer for 4 years, they have 2 kids and a dog.  He enjoys playing overcomplicated strategy boardgames, lifting big heavy things in the weightroom, kayaking, brewing beer, and smoking meat.

Get in touch with Mark

Web Site Supporting Strategies

LinkedIn

My favorite takeaways from this week’s episode:

  • Keep it simple, no matter how smart you are, there are limits to your time
  • No plan survives first contact with the enemy, have a few ideas of what you’re going to do if something bad happens
  • Know what is important to you – what gets measured gets improved, don’t bother measuring things you don’t care about, make sure you have accurate, timely information on the things that matter
  • Be open to change and constantly learning – what got you here will not get you there.
  • A good finance/accounting professional is a businessperson first and an accountant second.

Recommended Book:

Blink: The Power of Thinking Without Thinking

When Genius Failed: The Rise and Fall of Long-Term Capital Management

The Pursuit of Glory: The Five Revolutions that Made Modern Europe: 1648-1815 (The Penguin History of Europe)

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2 Comments

  1. Mark C Schanen on 01/09/2019 at 11:23 AM

    Rob, thanks a lot for interviewing me for your podcast series, it was a lot of fun.

    • Robert Kochanski on 02/17/2019 at 1:18 PM

      Thank you for sharing your story. You have a lot to offer. RK

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