A New Role for Business Leaders: Moral Integrator
With stakeholders and shareholders vying for attention, CEOs need to develop a new kind of ethical leadership to build trust in society and deliver results.
Content: Article | Author: Liz Sweigart | Source: strategy+business | Subjects: Crisis Management, Ethics, Management, Public Relations
Liz Sweigart
I’ve seen senior executives become entranced by profitability, resource production, asset utilization, top-line revenue, and any one of a number of other measures. As a result, they take their eye off cash. The outcome is predictable: The income statement strengthens while the balance sheet weakens and, ultimately, the company falters because it can’t pay its bills.
Content: Quotation | Author: Liz Sweigart | Source: strategy+business | Subject: Finance
Liz Sweigart
If cash is king, why is it treated as a by-product rather than a focus? I argue that the most important thing to look at in evaluating business performance is cash accessibility, or the ability of a company to use its free cash when and where it needs it. Businesses may have cash tied up in different places for a variety of reasons — often … [ Read more ]
Content: Quotation | Author: Liz Sweigart | Source: strategy+business | Subject: Finance
If Cash Is King, Why Doesn’t It Rule?
With tax rules changing and interest rates set to rise globally, companies need to organize their operations around a new value equation.
Content: Article | Author: Liz Sweigart | Source: strategy+business | Subjects: Accounting, Finance
