When it comes to financial reporting, there’s definitely a balance to be struck between speed of reporting and accuracy.
Category Archives: Better Business
It’s not rational to be rational
Being purely rational at all times is not the best way to build your bottom line, despite what lots of people tell you. There’s a place for rationality, of course, but it’s not the be-all and end-all.
Why tech folk don’t understand RoI
Generating positive RoI isn’t as easy as most people think. Especially people who work in tech…
The Road Runner Effect
When the Road Runner Effect kicks in, your business runs at its lowest efficiency and highest cost. So it’s important for your bottom line to pick this up early, and ideally not to let it happen at all.
Attention to detail
If you want to run a successful business, attention to detail matters. But not in the way you normally think of “attention to detail”.
Solving the right problem
Which do you need to build your bottom line more data, more information, or more understanding?
Reality checks
How do you know you’re taking the right action to protect, and ideally build, your bottom line?
A good place to start is getting really clear where you are. And that’s a lot rarer than you might think.
Fun with fungibles
The fundamental problem in many businesses is that they think they live in a quantitative world, when the reality is we live in a qualitative world.
Too many people think it’s all about the numbers, when the reality is the numbers come second.
Little boxes
Plenty of people think they can just “copy the secrets” of another business, or apply what they did in a previous role by rote in their new role, and still see the same results. All my experience is that is almost never true.
Imagine it DID cost you
Sometimes cheaper isn’t better…especially when you’re trying to make a sale…