I have been reminded of an old (2009!) Harvard Business Review Article this week – The Fallacy of Financial Metrics by Anthony K Tjan. It points out that so much of finance that gets measured is an outcome of activity, not an input – revenue, operating profit, EBITDA, current ratio, to name a few. Those…
Bounce forward – or bounce back? Its February. Those of us with plans for 2020 will have already seen some divergence from our plans – the actual not meeting the reality. This may be going better than planned, or not quite so well. If this is not you right now, it probably will be at…
I have met a number of people this week while networking, sparking interesting conversations. When asked what I do the word “finance” usually features even though I help people develop skills in other areas – like negotiation, communication and sales – where finance is not top of the list. One conversation especially got me thinking….
I imagine you do what I do when you get on a plane. While you are about to turn right, you look left into the cockpit to make sure there is someone in a uniform checking a list – twice. You want to know there is someone at the pointy end who has a flight…
I ran a short training session last week for a group of HR consultants on pricing. This week we have one of the largest ever recalls of consumer products by Whirlpool, who are recalling around 500,000 washing machines because of a potential safely fault. Washing machines and HR consulting – the connection? It comes back…
Phil’s Finance Thoughts from 27th November 2019… Contrasting experiences from the automotive world. I had a great time at Motorcycle Live – the UK’s motorcycle show and the largest event of its kind, an essential experience for the keen biker (me for example – I have been going for, er, decades). Something I noticed…