Are you on track to meet your business’ financial targets this year? What are your current monthly run rates? Are your expenses too high for the revenue you are producing? How do you know? Did you set financial goals and targets for the year?
One of the most important aspects of a business leaders’ role is setting the overall direction for their organization. Part of the overall direction that an organization requires is to have clearly established financial targets. Once these targets are set, the leader’s job is to track the performance against the targets and to strategically lead the organization to meet or exceed the targets.