As promised, here are our key takeaways from last week's financial models workshop! What did the experts have to say? 💼 “If you don't start off with strong financial modelling, your numbers will very quickly go all over the place, becoming difficult to understand.” 📊 Financial models simplify complex data into relatable narratives that engage stakeholders and investors. 📈 As you grow, consider how low fixed costs will impact your footprint. “Models shouldn't sit still, they need to evolve with your business.” 💰Understanding where your money goes will make it much easier to persuade investors. “Communicating good news is important to keep investors engaged.” 🌟 “You can't ask someone to come into an exciting venture, if it doesn’t look exciting.” 🧩 “Remember to talk to assumptions across different customer profiles, including ages, clinical indications, and stages of adoption.” ✅ The essence of a good model is simplicity. “You should be able to add new inputs each year, expanding and contracting without manual inputs.” 📉 “You need some model or collection data that justifies value for investors. Is this going to give me a return that matches my funding needs?” 🔄 Digital health ultimately involves a lot of change management. You need to go into it with a change management mindset. 👓 Look at it from your customer's point of view. What’s the business case they’ll be making at their end to justify your solution? ⏳ “Your models will never be perfect enough. Becoming good at understanding when you should stop is extremely valuable.” Missed out on this workshop? Get in quick for our upcoming events: https://loom.ly/WSG18Do Thanks again to all of our speakers for sharing their insights: Kim Smyth (ANDHealth), Boon Keat Chan, Larissa See, Mark Ellis (William Buck), and Dr Simon Graindorge (OncoRes Medical). CHICC is supported by the Australian Medtech Manufacturing Centre (AMMC) and the Victorian Government Department of Jobs, Skills, Industry and Regions.
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Fractional Operating Officer | Founder | Integrator | Advisor | Thought Leader | GTM | Sales Leader | AI | Solar | M&A | Buy/Sell | Building the life you deserve!
How Open Financial Practices Build Investor Confidence: As C-suite leaders, we know that maintaining investor confidence is critical to fueling sustainable growth. One powerful way to build that confidence is through open and transparent financial practices. 💡 Research shows that transparency helps reduce uncertainty, which is a major driver of investor anxiety. When investors can easily access and understand a company's financial position, performance, and plans, it gives them a clear picture of the risks and opportunities. This clarity builds trust and credibility which are two key ingredients for attracting and retaining investor support. 💡 Beyond just sharing financial statements, leading companies are going further to demonstrate their commitment to openness. Some are hosting regular investor calls, publishing detailed management reports, and even live-streaming board meetings. By inviting stakeholders into their processes, these organizations are showing they have nothing to hide. The payoff is significant! Investors reward companies with strong financial transparency through higher valuations, greater access to capital, and more loyal shareholder bases. It's a virtuous cycle - open books build confidence, which fuels growth, which in turn generates more opportunities for transparency. As you review your growth strategies for the 2025 year ahead, I encourage you to examine your financial transparency practices. 📈 What more can you do to lift the veil and show investors the full picture⁉️ The returns, both in market performance and organizational trust, will be well worth the effort! #FinancialTransparency #InvestorRelations #GrowthStrategy #AI #Solar #ThoughtLeadership #GTM #Sustainability
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Financial Decision-Making: Balancing Intuition and Logic In the realm of financial decision-making, the debate between relying on intuition versus logic often surfaces. Both approaches have their merits and drawbacks, and understanding when to use each can significantly enhance decision quality. Here's a deeper look at how blending intuition and logic can lead to more robust financial decisions: The Case for Logic: Data-Driven: Logical decision-making is rooted in data analysis, financial models, and empirical evidence. This method minimizes risks and provides a clear, objective basis for decisions. Reproducibility: Decisions made logically can be easily explained and replicated, which is crucial in corporate environments where accountability and transparency are key. Scalability: Logical methods can be scaled up with technology, allowing for complex analyses and handling large datasets efficiently. Pros: Reduces emotional bias. Provides a clear rationale for decisions. Cons: Can be time-consuming. May overlook nuances that data cannot capture. The Case for Intuition: Speed: Intuitive decision-making is fast and is often used when quick decisions are needed, drawing on deep experience and gut feelings. Adaptability: In situations with incomplete information, intuition can fill in gaps that logical analysis cannot address, especially in fast-paced markets. Innovation: Many innovative decisions come from 'hunches' or intuitive leaps that defy conventional logic, leading to new