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HR Finance 101: A Guide To Finance for HR

AIHR

Labor costs like salaries, benefits, and related taxes make up as much as 70% of total operating costs of a business. For example, when a company pays a wage for a service rendered, the amount is recorded in the wages payable account of the balance sheet. Understanding the balance sheet. Cost per hire.

Cash Flow 136
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Creating Alignment between Marketing and Sales | Winston Henderson

Peter Winick

When this happens, neither department is focused on their own metrics or wins. Everyone has individual performance metrics, but you have to balance, especially on attribution, between the individual’s performance and the team’s performance. I know who benefits versus content marketing.

Sales 244
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Maximizing the Flow of Ideas for Your Organization. | Jeremy Utley & Perry Klebahn

Peter Winick

Jeremy Utley and Perry Klebahn are the co-authors of Ideaflow: The Only Business Metric that Matters. It’s titled Idea Flow: The Only Business Metric That Matters. And that’s one thing that we’re hoping that this book does is puts idea flow on the balance sheet or on the measurement dashboard of every leader.

Metrics 130
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Data Driven Approach to Change Management

Change Guides LLC

But, using data to increase a company’s bottom line is not the only benefit of a company becoming more data driven, leveraging data can also help lead more successful change management initiatives. A dashboard can present a set of metrics or statistics that give a snapshot of the state of the change management process.

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What If Companies Managed People as Carefully as They Manage Money?

Harvard Business Review

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. A statistical analysis of metrics from Workplace Analytics and other factors revealed that top performers and average performers spent their time differently.

Manager 15
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How Amazon Trained Its Investors to Behave

Harvard Business Review

Slate's Matthew Yglesias cracked that "Amazon, as best I can tell, is a charitable organization being run by elements of the investment community for the benefit of consumers." Clayton Christensen has long complained that standard financial metrics can be enemies of innovation and growth. billion in bonds the year before).

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Know When to Kill Your Brand

Harvard Business Review

Profitability isn’t a useful metric. The owners of Service Merchandise and Woolworth’s have both benefitted from this line of thinking. If your brand is struggling, take a hard look at your purpose, not just your balance sheets. But sometimes the right decision is the more painful one.