article thumbnail

HR Finance 101: A Guide To Finance for HR

AIHR

The main responsibility of finance is to allocate and monitor resources that support the goals of the organization while ensuring a balance between revenue and costs. On the other hand, HR is responsible for recruiting, motivating, and managing the people who advance those goals. How HR can utilize financial information.

Cash Flow 121
article thumbnail

Why Is Cash Flow Important To Survive In Our Tough Business Climate?

Growth Institute

You might be closely monitoring your company's revenue and profit if you’re an entrepreneur, CEO, or another executive. But if you think focusing on your company’s revenue and profit will help it thrive financially, it’s time to change that thinking. And that story revolves around this fact: Revenue is vanity. Profit is sanity.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Guardian Pharmacy Services Model Grows Through Today’s Obstacles

Chief Executive

Formerly head of Central Pharmacy Services and a long-time executive in the pharmaceutical benefit-management industry, Morris co-founded the Atlanta-based outfit in 2004 with president and CEO Fred Burke, and executive vice president of sales and operations Kendall Forbes. And all of our revenues are from prescriptions.”.

article thumbnail

CEOs Can’t Fight The Fed, But You Can Do These Things To Weather The Coming Storm

Chief Executive

FWIW, CEO100 is our peer network exclusively for CEOs who run complex organizations with more than $100 million in revenues— learn more about membership ; it’s excellent). Stress test a simplified P&L and balance sheet for your company under different volume changes (include interest, taxes and capex—not just EBITDA).

article thumbnail

Why You Should Look At People Strategy As You Would A New Product Line

Chief Executive

At a board meeting earlier this spring, I gave a data-supported presentation where I explained how metrics such as retention, engagement, satisfaction, recruiting/offer win rates and turnover led to the statistic that matters most to me: revenue per employee (RPE).

article thumbnail

The Importance of Business Acumen for High Performance

LSA Global

How can you expect to pitch a new strategy or product if you are unable to articulate its potential revenue, costs, and return on investment? Study the Balance Sheet. With term definitions in hand, analyze your company’s balance sheet. For example, what happens when revenue falls or expenses increase?

article thumbnail

CEO Confidence Falls To Decade Low, But Few Predict Recession

Chief Executive

Douglas Reardon, president of family-owned construction company EXXCEL Project Management. The Fed seems to be doing a very good job with the balancing act of managing inflation. Sixty-three percent said they expect revenues to rise, but that proportion is down from 70 percent in May and 88 percent in January. “My