solutions and ideas. Pros: Allows for decisions in uncertain conditions. Draws on accumulated experience and expertise. Cons: Harder to justify or explain. Riskier if not based on extensive experience. Finding the Balance: The most effective financial decision-makers know how to balance and blend both intuition and logic. They use logic to gather and analyze data but also trust their intuition when conventional data points are out of step with market dynamics or when they sense an unexploited opportunity that data alone doesn’t justify. Practical Steps: Develop a framework that uses logical analysis as the foundation but leaves room for intuitive inputs, especially in strategic decisions. Reflect on past decisions to understand when intuition has led you astray or when it has been spot-on. Cultivate emotional intelligence to refine your intuitive skills, making it a more reliable tool in decision-making processes. By respecting the strengths of both intuition and logic, and understanding when to leverage each, financial professionals can navigate complex landscapes more effectively and make decisions that are both innovative and grounded. #FinancialDecisionMaking #Intuition #Logic #BusinessStrategy #Leadership #FinancialAnalysis #ProfessionalDevelopment
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Driving Business Growth with Data Analytics | Expert in Financial Insights (Power BI, SQL, Excel) | Market Validation, Investment Strategies Process Optimization & FP&A |
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Experienced Business Consultant, coach and NED - proud to be supporting some of the Humber's fastest growing businesses.
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White Paper Release: 'Contemporary Wealth Management: Optimizing Client Acquisition and Engagement in the Current Times' 🌟 Discover a Future-Ready Approach to Wealth Management Delve into the comprehensive insights of our latest white paper, authored by Dr. Gaurav Jain, a renowned Business School Professor and Investor Behavior Expert. This publication explores the critical roles of content, communication, and technology in reshaping wealth management for today's dynamic financial landscape. Key Highlights for Financial Advisors: Strategic Content Utilization: Are you leveraging high-quality, personalized content to educate and engage your clients effectively? Tailored Communication Strategies: How are you customizing your communication to meet the diverse needs of different investor types, enhancing trust and relationship depth? Technological Integration: Are you employing the latest advancements in AI and big data to streamline operations and deliver seamless client experiences? 🔗 Download Your Copy Today Embrace innovative strategies that can significantly enhance client acquisition and engagement. Learn how integrating these key elements can drive your practice forward in the competitive field of wealth management. Download Now: https://lnkd.in/gMXtTdWJ #WealthManagement #FinancialAdvisors #ClientEngagement #BusinessGrowth #Innovation
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Strategic Business Buyer & Investor | Value Creator | Expert in Acquisitions & Group Building
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"Inspiring session on value and people. The hard work starts now in evaluating our organization and making the gaps visible for change."
Does your organization have a Human Value model? Financial models of company value dominate corporate analysis. The release of new company data sparks widespread activity to update them. Internally within a company and among an array of investment and external analysts. What do these numbers tell us about the financial health of a firm? What do they say about future profitability and market value? Financial models and analysis form the basis for thinking and decision-making on such matters. But is there something missing? What about how people are contributing to company value? Or what about the material human risk that is being carried? How do you assess and measure your investments in people? Or the management activities and interventions that are designed to improve the organization, its value, and its impact? This week I was excited to work with cross-functional teams from 5 different companies. We began the process of developing their own Human Value models. Using The Maturity Institute frameworks, each company is now developing its own. What did we work through? ✅ Understanding what kind of Value companies were creating with their human capital and how this was being measured. ✅ Identifying the quantifiable and qualitative evidence to show whether human capital is being deployed as effectively as possible, and to comprehensively reconcile and optimize all Value outcomes. ✅ How a coherent set of measures can help each organization better understand and manage these linkages. The Maturity Institute is partnering with the Unbossers Network Y Program 2024. This unique project brings together cross-functional teams from companies together with outside experts, who share knowledge, experiences, and lessons learned. The overall aim of the Unbossers Program is to “Create large-scale connection and dialogue in our organizations that can address important challenges.” Please contact Nick Van Langendonck if you want to know more. #ESG #humancapital #totalstakeholdervalue
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