𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐬 𝐚 𝐬𝐩𝐨𝐫𝐭 - yet many teams remain unaware of the score.
In sports, the scoreboard is always in view. In business, however, most focus solely on revenue.
𝚁𝚎𝚟𝚎𝚗𝚞𝚎 𝚒𝚜 𝚅𝚊𝚗𝚒𝚝𝚢. 𝙿𝚛𝚘𝚏𝚒𝚝 𝚒𝚜 𝚂𝚊𝚗𝚒𝚝𝚢. 𝙲𝚊𝚜𝚑 𝚒𝚜 𝙺𝚒𝚗𝚐.
If your leadership team cannot clearly explain:
• Your cash position
• Your return on capital
• Your working capital cycle
… then they are playing without knowing the score.
The best companies I work with don’t just track numbers; they communicate using a common financial language. This leads to:
• Improved alignment
• Better decision-making
• Enhanced value
Just as important , do they know the drivers that create revenue ?
# of existing customers
retention rate?
#of leads generated ? (Can be tracked with Referron )
conversion rate ? (C as n be tracked either to high level or your crm )
Does your team know the score?
#Leadership #FinancialExcellence #CashFlow #CEO #BoardGovernance #ScalingUp