Cash remains King; particularly as many businesses transition from Survive to Thrive mindsets in this volatile and uncertain trading environment. Active management of Cash (the business' oxygen supply) creates both resilience and opportunities across organisations. That culture starts from the top, often led by CEOs and CFOs. However, the focussed combination of People, Process and Structure will determine the level of success in this critical area. This article from McKinsey explores these areas and provides useful pointers for all businesses.
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