Fiscal Doctor

Dramatically Accelerate Correct Fiscal Leadership Decisions!

CEO

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Could Capital Allocation Kill Your Company – As It May Have Done to GE?

Warren Buffet, Forbes et al talk about the dramatic value of capital allocation as the most crucial role for any CEO. Think of this as who gets the best money, best people and top management time, focus and sponsorship

You and I both have been there when politics, bluffs or gross exaggerations carry the day to misallocate scarce resources of money, key people and focus. If this sounds familiar, where are your key leaders putting their hand on your decision scale? What is the cost if that is happening in you your capital expenditure planning (CAPEX), budget, strategy or day-to-day leadership process?

Some may ask, does this really matter in the grand scheme of things.

Before answering, read What the Hell Happened? a featured Fortune article. It describes in cathartic detail the 18-month General Electric corporate meltdown. Buried in the middle of the article are off the record statements saying the biggest factor in this historic catastrophic destruction of shareholder value was “capital allocation” strategic decisions under Immelt.

Questions asked imply:

  • Will GE survive in its recent form?
  • Will it be broken up?
  • If so, what are the pieces taken out?
  • What will happen to its fabled leadership development process?
  • How will the form its main businesses carry on look like?

Hardly the kind of legacy anyone wants to happen under their watch. With that reminder, where do you see some of these issues growing inside your organization?

Are you ready to realistically self-examine and consider options for how and where can you and your organization do even better?

Consider the proverbial scale from 1 to 10. 1 is “you may see us written about in our business journal, unless something changes.” 10 is, Harvard and Stanford etc. will write us up as the best example of capital allocation.

  • What is your real score?
  • What score do you want?
  • Which CAPEX projects and opportunities could you pursue if you unlocked cash or financing?
  • Now answer, are you even talking to your top people about this today, and regularly?
  • Which of these same things creeping into your business?

Why not seize some near-term benefits as part of this process? Unlock cashflow to fund those deserving operational, IT and systems needs which just missed funding under the prior strategies and budgeting processes.

Let’s free up and accelerate some cashflow for more of your CAPEX projects as part of your review and improvements of however good (or weak) your capital allocation process is.

You can do even better by addressing these questions. Spotlight just one action to start immediately with a potentially lucrative ROI. Use that success and savings for the next item on your list.

READY TO TALK?

I’d love the opportunity to connect and learn how I can help you today! Email me at [email protected] or call 678-319-4739. Imagine how much you can benefit.

About Gary W. Patterson

Gary W. Patterson, president & CEO of FiscalDoctor®, works with leaders who want to make better decisions. He can also help increase your profitability, providing access to 100 best-of-the-best experts who are often better and cheaper than incumbents. Gary can be reached at 678-319-4739 or [email protected]

 

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Which Executive Group Are You In – Group A or Group B?

Group A = less than 20% of Executives who achieve their 2018 career and company goals.

Group B = greater than 80% of Executives who DON’T achieve their 2018 career and company goals.

Sadly, there’s a strong indication you will end up in Group B, but it doesn’t have to be that way. Invest 2 minutes right now and discover how you can avoid multi-million dollar mistakes and gain the recognition you deserve and desire!

My name is Gary Patterson, and you can be among the successful executives I’ve helped in over 200 multi-million dollar companies by taking this one simple step.

“My credentials?” You ask. Yeah, I’ve got lots of them… Big 4 CPA, Stanford MBA with 30 years of success leading execs to higher levels of productivity and recognition. I consult and speak regularly on business growth, accountability, facilitation, governance, risk management, achieving corporate financial goals, building long-term wealth, yada, yada, yada…

But let’s not talk about me, this is about you! Just, 2 minutes invested right now can make or save your organization millions in 2018…and even more in the years to come. And, the recognition you can gain? Well, that will speak for itself! Take this one simple step now to set up our 20 minute phone meeting to ensure you are in Group A for 2018 and each year thereafter. I do not require a fee for this call, just your serious attention. You can reach me at 678-319-4739 or contact me at gary  @  FiscalDoctor.com.

P.S. I can also help increase your profitability like I have for other execs by providing access to 100 best of business experts who are often better and cheaper than your incumbents.

