In "Managing by the Numbers" Chuck Kremer and Ron Rizzuto asks these three questions:

• Do you have your company's full accounts "on the table" at the beginning of each month?
• Do you understand what is in them, or do you get a proper explanation from your accountant?
• And most importantly, do you use this information and interpretation to make decisions based on your strategic priorities?

If the answer to any of these questions is NO, you are part of the business majority. That's the "evil of many, the consolation of fools", but it is worrying because it means that you either make decisions without up-to-date information, you do not make decisions even though you know you should, or you make decisions on information you do not understand.

I know I'm tough, but it's time to get on with it if you want to improve your results and enjoy your business.

© Oriol López Villena 2022

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