Strategy

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Strategy
Performance management structures should be straightforward and easy to understand. Complicated systems are frustrating and counterproductive for both managers and employees. When done right, a good system will revolutionize a company’s performance, boost productivity and ensure an engaged workforce.
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Under the new normal, agile finance will initiate focus on action over research, and testing over analysis. This startup mentality, when coupled with acceleration of analytics, will allow companies to turn on a dime and tackle new challenges however difficult they may appear to be.
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LIQUIDITY IN COVID
To operate financial liquidity within defined boundaries of financial stress, cash visibility must be real time, consistent and realistic. Business owners need to have a three-window scenario for cash levels – business as usual, emerging stress and survival cash.
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