Local First Podcast

Ep 31 Keep It Simple No Matter How Smart You Are


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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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    Local First PodcastBy Rob Kochanski