Category Archives: Uncategorized

Effective Financial Management

Effective Financial Management

Healthy bank account, healthy business, right?
Taking this approach to your company’s finances opens you up to a significant blind spot, preventing you from forecasting debt and preventing effective business management.
With a simple two-step approach, you can find financial stability, avoid or overcome debt and manage your company’s long-term health with effective financial management.
Discover how to better manage the financial aspect of your business in our latest blog, the final instalment of my series on business blin spots.

Financial Performance Monitoring

Financial Performance

One of the most dangerous blind spots is the one staring you right in the face, and this can be true of your weekly management meetings.
Not managed effectively, your weekly management meetings can be an arduous obligation at best; at worst, they can be a complete waste of time. My latest blog, part three in my series on Business Blind Spots, looks at how, with a little bit of planning, you can supercharge them to become the thriving pulse behind every aspect of your business.

The Risk in Disregarding Weekly Management Meetings

Management Meetings

One of the most dangerous blind spots is the one staring you right in the face, and this can be true of your weekly management meetings.
Not managed effectively, your weekly management meetings can be an arduous obligation at best; at worst, they can be a complete waste of time. My latest blog, part three in my series on Business Blind Spots, looks at how, with a little bit of planning, you can supercharge them to become the thriving pulse behind every aspect of your business.

Creating Collaborative Accountability

Collaborative Accountability

Accountability is an essential part of your financial operation. But if roles aren’t clearly defined and the company vision not regularly articulated, significant blind spots can emerge in your team’s understanding of accountability.
In our latest blog – part two in our five-part series on business blind spots – we focus on the importance of collaborative accountability. By collaborating with your staff members, outlining their responsibilities and ensuring that your financial structure is shared by everyone, you prevent blind spots caused by neglect, misunderstanding and lack of awareness.
Every staff member should be held accountable for their tasks and obligations, but it is you as a financial manager who is accountable for making that happen.
Learn more in our latest blog:

Company Finance Planning & Execution

Finance Planning

Many problems that arise in business can be avoided by first recognising five commonly-occurring blind spots.
The first of these is the concept of company finance planning. While finance planning may seem like an integral part of your business, if you aren’t executing it correctly, you are, at best, falling short of its potential and, at worst, completely wasting your time.
In our latest blog, we address this frequent blind spot, highlighting the reasons it can occur, the ways to overcome it and the long-term benefits it will produce.
Take a look now – we hope it helps to overcome some of your company’s financial blind spots.

Business Strategies for Effective Solutions

Business Strategies

Storytelling is one of the great life skills of human evolution. For millennia, we have used story to convey wisdom, teach lessons and advance knowledge.
Despite its prehistoric roots, storytelling is still a valuable skill in contemporary society, and even in business. When we convey our message in a more story-like manner, our audience, whether our staff or our clients, become more engaged, amused and connected, retaining the information better and building both confidence and loyalty in the brand.

Defining Your Problem

Bfc Graphics 15

Problem solving strategies can often be pre-emptively implemented before the true nature of the problem has been defined. In Part 4 of my problem-solving series, I discuss how uncovering the problem before rushing to the solution can save time and money, and prove far more effective than quickly rushing to the first solution that comes to mind.

Using Empathy to Gain Insights

Business Strategies

Empathy can sometimes be seen as a spiritual practice, even a sign of weakness, with little place in the realms of business.
However, by adopting an empathetic perspective, we are far better able to navigate difficult conversations, company communication and problem-solving discussions. It is often our fixed perspective that can stand in the way of resolutions, so by bringing some empathy into your process, you can view issues from a greater viewpoint, illuminating the problem as a whole and helping you to understand why some of your team may not be able to agree with your opinion – or vice versa.
Far from a weakness, empathy can be a powerful tool in your management arsenal. Learn more in my latest problem-solving blog for business managers.

Practice Functional Curiosity, Not Judgement

Functional Curiosity

Great problem solvers are made, not born. We have found after decades of problem solving with leaders across business and non-profit sectors these leaders tend to have a common mindset and set of strategies; they learn to adopt a particularly open and curious mindset, and adhere to a systematic process for resolving even the most challenging problems. And when conditions of chaos and uncertainty exist, they are at their best.
Five mutually reinforcing problem solving strategies seem to underly their success.

Problem Solving Strategies Every Financial Manager Should Apply

Problem Solving

Great problem solvers are made, not born. We have found after decades of problem solving with leaders across business and non-profit sectors these leaders tend to have a common mindset and set of strategies; they learn to adopt a particularly open and curious mindset, and adhere to a systematic process for resolving even the most challenging problems. And when conditions of chaos and uncertainty exist, they are at their best.
Five mutually reinforcing problem solving strategies seem to underly their success.