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How Women Lead: The 8 Essential Strategies Successful Women Know by Laura Henderson, Sharon Hadary

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SUCCESS STRATEGY FIVETranslate the Stories Numbers Tell to Drive Strategic Results

In Success Strategy Three, “Be the Architect of Your Career,” we talked about two factors that are critical to advancing in business: focusing on outcomes and results, and getting profit-and-loss experience. To be effective in these two areas, you must understand the financial fundamentals of your company, how it makes money, what management’s financial philosophy is, and how this translates into action in the decisions you make for your business unit or department.

Being able to tie your actions to the overall results of the business makes you act differently when making decisions. You will be more effective in presenting your results to management when you can ...

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