CFO THOUGHT LEADER

832: Achieving a Holistic View | Kate Bueker, CFO, HubSpot


Listen Later

When Kate Bueker first left the world of investment banking for a corporate finance role, she was ready to savor the fabled congruity that a business finance career often offers.

“I felt that what would be more interesting and motivating to me would be more consistent,” recalls Bueker, who shortly after joining Akamai Technologies in 2007 became the first business finance executive to become “embedded” with the technology company’s network team.

“At the time, Akamai’s cost of goods sold—which was mostly their network costs—was growing faster than revenue, so the CFO at the time asked me if I could like figure out what was going on, or ‘what was driving this,’” explains Bueker, who reports that she and her team quickly zeroed-in on the company’s spiraling co-location costs, the fees being paid to operate the physical facilities that housed the company’s network servers.

“We worked together on an operational change that would basically rebuild the existing co-location facilities and free up capacity from within the space that we were already paying for—and it ended up that we did not add another dollar of co-location fees for the 2 years following this change,” comments Bueker, whose nine different future business partnering activities at Akamai ended up involving both the product engineering and go-to-market sides of the business.

“What makes these different parts of the organization successful is a bit different—and the personalities and perspectives are a bit different—so the holistic view was something that became increasingly valuable to me,” remarks Bueker, who today assumes a similar vantage point when reflecting back on the personalities and perspectives that once populated her investment banking days.

“As with many roles, over time mine transitioned to one that determined more by relationship management and sales,” observes Bueker, who notes that she came to realize that while she excelled at financial analysis and the negotiation aspects of being an investment banker, she was not always “a comfortable salesperson.”


Says Bueker: “I think that the irony of the whole thing is that as you get more senior in your career, your success is more about partnering across the business and influencing people outside of your core area, which—when you step back and think about it—is really sales after all.” –Jack Sweeney 

...more
View all episodesView all episodes
Download on the App Store

CFO THOUGHT LEADERBy The Future of Finance is Listening

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

117 ratings


More shows like CFO THOUGHT LEADER

View all
Accounting Best Practices with Steve Bragg by Steve Bragg

Accounting Best Practices with Steve Bragg

256 Listeners

Masters in Business by Bloomberg

Masters in Business

2,168 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

512 Listeners

PwC's accounting podcast by PwC

PwC's accounting podcast

181 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

174 Listeners

Founders by David Senra

Founders

1,802 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,293 Listeners

Workplace Champions by Brett Knowles & Jack Sweeney

Workplace Champions

30 Listeners

M&A Science by Kison Patel

M&A Science

124 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,964 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

174 Listeners

CFO Weekly by Personiv

CFO Weekly

42 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

336 Listeners

Planning Aces by Brett Knowles & Jack Sweeney

Planning Aces

1 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

81 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

140 Listeners

Moneywise by Hampton

Moneywise

646 Listeners