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Effective Financial Management by Geoff Turner

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Part V

Where to Next?

We are nearing the end of our story. In looking at this important discipline of financial management we have traveled a long road by identifying where we are, working out where we want to be, deciding on the best way to get there, and then looking to see if we actually made it. This happens continuously throughout the life of our organization in cycles of varying duration. The last question we must ask ourselves is this: Having experienced this journey and having reached our destination for this cycle, where do we want to go next?

To help us make that decision we need to understand whether it was all worthwhile. Did we really create something of value? How can we find the answer to that question? In this section we’ll look ...

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