Data
You can’t cut your way to real success.
When you look at expenses, you’ll probably find yourself in one of three situations: Unsolvable: When debt is really high or your rent is out of whack, data probably won’t save you. When your data tells you that everything must…
Data and Feelings
There are those who think that data can solve all your problems. Others focus on feelings. Are people motivated? Do they want to move forward. I’m convinced that you need both. And I think that most folks if they think…
Numbers that are very difficult to change
It’s hard to help someone out of a well when it’s 100 feet down. It’s also hard to help folks move forward with data when they’ve dug their own very deep well and jumped in. As in signing a lease…
Numbers that matter
I’ve read of lot of financial statements in my life. And I’ve explained financial data to people who hated anything to do with accounting. And the key thing that comes out over and over again is that numbers are SIMPLER…
You get what you need.
“Do you really need this data?” is a useless question Because 99 times out of 100 you’ll get a yes. Even if that data was used once three years ago to answer an audit question. Or it helped satisfy a…
What is vs what should be
As in much of life, software can drive you crazy because how things are (“what is”) is not how we’d like (“what should be”). Years ago, a client came to me with a small issue in their accounting software. There…
You get what you pay for
You get what you pay for but not what you expect. I once had a client that ran cable tv systems in the mountain west. They were really driven by numbers. Bonuses depended on keeping to budget. One year a…
Numbers are relative
Most numbers aren’t good or bad Many of my projects are designed to help folks improve certain metrics. It’s key to remember that whether a number is good or bad depends on the business. I had a client take on a…