Business Infographics

12 Harsh Truths About Building a Strong Company Culture Credits to Véronique Barrot, follow her for more useful content. ------ Here's the original post: Emotional intelligence fuels vibrant company cultures. Companies with positive cultures grow revenue 4X faster than others. Culture is the heartbeat of your company. Not a set of rules. Here are 12 harsh truths about building a strong company culture. 👇 1. Actions speak louder than words. ↳ Your culture is what you do, not what you claim to be. 2. Tolerating bad behaviour? ↳ That's the quickest way to destroy everything you're building. 3. Work-life balance isn't optional. ↳ It's essential for a thriving team. 4. People don’t leave jobs. ↳ They leave managers. Invest in leadership that nurtures. 5. Forget the bean bags and free beer. ↳ Culture begins with shared values and beliefs. 6. Values are just words until acted upon. ↳ Make them the core of your operations. 7. True culture embraces diversity of thought and life. ↳Not just fitting in. 8. Diversity, equity, and inclusion aren't just checkboxes. ↳ They're your cultural pillars. 9. Make meetings meaningful. ↳ Or they'll become the most dreaded part of the day. 10. The quietest in the room could be your most valuable asset. ↳ Listen. 11. A culture without psychological safety? ↳ It’s like a house without a foundation. 12. Rules apply to everyone. ↳ No exceptions. Brian Chesky of Airbnb says, "A company's culture is the foundation for future innovation. An entrepreneur's job is to build the foundation." Agree? Anything else you would add? ------- Follow Business Infographics to learn from the best visuals.

Month-End Checklist Credits to Nicolas Boucher, follow him for more valuable finance content. ------ Here's the original post: Month-End Checklist Here are 53 checkpoints to help you 👉 Grab your checklist here: https://lnkd.in/eiSMC7Cn Gathered around the main processes of accounting and reporting: • General Ledger & Journal Entries • Accounts Receivable • Compliance & Internal Controls • Miscellaneous • Accounts Payable • Financial Reporting • Taxes • Payroll & Benefits • Inventory & Cost of Goods Sold • Final Review & Approval Here are the most important checks in my opinion: - Review Aging Reports. - Review Work-in-Progress Accounts & adjust values as necessary. - Analyze Financial Ratios for insights and trends. ------- 🤖 Want to Become more efficient and secure your future by being the one who knows how to use AI! Start with 𝗡𝗶𝗰𝗼𝗹𝗮𝘀'𝘀 𝗖𝗵𝗮𝘁𝗚𝗣𝗧 𝗳𝗼𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗩𝗶𝗱𝗲𝗼 𝗖𝗼𝘂𝗿𝘀𝗲 Grab the offer here: https://lnkd.in/g_mQJ4Ap 💠 2.5 hours of on-demand videos 💠 450+ prompts 💠 Rated 5 stars ------- Follow Business Infographics to learn from the best visuals.

Why It's Important To Do Hard Things Credits to Benjamin B. Bargetzi, follow him for more impactful insights. ------ Here's the original post: Easy never changed anything. Why step up to the plate? ➟ Challenges reshape you. ➟ They push boundaries. ➟ They spark innovation. Break your limits, redefine possibilities. Cultivate Grit ↳ Resilience develops determination. Encourage Leadership ↳ Leading in adversity sets a powerful example. Build Creativity ↳ Difficult problems require innovative solutions. Inspire Others ↳ Your achievements motivate people around you. Expand Your Skills ↳ Tackling hard things pushes you to learn and adapt. Strengthen Resilience ↳ Each challenge you overcome builds your toughness. Grow Confidence ↳ Success in tough situations proves your capabilities. Enhance Decision-Making ↳ Complex situations push you to make smart choices. Tackling tough tasks isn’t just about finding solutions. It’s about discovering who you really are under pressure. Face the hard. Let it transform you. Grow beyond your expectations. Dare to do difficult. ------- Follow Business Infographics to learn from the best visuals.

