A strong finance capability is key to better business decisions. Without the key data provided by strong financial analysis, making large business decisions can feel like plucking something out of thin air.
As an entrepreneur or leader of a NFP, there’s pressure from stakeholders to prove your value and yet, how do you show that you’re moving the needle forward? While it sounds like a simple question, it is not always clear because there are so many levers at play – revenue, funding (restricted and unrestricted), operational costs, employees, margins etc. If it’s so complicated, why even bother?
A solid, simple and focused strategic plan can be a powerful tool in moving the needle forward in an organization. Understanding why plans can fail enables leaders to create a tailored strategic planning process that takes the challenges into account.
The search for talent has become increasingly more difficult post pandemic. Understanding what employees want from a work environment can help you attract and retain talent. Business Sherpa Group collected data from employees across multiple industries and from a variety of professional and levels. This is a summary of some of our key findings. We hope this information helps you make business decisions that support your organization’s talent management strategy.