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How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

Next, How Value and Cost of Delay—Not Cost Savings—Applies to Centralization Decisions Part 2 , I explained how to think about the value of work instead of predicted costs. Ignorance of the flow metrics. Luckily, the flow metrics help everyone see where the teams have value and where there is just cost.

Metrics 63
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Why CEO’s Hire Consultants and Coaches: The REAL Value They Bring with Brad Rex

Consulting Matters

Brad had an unconventional start to his career after meeting his boss's boss while studying finance at college. During his twelve-and-a-half-year tenure, he worked in finance and strategic planning before taking over as leader of Epcot theme park on the week of 911, 2001.

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. How can you boost your financial acumen? How do you decide which concepts are most important to understand to your work and your understanding of the business? Stop avoiding finance because you’re afraid of numbers. What the Experts Say. Overcome your fears.

Finance 28
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Why CEOs Can’t Dance Redux

Rick Conlow

A finance executive said this of the decades-old corporate attitude, “We are GM. ” How wrong they are! A global IBM study found that 33% of CEOs had engineering degrees and another 15% had finance degrees. CEOs focus on data, facts, figures, and metrics. Even today, GM has record recalls. We know everything.

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How to Fix the Most Soul-Crushing Meetings

Harvard Business

How to Design an Agenda for an Effective Meeting. The right composition and metrics. For example, if a meeting charter has significant implications for finance, one person from finance can attend and keep their finance colleagues informed. Meetings should serve to distribute power, not concentrate it at the top.

Meeting 46
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Project Management Maturity Models: A Basis for Reaching Your Organization’s Business Success

Epicflow

What is project management maturity exactly, and how to define its level? They usually describe levels indicating the current state of an organization in terms of project management efficiency and propose recommendations on how to proceed to more sophisticated levels. . An organization uses basic metrics to track project performance.

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The Importance of Business Acumen for High Performance

LSA Global

It is not just the purview of finance to interpret the numbers that govern profit and loss; it behooves every employee to understand how and why the company makes money, spends money, and measures financial performance. The most important terms and concepts to understand are how to measure: Profitability. Operating income.