How to Become Financially World Class, Part 1
In this five-part video series Andrew Stotz, PhD, CFA walks you through all the basics you need to know about World Class Benchmarking and How to Make Your Company Financially World Class.
Dr. Andrew Stotz (AKA the author here) is having a free webinar for ValueWalk readers (Capped at 100) on Nov 21st on the topic of “top 6 valuation mistakes” enter here
We know that business is hard, but we believe that the financial aspects should NOT be. World Class Benchmarking is a clear-cut financial tool for that takes the finances of your company from complicated to simple, from scattered to focused, and from individual to team.
Three core barriers to becoming Financially World Class
Complicated – Finance is hard to understand for most of the management team.
Scattered – Your management team focuses on many different financial measures.
Individual – Modern management sets colleagues against each other rather than against competition.
World Class Benchmarking was designed to overcome these barriers
World Class Benchmarking makes complicated…Simple – It simplifies the finances of your business to help all your managers make business decisions in a financial framework.
World Class Benchmarking makes scattered…Focused – It narrows the finances of your company down to one measure that all employees can understand.
World Class Benchmarking makes individual…Team – It aligns employees behind the one goal of becoming Financially World Class.
Article by Become A Better Investor
