4 tips to avoid being scared by your cash flow in 6 months
Most scary movies take place in hospitals, the woods or teenagers’ houses when they’re home alone and too clue-free to recall 911.
Rarely does the scary movie begin with, “Hey, Mike, our cash-flow is shrinking.”
Because that line is too scary for even Freddy Kreuger or Chucky.
Which is why it’s often just the first line of a scary reality show.
Your reality show.
Before 2018 gets ahead of you…get ahead of it.
It’s an ideal time for you to check-in with the right constituents (i.e. your direct reports, board members, senior management team- whatever cast fits your scenario) and pose 4 brilliant questions the best leaders are asking right now:
- How are we financially? How do we know? Which KPIs are most significant for us to monitor this year?
- How are we culturally? How do we know? Who’s driving our culture the best?
- How are we operationally? How do we know? Who & what are increasing our efficiencies?
- How are we strategically? How do we know? How are we positioning, maintaining & advancing our competitive advantages?
The only thing about this conversation that will make you jump is the speed at which you propel yourself forward!