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THE HIDDEN COST OF UNNECESSARY MEETINGS: HOW COMPANIES LOSE MORE THAN 500,000 CZK PER YEAR
Last time I wrote about what it means to shorten the monthly close time from 25 days to 4 days. What is the Cost of unnecessary meetings? At first glance, regular monthly business review meetings seem like a standard part of company management. However, in many organizations, they represent a significant and often invisible cost of unnecessary meetings. In one company with a large retail network selling consumer electronics, a monthly performance review is conducted across ap
Feb 202 min read


MONTH-END CLOSE IN 4 DAYS: HOW FASTER FINANCIAL REPORTING IMPROVES BUSINESS PERFORMANCE
Are You Managing Your Business or Looking in the Rearview Mirror? Imagine receiving complete financial results for the previous month on Day 25. At first glance, that might seem acceptable. But there is a problem. By the time you receive the numbers: The month is almost over. Problems have already escalated. Opportunities have already been missed. Decisions are based on outdated information. At that point, you are not actively managing your business. You are simply describing
Feb 93 min read
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