Trends

We made a profit of 200 (doesn’t matter if it’s $200, $200,000 or $200,000,000). Rather than declaring this as a good achievement (or a bad achievement), it’s important to know the trends.

If the 200 is greater than previous accomplishments, you are trending up. If the 200 is less than previous accomplishments, you are trending down.

One of the mistakes large organizations make is to look at the final numbers and ignore the trends. They see a profit and ignore the trends and before they know it, it’s too late to correct.

Watch the trends, figure out what is causing them and react accordingly

Have a great day!

Lawrence

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