Remove Early Adopters Remove Finance Remove Operations
article thumbnail

5 Ways Smart Startup Founders Strategically Manage Operating Capital

Strategy Driven

And with financing being one of the primary reasons startups go under, the right strategy needs to involve improving upon your operating capital. What Is Operating Capital? Sometimes called “working capital,” operating capital is the sum of a business’s current assets minus its current liabilities.

article thumbnail

How to Lead a Redneck

Lead Change Blog

So, Jeff’s non-stop one-liners were funny: “You might be a redneck…if there are more than five McDonald’s bags in your car…if the Home Shopping Network operator recognizes your voice…id the taillight covers of your car are made of red tape…if you financed a tattoo, or if you’ve ever been involved in a custody fight over a hunting dog.”.

Covey 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Slow Progress Being Made With AI In The UK

The Horizons Tracker

Successful AI/ML implementation has clear benefits for early adopters — As organisations look to the future, IT and operations are the leading areas where they plan on adding AI and ML capabilities.

article thumbnail

Exploring the Economic Benefits of Investing in Renewable Energy Systems

Strategy Driven

Once the infrastructure is in place, the operational expenses are considerably lower. Early adopters of renewable energy infrastructure can enjoy a competitive edge, cutting down on operational costs while supporting sustainable practices.

Energy 92
article thumbnail

3 Major Challenges Financial Institutions Face When Implementing Business Insight Technology

Strategy Driven

But you must also remember that any new technology you onboard will bring change to your bank’s operations—some of which isn’t welcome just yet. Or, they may be skeptical about whether it’s worth the cost, or the risk to a high-stakes profession such as finance. It will make the task of deriving insight easier—not harder—to do.

article thumbnail

Before You Link Pay to Customer Feedback: Five Essentials

Harvard Business Review

In most larger companies, you'll need to generate roughly 200+ responses per operating unit per period. Your CFO and finance team can take a leadership role here. Unless line managers and finance really believe in the link between customer feedback and business outcomes, your incentive system won't last long.

article thumbnail

25 Years Ago I Coined the Phrase ?Triple Bottom Line.? Here?s Why It?s Time to Rethink It.

Harvard Business Review

Management concepts, by contrast, operate in poorly regulated environments where failures are often brushed under boardroom or faculty carpets. It was supposed to provoke deeper thinking about capitalism and its future, but many early adopters understood the concept as a balancing act, adopting a trade-off mentality.

TBL 15