In this week’s video blog our expert guide, Don Hadley, talks about Operations and Allocations.  Today’s leaders tend to have an operations background and thus focus on how to run more effectively.  Many of our clients focus on this but they miss the cash that is generated through the operations and capacity and to allocate or borrow on that capital.

Successful leaders and organizations typically also spend 80% of their time focused on Capital Allocations.  Time should be spent each week reviewing these allocations, reviewing the metrics and measure for those.

Types of Capital Allocations:

• How much debt to carry
• How much equipment to buy
• Team Development
• Marketing and Advertising
• Research and Development

In today’s business climate, it is critical for leaders and teams to have clear, concise understanding of where money is coming from and where it is going to and how to access it when needed.

• When was the last time you reviewed your Capital Allocations?

• Can you account for all the money coming in and going out of the business?

• How often do you review your metrics, financials, and people?

If you need help learning how to allocate capital (financial, human, etc.), give our expert guides a call at 800-786-4332 or email JSabatini@AppliedVisionWorks.com.  Your success is in plain sight.  It just takes determination and action and only takes 30 minutes to get started!