Money makes the world go ‘round, but can you tell your organisation’s “money story”—how it generates revenue and profits, maximises cash flow and steers clear of trouble? Not the practiced version that is supplied to the company’s investors, but the actual per unit economics, the metrics indicating the financial viability of the organisation, what is working well and what needs to be improved, and when to hit the brakes or pound the accelerator?
To be able to tell this money story, the CEO and CFO must have access to transparent, real-time performance data to analyse and compare to strategic plans. Muting the ability to precisely tell these tales are what we are calling the Seven Stiflers. Each stifler limits leadership’s ability to know what is going on in the organisation to make informed, insightful and assertive decisions that drive profitable business growth. The outcome is often dire—lost market share, slow growth, and the inevitable crash that occurs when flying blind.
Download this report to learn more about the Seven Deadly Stiflers and how to rid them to drive growth:
Credit Union Times is the nation's leading independent source for breaking news and analysis for credit union leaders. For more than 20 years, Credit Union Times has set the standard for editorial excellence and ethical, straight-forward reporting.