If your solution to inadequate cash flow is winning more work, spending less, or both, progress will be slow and the level of frustration ever increasing. Pedalling faster and cost-cutting will at best produce small improvements in cash flow and are as likely to be detrimental to liquidity.
As a result of completing this module you will have:
Calculated the additional cash flow it’s possible to generate, without the need for a further investment in people, equipment, or other resources.
Analysed the 3 ways to increase margin – Pricing Strategy, Segmentation, Effectiveness and determined their appropriateness for your business.
Rated the performance of your enterprise relative to the characteristics of high performing organisations across the 6 key business functions.
Committed to the implementation of new management strategies in those areas requiring improvement.