This episode our cohost Brett Knowles suggests that every professional within an organization should have their own “golden KR” or key result that they are held accountable for. As he explains, this would create alignment and clarity throughout the organization.
The Rule of 40 and Gross Margin: TreviPay CFO Joel Campbell discusses two intriguing metrics – the rule of 40 and gross margin. The rule of 40, a blend of top-line revenue growth and EBITDA margin, is a key indicator of a company’s balance between growth and profitability. Gross margin, on the other hand, measures the efficiency and productivity of a business. Joel’s insights into these metrics and their importance in tracking business performance alone make the episode worthy listening for FP&A pros.
In addition the episode features planning insights and commentary from Matt Gustke, CFO of WooCommerce and Rob Goldenberg, CFO of 6sense (see below).
Featured Planning Aces This Episode
OUR COHOST BRETT KNOWLES | Brett Knowles is a long-time thought leader in the performance measurement space. His clients have been profiled in Harvard Business Review, Fortune, and Forbes. There are over 20 business school cases covering the success of his clients. Share a comment or two with our resident thought leader. Brett@pm2consulting.com
MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately. https://planful.com/?utm_source=cfothoughtleader&utm_medium=display&utm_campaign=2021-01-04_OA_CFOThoughtLeader_PlanfulLogo