Job Titles Don't Make You a Leader Credits to Andrew Lokenauth, follow him for more practical content. ------ Here's the original post: Job titles don‘t make you a leader. Here‘s what does: 1. Emotional Intelligence: Great leaders use their emotional intelligence to build strong connections, have tough conversations with empathy, and create an environment where people feel heard and valued. 2. Leading by Example: Leaders inspire the qualities they want to see in their team members, such as hard work, dedication, and integrity, by demonstrating these qualities. 3. Owning Mistakes: Great leaders take full accountability when things go wrong instead of deflecting blame. They own their mistakes, apologize, and focus on finding solutions. It encourages a culture of transparency and continuous improvement. 4. Providing Mentorship: They share their knowledge and experience to help others grow. They take the time to coach, provide feedback, and help others grow their skills and reach their potential. 5. Gratitude: It’s about showing thankfulness and valuing the work of your team. It helps build a positive work environment and strengthens relationships. 6. Integrity: Leaders with integrity tell the truth, honor their word, and uphold values over politics or personal gain. It involves doing the right thing, even when no one is watching. 7. Humility: They recognize that they don’t have all the answers and are open to learning from others. Recognizing that you don't have all the answers and being open to feedback and criticism is essential for growth and improvement as a leader. 8. Accountability: Accountability means taking ownership of your team's results, whether they are positive or negative. It fosters a culture of reliability and trust. 9. Empowering Others: Real leaders enable their people by delegating important work, setting clear responsibilities, and getting out of the way. 10. Empathy: The best leaders can put themselves in someone else's shoes. They see things from other perspectives and make efforts to understand the whole context of a situation before judging or reacting. ------- Follow Business Infographics to learn from the best visuals.

7 Finance And FP&A Skills For Management Roles Credits to Oana Labes, MBA, CPA, follow her for more insightful finance content. ------ Here's the original post: 7 Finance Skills All Managers Need Understanding Financial Statements Presentation & Communication Budgeting & Forecasting Investment Analysis Financial Analysis Risk Assessment Cost Analysis Here are the 7 Finance Skills All Managers Need to Know 1️⃣ Understanding Financial Statements 🎯Horizontal (Trend) Analysis: comparing financial data over time. 🎯Vertical (Common Size) Analysis: express each line item in a financial statement as a percentage of a base figure 2️⃣ Analyzing Ratios and Metrics 🎯Liquidity Ratios: Measure a company's ability to meet short-term liabilities. 🎯Profitability Ratios: Measure a company's ability to generate profits. 🎯Solvency Ratios: Measure a company's ability to meet long-term liabilities. 🎯Efficiency Ratios: Measure how well a company utilizes its assets and liabilities 3️⃣ Preparing/Reviewing Budgeting and Forecasting 🎯Incremental Budgeting: 🎯Activity-Based Budgeting: 🎯Zero-Based Budgeting: 4️⃣ Cost Analysis 🎯Cost-Volume-Profit Analysis: 🎯Direct vs Indirect Costs: 🎯Product vs Period Costs: 5️⃣ Investment Analysis 🎯Net Present Value (NPV): 🎯Internal Rate of Return (IRR): 🎯Payback Period: 6️⃣ Presentation and Communication 🎯Financial Storytelling: 🎯Effective Listening: 🎯Adaptive Leadership: 7️⃣ Risk Assessment 🎯Market Risk: 🎯Credit Risk: 🎯Liquidity Risk: 🎯Operational Risk: ------- 🛎️ Want to Improve your strategic decision-making, accelerate your career, and grow your business : Start with 𝗢𝗮𝗻𝗮 𝗟𝗮𝗯𝗲𝘀’𝘀 𝗧𝗵𝗲 𝗖𝗮𝘀𝗵 𝗙𝗹𝗼𝘄 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀: https://lnkd.in/ggdNjyK9 💠 50+ Lessons to Help You Achieve Mastery 💠 10+ Cash Flow Management Infographics 💠 10+ Excel Templates and Practice Files ------- Follow Business Infographics to learn from the best visuals.

