• Skip to main content
  • Skip to primary sidebar
  • Home
  • About
  • Services
  • Speaking
  • Media
  • Videos
  • Store
  • Testimonials
  • FREE Resources
  • Fiscal Quiz
  • Contact Us

Fiscal Doctor

Dramatically Accelerate Correct Fiscal Leadership Decisions!

FREE Resources

May 10, 2016 by fiscaldoctor

Board members aren’t prepared for a crisis – comment posted

Economia has a provocative article posted asking which companies are not prepared to handle a crisis

http://economia.icaew.com/news/february-2016/companies-not-prepared-to-handle-crisis?success=anonymous#comments

My post asks?

How much of this do you think comes from the now almost standard policy to “do more with less” which saves money up front, but can cost much more later?

Could these results be created from decisions made which (1) limit funding for the risk management / internal audit initiative, (2) too sharply limit the scope up front, or (3) limit funding to have in-house experienced enterprise risk management and operational risk management expertise in the team deployed?

The good news is that report spotlights a not too unexpected result, which at least starts the discussion toward a solution. You may be pleased to learn there are passionate experts out there, including myself, who love to spotlight Million Dollar Blind Spot© risks in time to be addressed and tackled.

Call the FiscalDoctor at 678-319-4739 to talk about your specific situation. www.FiscalDoctor.com or for an ebook / workbook free link on Getting Governance Right

http://www.expertclick.com/NRWire/Releasedetails.aspx?id=76790

Consider the value when you: Find your blind spot before it finds you.
Consider the value when you: Find your blind spot before it finds you.

Filed Under: Timely Reports Tagged With: board of directors business plan CEO corporate governance enterprise risk management ERM

May 3, 2016 by fiscaldoctor

You asked: What to put on your right dashboard?

As a little more background, this issue of key metrics for each specific business is so important that it is a major issue covered in week one of the Goldman Sachs 10,000 Small Business Growth Initiative, for which I am a volunteer.

Back to your comments to me and why I am following up the email. Some of you asked me to suggest a few of the metrics that can be or should be part of a favored short list of what to track and why. Others also suggested that sometimes it is safer when someone else helps or suggest the priorities for the top level of 5 to 7 metrics, or how to get to that short a list.

I still remember the discussion with the director of a middle market company who told me how proud their risk management function was of identifying 82 crucial issues. My comment was to ask if a list of 5 to 7 would not be much more manageable and addressable.

Been there and done that enough to know sometimes you want to save your political capital for events which really matter.

As requested, something like the list below is what often shows up when I help a client wade through too long a list of possible actions to group, prioritize and usually point out a few omissions. Every organization has its own special situation.  As a general theme, some of company specific metrics which I have helped clients to address include:

  • Often some aspect of cash needs to make the short list of your top 5 to 7 metrics. Why? Because, however mundane it may seem, cash is the financial life blood of any organization. The impact of operations upon this critical asset must be closely planned and monitored.
  • For-profit businesses often prioritize critical financial measures such as sales and profit, particularly how to increase one or both.
  • Nonprofits might look at the number of clients serviced and associated costs, as more mission oriented. More are moving to include key metrics to help them consider and better address the need for fiscal and financial sustainability.
  • Financial measures of performance should also be complimented by operational measurements such as customer satisfaction, product/service quality, and productivity

For those of you who do not have challenges on any of these points, congratulations. For those who feel too much pain from lack of dashboard, an inaccurate or historical orientation dashboard, or just want to say hello, call. Glad to offer any of you a short pick my brain discussion or just to let you vent.

678-319-4739

Find the Million Dollar Blind Spots; Before It Finds Your Organization
Find the Million Dollar Blind Spots; Before It Finds Your Organization

Filed Under: Timely Reports Tagged With: business assessment dashboard kpi metric

April 26, 2016 by fiscaldoctor

How to Avoid Managing to the Numbers Ruining a Holiday

As the new economy forces nonprofits to act more like the for profit world, you should ask yourself this question: is your organization fooling itself by managing to a number? is the question I raised in my article for Nonprofit Information.

Nonprofit Information is an independent informational website for nonprofits and philanthropists.

The full article is available by clicking on the link below.

How to Avoid Managing to the Numbers Ruining a Holiday

Call me to discuss your situation and how there is a better way to financial sustainability.

