Kevin Kaiser and S. David Young surveyed many companies for their recent Harvard Business Review article and found that the traditional business focus on the bottom line actually ties up working capital, setting managers on a death march towards bankruptcy. They have come up with a six-part strategy to squeeze more funds from business balance sheets.
Very good video. In fact, management of working capital variations is the secret of good cash flows. If companies are only based on Sales Volume and Net Profit, they may not see the impact which daily sales outstanding and slow renewal of inventories can have in their cash flows.
999Brazninja 2 months ago
gud
nehasaini1111 10 months ago