{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Quantum finance lessons on risk and uncertainty","description":"Arif Ahmed, ACMA, CGMA, Ph.D., author of Quantum Finance: The CFO's Survival Kit for an Uncertain World, joined the FM podcast to discuss the relationship between quantum theory and corporate finance.  Ahmed explains why financial models are hindered by mindset, strategies for rethinking financial modelling and risk management in an increasingly interconnected era, and how finance professionals can use technology to emulate quantum principles in financial models. \u201cIf I may use a quantum thought process, things move in small bits, but overall, once they speed up, when they start moving other things, it can create a huge wave on the shoreline,\u201d Ahmed said. \u201cThe stimulus may not necessarily be very big, but because of one stimulus, because of the interconnection, somewhere else there\u2019s another stimulus that comes around. And if those waves join together, they may also offset each other, or they may also join hands together. And when they join hands together, that can be massive.\u201d What you\u2019ll learn from this episode:  Why Ahmed believes quantum principles are relevant to finance professionals today. Some reasons that traditional financial models can fall short in today\u2019s market. Why uncertainty is not a problem that models and leaders can eliminate. Considerations for preparing for unexpected business outcomes. Why technology will not replace finance professionals\u2019 role in this unpredictable era. ","author_name":"Financial Management (FM) magazine","author_url":"http:\/\/fmmag.libsyn.com\/fmp","html":"