Diary of a CFO | Financial Strategies for Smart Business Growth

Why Transformation Programmes Fail | Zhanna Zhuravleva | Diary of a CFO

September 11, 2026·1h 14m
Episode Description from the Publisher

Most transformation programmes fail because the organisation is quietly protecting the very thing you are trying to change.Cop a copy of my new book NOW: ⁠⁠https://ademolaodewade.com⁠⁠Turn transformation experience into paid advisory work — Ethos (paid link): ⁠⁠https://agent.askethos.com/refer/nd01w7e2eelw⁠⁠AI labs pay highly-skilled experts — Mercor (paid link): ⁠⁠https://t.mercor.com/neABb⁠⁠Build the culture diagnostic deck in minutes — Gamma (paid link): ⁠⁠https://try.gamma.app/f2d4kygskm1h⁠⁠Zhanna Zhuravleva grew up in Georgia and lived through war as a child, then built her career across Russia, Israel and the UK. She completed two master's degrees — finance and human resources — followed by postgraduate study, and taught finance, management and philosophy at a university in St. Petersburg. She started in industry as a Kaizen team leader and went on to lead HR and cultural transformation across organisations of more than 1,000 people in 40 countries. She is a Chartered Fellow of the CIPD, has run over 3,000 sessions with leaders, and founded Awake Conscious Play, a school of conscious leadership and leadership transformation.Early in her career she ran a textbook transformation — designed framework, defined KPIs, strong governance. Six months later almost nothing had changed. The organisation was not governed by its processes; it was governed by informal power. Everything since has been built on that finding. The 30% improvement in employee satisfaction and 10% reduction in turnover she reports came from no single initiative — a culture hub that put interns and juniors into the improvement process, people partners trained in coaching, and one-to-ones where the feedback actually changed the next decision.In this episode:Change fluency — why transformation is not a project with a start date and an end dateThe "inner game": why a fintech's people-first programme stalls because the tension is giving leaders their identityThree signals that tell you inside a week whether a culture is healthy — quality of disagreement, speed of bad news, and the gap between the official story and the underground storyDiagnosis before prescription: the first 30 days run across Ken Wilber's four quadrants, not a rush to launch programmesThree types of values — declarative, conscious, unconscious — and which layer actually decidesWhy Meta making AI token consumption a performance metric produced engineers burning tokens instead of better decisionsWEF Future of Jobs: 170 million roles created against 92 million displaced — recalibration, not replacement"AI is electricity with intelligence" — why this is an electricity moment rather than an internet oneThe 4D Compass for building trust: self, soul, soft, spiritWhy engagement surveys measure compliance — a purple, tribal culture scores high on engagement and low on trustWhat she protects if the HR budget is halved: leader development, and a culture diagnosis every yearThe mistake founders make at 100 employees — still leading as though there are 20Zhanna's recommendation for every CEO is Spiral Dynamics by Don Beck and Christopher Cowan. Her conscious leadership programmes — including Lila, the transformational game she has adapted for leaders and runs offline and online — are at: ⁠⁠https://awake-play.co.uk/⁠⁠Upcoming cohorts: ⁠⁠https://awake-play.co.uk/upcoming⁠⁠ Connect with Zhanna on LinkedIn: ⁠⁠https://www.linkedin.com/in/zhanna-zhuravleva-chartered-fcipd-03a0a622a/⁠⁠Hosted by Ademola Odewade — chartered accountant, author of Human-Led, AI-Powered Finance (foreword by Professor Dave Ulrich), and Founder of K-Dems Consulting.The King Dems Podcast. Growth Mindset, Leadership, AI and Business Insights. Ranked in the global top 2% of podcasts.Diary of a CFO. Finance leadership, unfiltered. Ranked in the global top 2.5% of podcasts.This description contains paid links. We may earn a commission a

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