Avoiding Growth That Leaves You Broke (Part 3) Calculating the Odds of Successful Execution
CEOs excited about growth often open the purse strings too widely and wind up in financial crisis. Yet it is true that you have to spend money to make money. So what’s the right balance?
This series zooms in on tangible ways to assess the right spending velocity. My post on Forbes.com is just a moment away. Please read this Forbes article and feel free to weigh in with your comments.
Tags: business acumen, business planning, cash flow, financial performance, scaling, strategy
Robert Sher is founding principal of CEO to CEO, a consulting firm of former chief executives that improves the leadership infrastructure of midsized companies seeking to accelerate their performance. He was chief executive of Bentley Publishing Group from 1984 to 2006 and steered the firm to become a leading player in its industry (decorative art publishing).