SUSTAINABLE GROWTH      

Challenges facing the leadership and management of a company are continuously, dynamically changing and becoming more complex. The keys to sustainable growth are :-

• Development of clear vision of the enterprise.

• The ability to focus on the core business issues.

• The ability to leverage corporate strengths and to identify corporate and personal paradigms.

Sustainable growth is essential for long term financial health and is dependent upon the ability of management to understand and act upon the dynamics of change.  Like products, companies have life cycles. Those that are successful in the long term are those that have a clear vision of the future, and develop a proactive approach to that future.

Focusing on that strategic vision and managing the change process through organizational empowerment and sound business practices are the keys to sustainable growth.

Business Processes

Business and management processes define both revenue and cost structures. They can be restructured to encourage and enable growth and profitability. It is essential that businesses, regularly take stock and review:

• Strategic planning processes

• Business (operational) processes 

• Management processes

Systems Management

Sound financial management requires a focus on both the financial and non-financial issues that impact the viability of the enterprise. Reporting must be timely, accurate and appropriate to current and future needs of the organization.

Likewise, the accuracy and dependability of the operational and accounting systems and processes on which reporting is based are crucial.

Operational and accounting systems and the platforms on which they run should be reviewed for adequacy, accuracy and suitability for the medium to long term.  Data collection and processing as well as teh hardware and software platforms should be periodically reviewed as an intrinsic component of strategic planning. 

Financial Management
Financial reporting is the performance management tool of choice in most successful enterprises, but to be of real value, reports must address the areas of responsibility and sphere of influence of the reader.  

Management performance reporting is an evolving blend of financial and non-financial analysis.  A key factor in financial success is having reporting systems that add value through helping managers to manage.  

EMD has a wealth of experience in the design and implementation of financial and non-financial management reporting and analysis, and the systems that produce them.

Contact EMD for details on how we can assist you towards financial success. 

EMD      A Fundamentally Better Way to do Business ^™