5 Must-Know Money Rules Credits to Gav Blaxberg, follow him for more impactful content. ------ Here's the original post: What do you get when you follow money rules? The answer is increased wealth. In fact, self-made millionaires are 4x more likely to follow money rules than non-millionaires. And not only that... But following money rules can: 📍 Help you retire earlier 📍 Help you make more money 📍 Help you get out of debt faster 📍 Help you lower your stress levels Here are 5 must-know money rules: 1. 50/30/20 Rule The 50/30/20 rule helps you take control of your money. Start by categorizing your spending into 3 sections: 🥘 Needs (food, rent, utilities, etc.) 🚗 Wants (vacations, cars, eating out, etc.) 💸 Goals (savings, investments, extra debt payments, etc.) Once you have a better idea of your expenses... See if they align with the 50/30/20 Rule: - 50% of your income goes to NEEDS - 30% of your income goes to WANTS - 20% of your income goes to GOALS And if your spending doesn’t align [yet] with the 50/30/20 rule? Start making small adjustments to your budget. 2. 3-6x Emergency Fund Rule Always be prepared for unexpected expenses. Surprise expenses could include: 🚔 A car repair 🏡 A house repair 🏥 A medical emergency Avoid using high-interest credit cards to pay for surprise expenses. Instead, save 3 to 6 months’ worth of basic living expenses in an emergency fund. A high-yield savings account can earn you over 5% APY (variable rate). A 5% rate on $10,000 of cash would earn you $500. For doing absolutely NOTHING. 3. Rule of 72 Find out how long it will take your investment to DOUBLE. Divide the number 72 by the expected growth rate of your investment. This expected growth rate is expressed as a percent. Here's an example: Let's say you invest $10,000 in a rare art painting. And that painting averages returns of around 17.8% per year. So according to the Rule of 72, you would double your money in 4 years. 72 ÷ 17.8 = 4.044 years! The Rule of 72 can also tell you how long it will take for your money to HALVE due to inflation. Here's an example: Let's say you have $10,000 in cash... And inflation is stuck at 9.1%... It would take your money 7.9 years to HALVE itself. 72 ÷ 9.1 = 7.9 years! 4. 3x Rent Rule 5. The 4% Rule The 4% Rule says you can take out 4% of your savings each year during retirement without running out of money. It helps you plan how much money you can spend without using it up too fast. For example: Let's say you saved $1,000,000. Here's how to use the 4% Rule: Total money = $1,000,000 $1,000,000 x 0.04 = $40,000 $40,000 ÷ 12 months = $3,333 (pre-tax) That means you can spend up to $3,333 per month in retirement. Now, this rule is not perfect. There are a few considerations to keep in mind, like inflation. So it should only be used as a guide. What would you add to the list? Source: The_MMW (at X) ------- Follow Business Infographics to learn from the best visuals.

8 Tips To Help Your Team Avoid Burnout Credits to Abir Haddoud, follow her for more useful tips. ------ Here's the original post: Don't let burnout destroy your team. Have you ever seen this? ⤵ At first, your team seems a bit more tired. They become more irritable and less involved. They start missing deadlines now and then. 🚩 Innovation decreases. 🚩 Some members leave. 🚩 Teamwork breaks down. What happened? Their routine has led to burnout. 76% of employees feel burnt out sometimes. (Gallup) Your workplace greatly affects your mental health. To help your team, change your environment. How can you do that? 1. Promote balance 2. Provide support 3. Recognize efforts 4. Care for your team 5. Manage workloads 6. Encourage breaks 7. Offer flexibility 8. Improve Communication Start implementing improvements now. Don't wait for burnout to strike. Your team's mental health is at stake. ------- Follow Business Infographics to learn from the best visuals.

Leading A New Team Credits to Nihar Chhaya, MBA, MCC, follow him for more impactful leadership content. ------ Here's the original post: Are you in charge of a new team? These are 6 tips to have impact immediately: 1. Talk Less, Listen More ↳ Listening = Respect. ↳ Ask. Invite. Understand. 2. Connect, Then Direct ↳ Know them. Then lead. ↳ Relationships before results. 3. Learn All You Can ↳ Go beyond resumes. ↳ Discover their drivers. 4. Welcome New Ideas ↳ Celebrate creativity. ↳ It's fuel for innovation. 5. Get Them On Board ↳ Share the "why." ↳ Buy-in = Commitment. 6. Trust, But Verify ↳ Empower, but check. ↳ Balance is key. Listen, connect, learn, innovate, align, and guide. That's leadership. ------- Follow Business Infographics to learn from the best visuals.

