Brian Higgins
Well, inflation started out as “temporary” transitioned to “transitory” and now has become “sticky”. Even with the recent declines, relatively high inflation is expected to be around for some time . That said, action must be taken to address the negative effects of inflation and, what some predict will be stress on many businesses. Today, executives must balance the needs of the business against the needs of employees who are being impacted by inflation as well.
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Gary Cokins
It is my hope that Santa’s elves read this article, take note, and work to achieve their KPIs! It is also my hope that Santa (and also anyone) can learn about how enterprise and corporate performance management (EPM/CPM) methods can substantially improve an organization’s performance.
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Yiannis Papadopoulos
Business is often described as a rollercoaster of emotions with very high highs and very low lows. It hardly ever is smooth sailing for long – challenges will inevitably come and you’ll have to face them. After helping run Ladder through ups and downs, I’ve realized how important it is for everyone in our team (founders, executives, employees, etc.) to keep emotions out of the business.
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Prashanth Southekal and Steve Rosvold
Brian Higgins
Oftentimes, the first place to seek understanding of the financial well-being of the organization is to examine the organization’s financial statements. However, GAAP accounting, supported by General Ledger systems, is designed to capture costs at the functional/department level and although they can be structured for P&L data at a granular level (e.g., office or branch), they may not deal with indirect/overhead costs, overlap/duplication, value creation, or activity fragmentation.
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