Register now or log in to join your professional community.
Build your organization, company sustainability to avoid uncertainty.
We should make plan based on searches and studies , evaluating risks and building contingency plans , work to budget , investing in good business , monitering progress to make sure everything is going right .
Finance Department need to rule the company not the operation , and working together to achieve the target .
Long payment terms , sufficient cash flow and resreve , good turneover ratio can be also very helpful .
To secure your business sustainability, the business objective should secure three values, The TBL values.
As the literature defines, sustainability cannot be achieved unless the business objectives take in consideration the social, economic and environmental values or the TBL values. Meaning, the business cannot focus on delivering economic profits without considering what the society (including your employees and customers) needs as well as , the environmental sustainability, if the business did not consider the three values then sustainability cannot be achieved.