The Finance for Non-financial Staff Cheat Sheet Credits to Nevena Miskovic, follow her for more valuable finance cheat sheets. ------ Here's the original post: The Finance for Non-financial Staff Cheat Sheet!! Ever wondered why finance matters to you? Let me tell you why! Understanding finance gives you a powerful edge in decision-making. 𝗜𝘁'𝘀 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗷𝘂𝘀𝘁 𝗻𝘂𝗺𝗯𝗲𝗿𝘀; 𝗶𝘁'𝘀 𝘁𝗵𝗲 𝗹𝗮𝗻𝗴𝘂𝗮𝗴𝗲 𝗼𝗳 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀. Financial knowledge helps you analyze and interpret data, enabling you to spot opportunities and make informed choices. Having a grasp of finance helps you protect your department's budget and resources, ensuring efficient resource allocation 𝗛𝗲𝗿𝗲 𝗶𝘀 𝘁𝗵𝗲 𝗰𝗼𝗻𝘁𝗲𝗻𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗳𝗼𝗿 𝗡𝗼𝗻-𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝗳𝗳 𝗖𝗵𝗲𝗮𝘁 𝗦𝗵𝗲𝗲𝘁: ▶️ Definitions Balance sheet Profit and Loss account Cash flows EBITDA Profitability ROE Net Margin Operating expenses and more ▶️ Financial statements (FS) Example of the main FS Relation between FS Content of FS ▶️ Financial ratios explained with formulas Current ratio Quick ratio Other liquidity ratios Net profit rate Debt Ratio Days sales outstanding Days inventories outstanding and more ▶️ Structure of the finance department ▶️ Vertical financial analysis ▶️ Discounting, cash flow discounting example ▶️ Example of valuation via EBITDA multiple ▶️ Financial terms comparison ------- 🛎️ Want to develop your 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗺𝗼𝗱𝗲𝗹𝗶𝗻𝗴 𝘀𝗸𝗶𝗹𝗹𝘀? Start with Bojan and Nevena’s Masterclass: https://lnkd.in/ewVWf_5b 𝗪𝗵𝗮𝘁 𝗶𝘀 𝗶𝗻? 💠 6 Hours of video course sessions 💠 35 lessons divided into 5 modules 💠 10+ Languages video course subtitle 💠 50+ finance modeling sheets, editable in Excel 💠 330 pages of PDF finance modeling instructions 💠 30+ Pieces of actionable content: visuals, handbooks. 💠 Assumptions, accuracy validation, and consistency checks 💠 3 statements monthly and annually planning Excel model 💠 Advanced platform interface, tracking notes, and progress ------- Follow Business Infographics to learn from the best visuals.

9 mindsets of the most successful people Credits to Lukas J.M. Stangl, follow him for more practical content. ------ Here's the original post: Success starts with mindset. 9 mindsets of the most successful people: — They are curious — They are resilient — They are positive — They are focused — They are strategic — They are proactive — They are adaptable — They are collaborative — They are growth-minded Adopt these mindsets to thrive. Here's how: Curious ↳ Ask more questions daily. ↳ Explore new topics weekly. Resilient ↳ Embrace setbacks as learning. ↳ Practice gratitude even if it’s hard. Positive ↳ Start each day with affirmations. ↳ Focus on solutions, not problems. Focused ↳ Set clear priorities each morning. ↳ Eliminate distractions during work. Strategic ↳ Plan your week every Sunday. ↳ Break down big goals into steps. Proactive ↳ Volunteer for new projects. ↳ Take initiative in small tasks. Adaptable ↳ Embrace change with an open mind. ↳ Reflect on what worked and what didn’t. Collaborative ↳ Ask for feedback often. ↳ Celebrate team successes. Growth-Minded ↳ Seek out mentors in your field. ↳ Always look for ways to improve. ➡️ Remember: You have the power to shape your future. Success is built on the right mindset. Now go and make it happen. ------- Follow Business Infographics to learn from the best visuals.