Growing the Top Line
- Topics:
- Decision Analysis
- Source:
- Penton Media
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Overview: While today’s tough, competitive companies still rely on the finance department for superior performance in the traditional areas of management reporting, liquidity management and transaction processing, they also expect finance teams to excel in areas that contribute to profitable growth. There are ten ways to move the finance function into the strategic role of revenue builder: expanding the financial competencies of non-finance managers, expediting information delivery, communicating information in the context of strategy, cultivating relationships with Wall Street, understanding what produces healthy relationships with outside entities, creating a balanced perspective of risk, developing performance measurements that evaluates progress toward company goals, creating a dictionary of common data terms, improving communication skills, using carrot policy and not the stick policy.
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Format: HTML | Date: May 1999 | Pages: 2
