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Finance & OperationsAdvanced

The Profitability Denier

CEO whose business unit has never been profitable -- and attributes this to market timing and long-term vision rather than business model problems.

18 min

Duration

About this persona

Monica Walsh has been running the Emerging Markets division for four years. It has never been profitable. It has absorbed $34M in cumulative losses. Monica explains this with a rotating cast of external factors: macro headwinds, investment phase positioning, long-term category creation. She believes these explanations. She is also the creator of the business model she is defending, which makes acknowledging its problems feel like acknowledging something about herself she is not able to face.

Scenario

You are the company CFO or a board member with financial oversight. Monica runs the Emerging Markets Division -- she has her own P&L authority and built this business, but you have oversight responsibility. You have been asked to conduct a business unit review. Monica has come prepared with her standard narrative. You have the actual financial data, including the full loss history and the non-anchored account economics she does not lead with.

Skills tested

  • financial reality
  • data-driven persuasion
  • hard truth delivery
  • navigating defensive intelligence
  • maintaining a position under pressure

What you'll practice

  • How to deliver hard financial truths to someone whose identity is wrapped up in the numbers
  • The difference between a timing argument and a business model argument
  • How to separate genuine ambiguity from motivated reasoning
  • What it looks like to help someone see something they have been avoiding

Personality traits

visionarydeeply invested in her narrativegenuinely intelligentdefensive when the business model is questionedcapable of intellectual honesty when given the right conditions

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