 

 

 

 

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Post-holiday gift for a small or SMB business you know

You can help a small or middle market company CEO or leader gain a free 25K+ package. This includes companies as large as $80 million, 3rd generation family businesses and nonprofits.

Someone you know may benefit from learning about the Goldman Sachs 10,000 small business initiative to stimulate business growth and employment. I believe in the program enough to give back contributing time as a national Virtual Business Advisor (VBA) for an evening where any CEO can ask any questions they want about financial statements and how to better use them.

Goldman Sachs 10,000 Small Businesses launched in 2009 as an investment to help entrepreneurs create jobs and economic opportunity by providing greater access to education, capital and business support services (in every state).

Companies that are accepted obtain free access to a 11 session blended learning program geared to helping them identify opportunities, develop leadership skills and maximize their business operations, including 2 fully paid groups trips for sessions led by some of Babson’s best professors.

http://www.goldmansachs.com/citizenship/10000-small-businesses/US/

A large number of current attendees do so after being told about this program by a prior graduate, or related organization. Since you may know an organization which would benefit from this, I thought helping someone you know benefitting from this program warranted one of my emails.

The FiscalDoctor part of me wanted to know an estimate of the value of the package that the winning entrepreneurs earned. I was told my guesstimate of at least 25 to 30k was definitely reasonable.

Let me know if you want to talk more about the value I saw the leaders I help receive or any other questions.
Or, if you know a CEO who is lonely at the top and would like to have coffee and ask what CEOs are learning in the Goldman Sachs 10,000 small business program, have them call me at 678-319-4739.

You can also contact me today at [email protected] to talk about your special situation or project that needs immediate attention. On that note, I look forward to serving you.

Gary

Gary Patterson
FiscalDoctor, Inc.
[email protected]
(678) 319-4739

Key member of 2 successful Inc. 500 international Companies always ready to help you next.

PS. Helps leaders increase profitability providing access to 100 insider ways to unlock cashflow often better and cheaper than incumbents. Gary can be reached at 678-319-4739 or [email protected].

WHAT I DO: Help you keep more money, with less risk. You know how your organization sometimes feels like it is a best kept secret, coasting on past success, or just stuck, so you have nagging under-performing or even a loss of control feeling?
WHAT I DO: Help you keep more money, with less risk. You know how your organization sometimes feels like it is a best kept secret, coasting on past success, or just stuck, so you have nagging under-performing or even a loss of control feeling?

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Business Growth Strategies

BusinessTown gave me the link below to share on my video .

In a world where you really don’t have all the money, people, and time you want, where should you look for either a blind spot to avoid or a place you can build on as a strength. I have five comments I’m going suggest today.

Know Where You Make Your Money

Know How to Spot Change

Know How to Plan for Change

Understand Opportunity Cost

Know When You Are Kidding Yourself

Normally when I do an interview, people ask me either what I am concerned about or what I am telling my clients at this time. So here are three things I’m going to suggest you consider. First, where might you be taking one of your key stakeholders for granted a little too long? Perhaps it’s an employee, a customer, the bank, your key people, your spouse, or a friend. Next, where is your cash going to be six months from now? And third, where is there a little itty-bitty 75-pound scrawny gorilla happily and contentedly growing up ignored until they’re going to become the 800-pound gorilla at the absolutely worst time possible? It’s pretty inexpensive to give yourself a very reasonable fiscal checkup to see where you need to diagnose or treat for wellness.

Business Growth Strategies with the Fiscal Doctor. Originally Appeared on BusinessTown

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Directors and C Suite of Middle Market, Private & Family Business

Strategic Profitable Growth Expert Gary W. Patterson Will Attend National Association of Corporate Directors Board Global Board Leaders’ Summit 2017

Strategic enterprise risk management (ERM) expert and speaker Gary W. Patterson, FiscalDoctor®, will attend the NACD Global Board Leaders’ Summit 2017 hosted by the National Association of Corporate Directors focused on – Risk, Compensation, Nominating and Governance, Future Trends, Social Media & Technology, Global, Audit and Regulatory, Private Company, and Small-Cap Company.

Who will be there?
• Corporate directors, key committee chairs and board chairs
• Corporate officers and C-suite executives
• Shareholders, stakeholders, regulators and legislators
• SMB, middle market and global 2000

Patterson works with leaders to uncover million dollar blind spots: before they find you — to make better business decisions and dramatically accelerate correct fiscal leadership decisions. This helps leaders gain control of their financial destinies and capitalize on hidden high return opportunities, while limiting their exposure to risk.

