Tag Archives: KPI
Besides the party, what else do you have planned?
Tomorrow is the first day of the secular new year of 2020. A whole new decade. Which means you probably have to reassess all those New Year’s Resolutions you’ve been running through in your mind. (I make my personal resolutions in September/October, when the Jewish New Year rolls around. And, my corporate KPI [key performance indicators] are evaluated three or four times a year to make sure we’re measuring (and achieving) the right things.)
Continue reading Besides the party, what else do you have planned?
How’re you doin’?
I’ve w.adjuvancy.com/wordpress/19693-2/” target=”_blank”>bitched and moaned about the way public corporations manipulate the reporting of their financial information. Where they remove items they don’t feel is germane (like a division that failed; or the drag on earnings is removed), or decided that EBITDA (earnings before interest, taxes, depreciation and amortization), Adjusted Net Earnings, and/or Adjusted Sales should be the valid measures for their performance. Because their true performance is abysmal. ( I won’t even mention which firm tried to promote the indicator EBE- earnings before expenses; in other words, just gross sales for the firm.)
Happy New Year!
Today is the first day of the secular new year of 2016. Which means you probably are making sure you keep your New Year’s Resolutions. (I make my personal resolutions in September/October, when the Jewish New Year rolls around. My corporate KPI [key performance indicators] are evaluated three or four times a year to make sure we’re measuring the right things.)
Are you ready?
Every business is different. Yet, every business has many, many similar components. Serving as the CEO for jewelry manufacturing venture is different from serving as the CEO for a dialysis clinic- and different still from being the managing director for a law firm. Right now, I am considering whether I wish to help start- and then manage a new health care clinic- one with a business model that will be radically different than what is normally seen.
Financials are just a blip in time…
I know most of you run your companies on a cash basis. Your gross is small enough that the IRS does not require you to run accrued financials, which are more difficult to maintain. But, it would behoove most firms to check their positions using accrued financials every once in a while.
Let’s Grow…
Are you ready to grow your business? No, I don’t mean to increase your sales (although that may be part of the issue). I’m talking about increasing your bottom line. A lot.