This cast recommends what every professional ought to know about your organization's basic financial health.
There are some things everybody ought to know about the financial health of the place where you work. It's really that simple. We've heard too many stories about people being surprised by layoffs, or reduced bonuses, or lack of pay raises, or tighter budgets to believe that everyone seeks out and learns what they need to know about how healthy their firm is financially.
We know it's hard to connect what you might be doing to the larger picture. On the other hand, if you're a manager, if you don't know that you better figure it out and you damn well better figure it out for your directs too. So if it's hard to see your connection to the big picture, we do understand that it's hard to recognize the impact of the big picture on you. [Until tighter budgets, flatter pay, smaller bonuses or layoffs suggest a hint of it.]
On the other hand, it's not that hard to find out. Here's what to know and how to know it.
- Need To Know: Annual and Quarterly Revenue
- Need To Know: Annual and Quarterly Profits
- Need To Know: Annual and Quarterly Industry Norms
- How To Know: Public Company
- How To Know: Small Company, Or a Private Company?