As a part of their risk management process, it is imperative for management to understand the magnitude of risks in pursuit of their business objectives, and how the organization’s products and offerings and opportunities can be mapped to these risks. Just as every person needs a medical doctor; every organization needs a FiscalDoctor and periodic fiscal checkups.

He also supports special projects for business growth, risk assessments, value based enterprise risk management (ERM), operational risk management (ORM), fiscal checkups, corporate governance, strategic planning updates, special board projects or requests and strategic growth diagnostics.

About Gary W. Patterson
Patterson, a Big 4 CPA / Stanford MBA, speaks regularly on strategic contingency planning, governance, risk management, achieving corporate financial goals, and building long-term wealth. His book Million Dollar Blind Spots: 20/20 Vision for Financial Growth provides cutting edge follow-up for blind spots: how to identify them, exploit opportunities and mitigate risks. Visit his website at https://fiscaldoctor.com and “free” fiscal fitness test at https://fiscaldoctor.com/fiscal-quiz/ , or call 678-319-4739.

Enabling growth through leverage you did not know you had.
Enabling growth through leverage you did not know you had.

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Reduce Risk: Middle Market, Board, President, C-Suite, Family Business

REDUCE RISKS BY ADDING ALLIES FOR BETTER RISK MANAGEMENT: Reveals Sustainable Profitable Growth expert and Speaker Gary W Patterson, the FiscalDoctor®

July 11, 2017 – Birmingham, United Kingdom and Atlanta, Georgia – International enterprise risk management (ERM) expert and speaker Gary W. Patterson’s article “REDUCE RISKS BY ADDING ALLIES FOR BETTER RISK MANAGEMENT” is published by Risk & Compliance, a member of Financier Worldwide. https://riskandcompliancemagazine.com/reduce-risks-by-adding-allies-for-better-risk-management/

By investing small amounts of additional time and money, you can dramatically improve ERM efficiency while gaining new allies, and even friends.

Learn:
Who are your natural allies?
Where can you search for them?
Why will they care?

Every organization, regardless of size, never has all the money,
people or time desired. But value can be added through the fresh eyes and comments of independent outsiders. Look at how well your organization accesses and coordinates with outside resources

To keep your organization strong, consider where you can you apply some of these suggestions and coordinate with your natural allies for the betterment of all.

To discuss your situation, or how your answers on the questions differ, call Gary Patterson at 1-678-319-4739. Clients call him their FiscalDoctor® and just as every person needs a medical doctor; every organization needs a FiscalDoctor and periodic fiscal checkups. He also supports special projects for risk assessments, enterprise risk management (ERM), operational risk management (ORM), fiscal checkups, corporate governance, strategic planning updates, and strategic growth diagnostics.

About Financier Worldwide
Financier Worldwide is a leading publisher of news and analysis on the global business and finance market place. With leading products such as the monthly print publication, Financier Worldwide Magazine, the organization has become recognized as a leading source of intelligence to the business and corporate advisory community. www.financierworldwide.com

About Fiscal Doctor Inc.
FiscalDoctor Inc. enables sustainable profitable growth through leverage you did not know you had and works with leaders to uncover million dollar holes to make the best business decisions and dramatically accelerate correct fiscal leadership decisions. This helps leaders regain control of their financial destinies and capitalize on hidden high return opportunities, while limiting exposure to risk.

Patterson, a Big 4 CPA with a MBA degree from Stanford University, speaks regularly and leads strategic working sessions on topics such as corporate governance, risk management, strategic contingency planning, achieving corporate financial goals, and building long-term wealth.

His book Million Dollar Blind Spots: 20/20 Vision for Financial Growth provides cutting edge follow-up for blind spots: how to identify them, and exploit opportunities and mitigate risk related to million dollar blind spots. Visit his website at https://fiscaldoctor.com and “free” fiscal fitness test at https://fiscaldoctor.com/fiscal-quiz/ , or call 678-319-4739.
© Gary W. Patterson. ###

risk assessment to uncover opportunities to accelerate and risk to minimize
risk assessment to uncover opportunities to accelerate and risk to minimize