Leading Through Inflation: An Introduction
Preparing a company to battle this sudden rise of inflation is one of the most difficult tasks that will ever confront the CEO and management.
Preparing a company to battle this sudden rise of inflation is one of the most difficult tasks that will ever confront the CEO and management.
Keep your eye on some essential priorities. The most important thing is continued cash flow generation, forecast on a conservative basis.
No matter what, you must continue to build the future even as you focus intensely on the day-to-day immediacies.
The challenge of inflation must be met with total candor, honesty and credibility, both internally and externally. Some tips.
Start by making sure the executive vice president for sales and marketing is aboard with leadership’s views and plans.
More than anything else, the CFO has got to show everyone how the business model needs to change during inflation.
The CHRO should be able to give their plan for human capital during inflation the same way the CFO does for the company’s finances.
In an inflationary environment, the board of directors has an obligation to delve deeper into details and plans with the CEO and CFO.
Tips to transform some essential functions to be more effective in your company’s fight against inflation.
The first priority of R&D in this economy is to focus innovation efforts—above all else—on the continuity of the business.
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