To build a high-growth company that thrives in the long-term, it’s essential to identify and manage key metrics. These metrics act as your roadmap, guiding you to the future you envision. In a data-driven company, you are able to set smart strategies and make actionable goals happen.Here’s how to get a more focused view of company performance.
Carlson Thought Leadership in Finance & Technology
Carlson Management Consulting is featured in the Boston Business Journal Fast 50 for 2018, making this the third year in a row the company is awarded this honor for the fastest-growing private companies based in Massachusetts. Founder and CEO, Ethan Carlson, shares his insights on what it takes to achieve high growth.
Having financial foresight is crucial to the success of your company. By leveraging best practices in financial planning and analysis (FP&A), you will gain valuable insights into performance that will guide your business in the right direction. You will also develop informed and effective strategies that position your company for long-term success.
At Carlson Management Consulting, one of best practice mindsets that we instill with our clients is that your plans should always be up to date. According to a study by our partner Adaptive Insights, the leading Business Planning Cloud solution, 64% of annual forecasts are obsolete after 4 to 6 months. In our experience with new clients, we have found that most of their forecasts are already out of date by the time they are approved. If this is an issue with your company, there is an easy way to achieve the goal of accurate forecasts. The solution is[...]
At the recent 2016 Adaptive Live user conference, I had the opportunity to present a session along with a panel of our customers about the benefits of making Adaptive Insights the central hub of decision-making. Many organizations fail to fully utilize the breadth of capability within Adaptive for making solid business decisions by limiting the scope of data from which they work. Part of the reason for this is the mindset among some finance professionals that they should be concerned only with financial data. Another reason is that importing data[...]