REL: Cashflow is king

Posted by Janice McGinn in Strategy & Planning, Management & Execution on Wed, 16/12/2009 - 17:23
  • Developing and maintaining a cash culture study is critical.
  • Overcoming old cash management habits, some decades old, is not easy.
  • Good cash flow management can be relearned.

Cash on hand between 2007 and 2008 fell at least 10% in all but two sectors. Total cash on hand, including short-term borrowings, fell 16% to 14.7% for PCs and peripherals to 2.6% to 1.9% for multi-utilities, according to REL.

REL is a division of The Hackett Group, a global consultancy focused on sustainable cash flow improvement from working capital and across business operations.

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What are your top business challenges today?

2009-08-12 15:53 - 2076 reads
Getting through to 2H 2010
10% (4 votes)
Planning strategies for growth after the recession
15% (6 votes)
Keeping down costs
27% (11 votes)
Raising capital and credit
7% (3 votes)
Maintaining a healthy cashflow
41% (17 votes)
Total votes: 41

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