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Ep. 192 - The Job of Business Finance - Part 1 [Business 300]
Published 10 months, 3 weeks ago
Description
One of the areas where business people are tempted towards irrelevant fluff is in the area of Finance. There are so many metrics that could be tracked, so many numbers that could be calculated, so many ratios and statistics that could be presented. If it wanted to, the Finance Department could be the business BS department.
The 4 things that the Finance Department should focus on in order to provide value to customers and owners are Data, Analysis, Insight, and Action.