678-319-4739

Filed Under: Timely Reports Tagged With: CEO financial statements forecasts nonprofit

April 19, 2016 by fiscaldoctor

Should You Improve Your Business dashboard?

Most of you know people who are pilots and we sure all fly enough. You want the commercial pilot of the plane you are flying to have access to all the information they need, PRIORITIZED in some way so they can focus on the right things timely. We think it is fine for them to have access to lots of information, when the big picture says they need it.

So why do far too many accept less than optimal dashboards, key metrics, flash reports or board of director executive summaries?

Ezine articles published by article with 4 questions to make better use of your dashboard, flash report or KPI monitoring.

http://ezinearticles.com/?How-to-Improve-Your-Dashboard,-Flash-Report-or-Key-Performance-Indicator-(KPI)&id=9340959

Please let me know if you agree, disagree or just want to talk about it. Please comment below.

 

 

Filed Under: Timely Reports Tagged With: dashboard flash report kpi

April 11, 2016 by fiscaldoctor

Collection of speeches, keynotes and thought leadership quotes

Attached is a listing of speeches and presentations including the organization, a description and the website url is available in most cases as part of the Publication column.

For a value oriented strategic working session, call me at 678-319-4739 to tailor an event for your specific unique needs. Ever feel stuck, a best kept secret or coasting on past success. Thankfully, there is a FiscalDoctor in the building

Interview master list as of 4-11-16

Selected pictures or past speaking events are inserted below.

How to get C-Suite approval (and support) for your .......
How to get C-Suite approval (and support) for your …….

 

 

 

 

 

 

 

Reverse Logistics and Supply Chain & Transportation USA conference
Reverse Logistics and Supply Chain & Transportation USA conference

 

Filed Under: Timely Reports Tagged With: facilitation keynote workshop

April 5, 2016 by fiscaldoctor

A Great idea for Job Search

Feel someone you know may in transition or negotiating may benefit from this article

Written by Jason Karaian
 We got 10 CEOs to tell us their one killer interview question for new hires
http://qz.com/608398
Most of my job transitions and searches always seem to take longer than planned. I trust the article above or a podcast I recorded below can help someone you know in their search for a new C-Suite, middle management or their first entry level position.

Resume Basics and Strategic Value Adds

 https://fiscaldoctor.com/resume-basics-strategic-value-adds/

 

This is the details of the post we made.

Our subject matter experts are FENG members Jim Saylor (head of the resume review committee), Hugh Glazer (co-chair of Media SIG and resume review volunteer) and Gary Patterson (chair of High Tech SIG and resume review volunteer).

Jim will provide an overview of the resume review process available for FENG members only in a manner which may also be useable for your friends in transition. Based on the “Carson/ Letterman” ten worst things they see on resume reviews for FENG and other groups, Hugh and Gary will discuss a range of tactical and strategic points to add value to member resumes to support our members in job search.

Click below for the resume suggestions which Hugh has contributed.

Winter View Group Job Search Tips

Click below for the resume suggestions which Gary has contributed.

10 Strategic Resume issues

Filed Under: Timely Reports Tagged With: C-Suite job search resume

  • « Go to Previous Page
  • Go to page 1
  • Interim pages omitted …
  • Go to page 20
  • Go to page 21
  • Go to page 22
  • Go to page 23
  • Go to page 24
  • Interim pages omitted …
  • Go to page 65
  • Go to Next Page »

Primary Sidebar

The Fiscal Fitness Test

Stick Out Your Balance Sheet and Cough

Million Dollar Blind Spots

Gary W. Patterson, The Fiscal Doctor

812 Hallbrook Lane, Alpharetta, GA 30004
Contact No: 678-319-4739
Email: info (at) fiscaldoctor (dot) com

Copyright © 2016 - All Rights Reserved - Website Design by Pixelion Art

Featured Links

  • Books
  • Audios
  • Case Studies
  • Videos
  • FREE Resources

Gary W. Patterson, The Fiscal Doctor

812 Hallbrook Lane, Alpharetta, GA 30004
Contact No: 678-319-4739
Email: info (at) fiscaldoctor (dot) com

Copyright © 2016 - All Rights Reserved - Website Design by Pixelion Art

How Fiscal Doctor Can Help Your Business

test