Building financial confidence and becoming more adept at financial discussions is a valuable skill that can significantly enhance your career as an executive. Here are some additional tips to help you achieve these goals:
Remember that it's okay to acknowledge your limitations and seek help when needed. Your willingness to learn and improve your financial understanding will not only benefit you but also your company, as you'll be better equipped to make decisions that positively impact on its financial health.
For leaders who are responsible for profit or loss of the company/division, it is crucial for them to improve their financial understanding of numbers and story between the numbers so they can be more confident in the meetings with board. Building financial confidence is a gradual process, you can gain confidence and understanding needed to make informed decisions and lead effectively in your financial or P&L role. So, stay persistent and keep pushing yourself to learn and improve. Over time, your enhanced financial acumen and confidence will indeed propel your career forward.