Cash Flow Management, What Leaders Really Do, and Starting 2025 Strong
Back to basics on cash flow management, what leaders really do vs. manage, and holiday memories with Parker and Quinn.
HI! HERE ARE SOME INSIGHTS FROM MY PRACTICE DURING THE LAST MONTH THAT I WANTED TO SHARE WITH YOU:
Back to Basics – Cash Flow Management — For 2025, please add active cash flow management to your regular financial review process. If you are not already regularly reviewing cash flow statements and cash flow projections, please start now. Also consider using a tool like Cash Flow Story, which quickly provides piercing insights into your use of working capital. Reach out and we can work through Cash Flow Story together.
WHAT LEADERS REALLY DO
The terms leadership and management are often used interchangeably, which causes some confusion among leadership teams during planning sessions. What Leaders Really Do provides a very simple definition: 'Leadership is coping with change, management is coping with complexity.' As a leader you are setting direction, and this cannot be delegated to a committee. As you set out on 2025, please read through this article and make sure you are in fact leading.
AND ON A PERSONAL NOTE
Thanksgiving, Christmas, and New Year seemed to fly by again this year. I sincerely hope your holidays were full of family, friends, and fond memories. My daughter Quinn and her husband spent their first Christmas in their new home in Louisville, KY, and I got to spend Christmas morning with my son Parker here in Austin. I sincerely appreciate our friendship, and I cannot wait to see what we can accomplish together in 2025.
If any of this resonates, feel free to reach out.
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Ron works with IT services and growth-stage companies to build the leadership clarity and execution discipline that drives results.
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