CEOs set a goal, develop strategies to achieve it and undertake tactical implementation.How do you know if you can “fund the plan”? How do you know if you have the capital to really “play to win”? One source of capital to “fund the plan” is your company’s ability to access the private capital markets — …
Predictive analytics for your business: Cash-flow forecasting Read More »
To say leaders faced unforeseen challenges this year is a major understatement. But a silver lining to these setbacks is leaders had the opportunity, time and again, to improve leadership skills as they moved along their daunting journey. And although for many financial targets were hard to predict or meet, many leaders ended up grounding …
Hindsight 2020: Lessons in leadership from a challenging year Read More »
1. Business with poor profit This is partly due to inability to attract new customer and unawareness of break-even sales. Set a sales goal and a profit margin to help set priority. 2. Poor trade receivable management When business is growing, receivable management is neglected. In bad times, long overdue debtors could threaten your cash …
Leader is asked to adapt quickly to survive the Covid-19 crisis, but is it necessary? Ask yourself, what are the company competitive advantages (old skills and tools)? Are they still applicable now? If they are, how do you leverage those old skills in a new way? Some of those old skills and tools are difficult …