Tightly Manage Cash Flows and Liquidity
Navigating through turbulence at thirty thousand feet is different than at three thousand feet. Up high, pilots have more options. They can maneuver around approaching storms or reduce their speed for a smoother ride. If fuel is running low, they can scout for the best runway to touch down safely and plan their next moves. Closer to the ground, everything changes. Storms are unavoidable, reaction times shrink, and options evaporate. Staying aloft requires quick and accurate decisions based on an immediate grasp of the resources available.
It’s much the same for business leaders flying through major economic turbulence. Knowing your altitude in terms of financial strength and flexibility is crucial. Earnings ...
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