They say that Hans Christian Andersen's story "The emperor's new suit" has a Spanish origin and that even in the work The altarpiece of wonders There is a very similar story about Cervantes; Let's remember her a little.
An emperor who was uncomfortable with the clothes he had to wear is visited by two bandits who make him believe that they have a suit so light that it is invisible. By making gestures that they have it in their hands, they manage to get the emperor to take off his clothes and put on the new suit in front of his astonished subjects who do not dare to say anything to him.
Finally he goes out to a parade completely naked until a child shouts that the emperor has no clothes, to which he has no choice but to continue marching with a proud face.
Moral
"No one wants to tell the truth to someone in power or worse still, no one wants to tell them that they are being lied to."
Solve bad results in time
This happens in many organizations with areas obliged to provide information on the results and describe the company's situation like an x-ray; They are afraid to say that the company is going through bad times or that the expected results are not being achieved. But the worst thing about this is that the more time passes in facing crises and negative figures, the more damage is done to a company since any change will always take time (and more time the larger the business). Of course, during this period, some won, like the swindlers in the story who told the emperor that they had the ideal suit that was lighter than silk, so much so that it could not even be seen.
It is therefore vital that the areas that provide information for decision making know be clear and sincere with your board, council or management committee and in this way understand that Your role is to tell the truth., no matter how hard it is and no matter how much it affects others in the company.
Prepare from a master in Financial Management or a postgraduate degree must mean acquiring the skills to have the correct photograph of the moment, but also having the integrity, ethics and ability to communicate results no matter how adverse these may be.
For this reason, it is very important to know how to communicate and present in an assertive manner the results and analyzes obtained from areas such as the financial, the accounting and the commercial, because it is not about shouting out loud that everything is bad, like the child in the story who in his innocence shouts in the middle of the emperor's parade: He is naked! -It must be remembered that the emperor raised his head and continued parading proudly, showing his nakedness to all the people.
Financial management competencies
Precision, truthfulness and assertive communication are competencies that every member of financial or support management must have so that their company do not parade naked before shareholders, clients and suppliers with the results that this may have.
