Creating Value
Michele Collini's BlogFinancial indicators, knowing them in order to know how to move effectively
By now it is well established: entrepreneurs and managers, in the immediate future, will have to become increasingly accustomed to and familiar with Corporate Financial Indicators, or corporate financial KPIs, i.e., key performance indicators. This is not only because of new and changed legal requirements (e.g., the new corporate crisis legislation and its early warning...
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Management Control, first of all a forecasting tool
The starting point for any consideration of business management, as we know, is the financial statements.However, we also know that, if taken in its “statutory” form, the financial statements do not offer a useful interpretation for management control purposes, so before any consideration or analysis, they must be reclassified. From the financial statement analysis it...
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Liquidity, the factors that determine it, suggestions for preserving it
Liquidity issues When liquidity problems occur in a company, whether temporary or long-lasting, all the attentions and efforts of the entrepreneur and shareholders are usually directed toward finding new liquidity: this might be a logical behavior, except that lack of liquidity is never the cause of a moment of business difficulty. It is, if anything,...
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Controller, interpreting data to make better decisions
The Controller or Control Manager, found with increasing frequency on the organization chart of more advanced companies, is the business profile responsible for interpreting and evaluating the company’s activities. It can be identified as the professional or specialized structure that conceives and designs, alongside with the entrepreneur, the management control system, acts as a coordinator...
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Planning, from tool to behavior
Planning should mean looking ahead and delimiting the scope where actions can take place.Planning drives many entrepreneurs to change their management system and tackle the job by asking themselves in advance what needs to be done to achieve business goals. Economic, financial budgets, however, are only good if they are used consistently, as a guide...
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