A Financial Scorecard is a measure of the impact of Operations, Customers, and People. A company's profitability is a function of how well the owner / executive utilizes current resources to build and deliver its offer, managing the entire customer engagement process, and the ability to staff the organization with talent that makes an impact Show Objective
EPISODE 201: Summary Perhaps we should have started here, but I thought it was better to cover all the issues related to creating a Financial Scorecard so today is more a summary; a pulling together of the information in a way you have real-time data to make critical business decisions. Topics:
EPISODE 202: Revenue Kritical Performance Indicators All businesses need an inflow of revenue to survive. The question is how well you are living within your means. The management of cash flow is critical and the following are some of the elements you can use to understand what is happening. Not all of these will apply to your business and the list is not exhaustive, just representative of different approaches that your software/platform should support. Topics:
EPISODE 203: Profit Kritical Performance Indicators The previous Episode gave you an idea of how well you are managing revenue. Now we look at how well you manage to keep money inside the business - in other words profit. Topics:
EPISODE 204: Investment Kritical Performance Indicators The concern here is you have made numerous decisions about what customers to pursue, what equipment to buy, how many people to hire, and what new initiatives to pursue; so what happened? Topics:
Next Show/Chapter 45: Crypto for Transactions How to apply today's show to your business:
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