Beyond the Numbers in Albany Creek, Queensland, Australia | Business service
Beyond the Numbers
Locality: Albany Creek, Queensland, Australia
Phone: +61 434 972 438
Address: 70 Strathford Ave 4035 Albany Creek, QLD, Australia
Website: http://beyondthenumbers.com.au/
Likes: 46
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25.01.2022 It can be the best of times, it can be the worst of times being a leader. In previous videos, I have discussed how important it is to set expectations up front as a leader. In today's video, I explain a simple model that you can use. It focuses on getting clarity around the role boundaries and it forms really a discussion between the leader and the team member and can actually apply to teams as well.
24.01.2022 Quick Tips for New Leaders Here is a list of tips for leaders who are new (and not so new). When starting out as a leader it can be quite overwhelming. Here are some quick pointers to save you time and mistakes.
20.01.2022 How to Manage a Non-Performing Employee How do you handle a non-performing employee? This is a question I get asked across all types of businesses. It is a challenge for all leaders, but how can we make it easier for ourselves and easier for our team members? In this video, I set out a framework to help you develop a consistent approach to handling non-performing employees.... If you want leadership training or coaching for your managers please send me a message or you can find out more information in the link in the comments.
16.01.2022 Career limiting or an opportunity? Continuing with our theme of FAQs I get asked when working with leaders. This is a classic one that gets asked, 'How do I give feedback to my boss?'. Obviously, with a bit of sensitivity! Here are the steps I recommend to build a better relationship with your immediate leader and better outcomes for your business.
15.01.2022 Today's video I want to focus on five tips for empowering your team and there are different ways, and we've some of the earlier videos talked about setting up the right culture, etc. Here are some real key steps that will help achieve a highly empowering team.
13.01.2022 Here is a question I have been asked - where do I start as a new CEO? Here are five elements that a new CEO should consider when reviewing the financials. 1. You are not the CFO - Understand the expectations of both roles.... 2. Have a plan - Review the financials using the strategic plan. The plan provides context. Too often strategy and leadership do not have a visible link to financial outcomes. 3. How strong is your Balance Sheet? - Build a fortress balance sheet that can withstand internal and external pressures. 4. Customer Value - In the Income Statement, look at the lines that provide customer value and growth. 5. Structure, Execution & Culture - These three areas provide efficiency and effectiveness. What are the expenses that enable these areas to deliver? What expenses are not adding value? See more
11.01.2022 Many companies do not have a sound strategy that links behaviour to financial outcomes. One possible reason is the lack of a model which clearly shows the linkages between behaviour and financial outcomes. In this short video, I explain the benefit and how to use the Function Accountability Chart. The Function Accountability Chart is a one-page People tool from Scaling Up book by Verne Harnish. It focuses on having... the right people in the right seats at the top of the organisation. The FACe also ensures there is a leader accountable for every line in the financial statements. See more
11.01.2022 Financial reports are not a necessary evil. They can be helpful in making decisions to grow your business. To get the most out of your financial reports, you need to have the right balance of three elements. The balance will be different for each organisation depending on resources, managers FQ and goals. In this 2 minute video, I discuss the three key elements to deliver the best financial reports.
09.01.2022 Have you ever had a boss who felt like they were micro-managing you? In this video I discuss strategies that a leader or team member that are struggling with a boss that they consider is micromanaging them.
09.01.2022 Many business owners work hard to get their product right and attracting potential customers. But spend little time on the decision that rewards all that hard work setting the price. There are various ways to calculate price: cost plus, competition based pricing and value pricing to name a few. Value Pricing is the price your customer is willing to pay and thus the price your business can charge is the perceived value in the customer’s eyes. When setting the price you must ...understand your customer and why they are purchasing from you. This influences their perceived value and therefore the price they are willing to pay. We recommend using the Jobs-to-be-done’ framework
08.01.2022 Growth is often seen as the most critical thing a business must do. Grow or die! However, if you have a cash flow problem, growth may be the worst thing you can do. Growth is one of the biggest killers of cash flow. Watch this video to understand how growth affects cash flow and some steps to ensure growth positively impacts cash flow.
04.01.2022 In this video, I share some of the warning signs I have found when working with businesses that have an increased risk of cash flow problems in the future.
02.01.2022 During 2003 the US and UK put a travel ban on travelling to Kenya. All non-essential personnel were removed from their Embassies. This was not great news for the international school where I was Director of Finance. Nearly 90% of students were ex-pats. Over the summer break, quite a few families did not return. Our revenue dropped overnight. ... However, I learnt some valuable lessons in dealing with a sudden financial impact. The first and most important step - Build a strong balance sheet. A strong balance sheet will help you survive, be able to react quickly and take opportunities. The temptation can be to focus on the immediate need - cash flow. Stop the bleeding. Focusing on cash flow without understanding the impact on the balance sheet may be dangerous in the long term. Think long term, act short term. Prepare your cash flow with the goal of preparing a strong balance sheet. #businessacumen #thecollaborativeleader
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