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Emilia Sima

CFO at Practising Law Institute

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Are you happy in your current role?

People & Leadership Talent Management & Performance

Yes

Unsure

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32k views18 Upvotes16 Comments

What percent of your IT leadership is women?

People & Leadership

5-9

10-14

15-20

20+

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10k views7 Upvotes6 Comments

What are the most common uses of Virtual/Augmented Reality in your company?

Augmented & Virtual Reality (AR/VR)

Skills training

Accident prevention training

Product design

Building information modeling

Tool for customer-facing staff

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10.5k views3 Upvotes2 Comments

Do you have remote employees on your team?

Talent Management & Performance

Yes

16.4k views7 Upvotes7 Comments

Which of these teams in your organization has the largest budget?

People & Leadership Strategy & Architecture Financial Management

Technology

Marketing

Operations

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10.8k views4 Upvotes1 Comment

How much of your organizations budget goes towards new technology?

Strategy & Architecture Financial Management

<1-2%

3-5%

>5%

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10.9k views7 Upvotes5 Comments

How long have you been in your current position?

People & Leadership Talent Management & Performance

<1 year

1 - 2 years

2 - 3 years

3 - 5 years

5+ years

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9.6k views2 Upvotes3 Comments

What do you do with unsolicited vendor gifts?

People & Leadership Financial Management Vendor Management

Keep it

I never accept them

Donate it

Depends on the dollar amount

Other (leave a comment)

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23.7k views10 Upvotes35 Comments

How useful is your LinkedIn feed to you as a professional?

Productivity Tools

Very useful

Useful

Not very useful

Other (write a comment)

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6.6k views1 Upvote7 Comments

Which tech company would you be most proud to work at?

Culture & Values

Facebook

Google

Amazon

Tesla

Other (please comment)

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14.2k views8 Upvotes26 Comments

Can anyone share ideas/experiences on how to build a Nonprofit Cybersecurity Risk Management Framework?

Peer Insights Feedback Financial Management+5 more

Emilia SimaCFO at Practising Law Institute10 months ago

Nonprofit business or nonprofit framework?
Anyway, build it on open source.

2 1 Reply

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837 views1 Upvote4 Comments

Does anyone have any suggestions for benchmarking financial advisory firms or available data that I could tap into? Advice is appreciated as I'm beginning to prepare for an RFP process.

Peer Insights

331 views2 Upvotes

Is executive compensation too high today? What metrics should be used to determine C-level pay, beyond financial performance?

Culture & Values Team & Organizational Design Internal CXO Relationships+1 more

Emilia SimaCFO at Practising Law Institute3 months ago

OG Anunoby just signed a 5 year $212M contract with the Knicks. Was that too high? In some ways, yes, that is a ton of money to play a game. However, there is high demand and low supply of people with his skill set so that's ...read more

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1.8k views3 Upvotes3 Comments

If someone wanted to become a corporate controller, what skills would you tell them to master (besides being the best accountant they can be)?

Finance Financial Management Personal Development+1 more

Emilia SimaCFO at Practising Law Institute3 months ago

By far the best skill for upper level accounting roles is communication. You will not only need to make the right accounting decisions but explain them to auditors, executives and potentially regulators. The ability to communicate ...read more

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594 views5 Comments

What do you think is the biggest mistake leaders make during their mid-tenure (approx 2-5 years in their roles)?

Internal CXO Relationships Personal Development Feedback

Emilia SimaCFO at Practising Law Institute3 months ago

Moving too far away from the voice of the front line sellers. Their opinion's matter and staying close to their perception beyond impersonal employee engagement surveys remains important to have a pulse on what is really ...read more

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1.2k views2 Upvotes7 Comments

Besides people, process, and technology, what are the key mindset or cultural shifts that need to happen within a team for finance transformation not to fail?

Business Applications People & Leadership Finance

Emilia SimaCFO at Practising Law Institute7 months ago

It's imperative to gain full buy-in from the beginning. If there are individuals attempting to undermine the project, it can be detrimental to the overall success. Early buy-in can be used as fuel to keep the project ...read more

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87 views5 Comments

What role should other finance leaders play in finance transformation efforts, beyond just supporting the CFO’s vision? What role should other leaders across the business play?

People & Leadership Finance

Emilia SimaCFO at Practising Law Institute7 months ago

Leaders within the accounting and finance departments should serve as liaisons to the business departments. Traditionally, accounting and finance are supporting functions, and it's crucial to remember this during transformation ...read more

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1.5k views3 Upvotes5 Comments

What is one question that should be asked before starting a transformation journey?

People & Leadership Finance

Emilia SimaCFO at Practising Law Institute7 months ago

Before embarking on a transformation journey, it is crucial to engage with each business unit leader. Ask them about their specific pain points when it comes to finance. Is it viewed as just an exercise? Are they constantly ...read more

2 1 Reply

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307 views1 Upvote4 Comments

As finance transformation is often a multiyear endeavor, how do you sustain momentum and energy to achieve your long-term objectives?

Business Applications Finance People & Leadership

Emilia SimaCFO at Practising Law Institute7 months ago

The key to sustaining momentum in a multiyear finance transformation is to keep the goal of the transformation at the forefront. The benefits and objectives of the transformation should be clear and communicated regularly. ...read more

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3.5k views3 Upvotes6 Comments

As a finance leader, what is the best approach to leading (or…let’s be honest, maintaining control over) technology delivery, while remaining in step with the CIO/IT team?

Peer Insights Business Applications Finance+1 more

Emilia SimaCFO at Practising Law Institute7 months ago

For a finance leader aiming to maintain control over technology delivery while aligning with the CIO/IT team, leveraging a single ecosystem like Microsoft's offers a strategic advantage. The Microsoft ecosystem, encompassing ...read more

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126 views1 Upvote5 Comments

How do you align the rest of the C-suite and leadership with the finance transformation roadmap? How does this differ from marshaling other leaders within the business (e.g., HR, sales, marketing, etc…)?

Peer Insights People & Leadership Finance

Emilia SimaCFO at Practising Law Institute7 months ago

In my view, it's crucial not to treat finance any differently. As the finance team, we are the stewards of the overall investments that we select for the business. It's important to govern our investment process with ...read more

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91 views5 Comments

What new roles, if any, are required for a digitally focused finance function? Where do you draw the line between simply adjusting current responsibilities and creating new roles?

Finance Peer Insights Business Applications+1 more

Emilia SimaCFO at Practising Law Institute7 months ago

Attracting and retaining talent is challenging nowadays. We try to leverage technology by subscribing to a few SaaS applications. These applications come with a lot of tutorials and online videos, and we have great people ...read more

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197 views1 Upvote4 Comments

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