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Coronavirus & Consulting Offers

Tom Spencer

The larger firms like Bain, BCG, and McKinsey kept their promises. If the firms don’t have a strong balance sheet, if they foresee a potential cash flow problem, or if they have clients in particularly hard hit industries, I’d be concerned. Three prior downturns, what can we learn?

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The Importance of Business Acumen for High Performance

LSA Global

A McKinsey survey of over 1,500 corporate directors revealed that only 36 percent had a complete understanding of their company’s financials. Cash flow. Study the Balance Sheet. With term definitions in hand, analyze your company’s balance sheet. Operating income. Operating Expenses.