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.
Tag Archives: 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.
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.
Projects can rapidly become overwhelming when we don’t first assess the specific goals or milestones needed to achieve them. And adding financial goals to the equation typically helps keep the process as objective and measure able as possible.