How can you get your managers to take ownership of their financial impact of their decisions and enter the financial conversation? The answer is a simple four-word question. […]
Read More… from Four Words That Will (Finally) Make You Part of the Financial Conversation
Finance is an “F” word to most managers. They think of finance as a technical skill that must be mastered before earning a place at the table. It doesn’t have to be that way. […]
Herding cats is crazy hard. But that’s nothing compared to your challenge of managing your managers to row in unison. Use your Company’s GPS. […]
Some numbers are about the PAST. Other numbers are about the FUTURE. Never the ‘twain shall meet. When you learn the difference, it’ll be an “ah ha” moment. […]
If you’re a manager of managers, you probably want your managers to have a clear understanding of how your company makes money before they make their decisions. So, how DOES your company make money? […]
Read More… from How Your Company Makes Money – What They Don’t Tell You in Business School
All companies require periodic reporting, usually with explicit guidelines on content. But what your managers might not realize is that are unspoken expectations when they report. […]
Accounting is about the past. Value is about the future. Learn what can happen when the Accounting “Cart” leads the Value “Horse.” […]
Read More… from Don’t Put your Accounting “Cart” Before your Value “Horse”
Amazon made no PROFIT until three years ago and yet its VALUE is over a trillion dollars. Learn how they never confused PROFIT for VALUE. […]
While useful for external valuation of the overall company, the financial statements are not granular enough for making project or program level decisions. So what information should be used for decisions? […]
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