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CEOs can no longer afford to wait for quarterly reviews to pivot or respond. They stop being report reviews and start becoming strategy sessions. Frontline managers often spot trends — operational inefficiencies, customer churn, supplier changes — before they ever show up in a report. Your own team.
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The only upside in my example is that I was the client, so I haven’t lost business, just a good supplier. During that 3 days I was reviewing what I had done and said that may have contributed to the situation. It continues to bother me that I may have over reacted. I won’t do the same next time. Powered by frugal
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Reviewing past financial performance and consumer behavior also helps determine where to optimize operations. Reviewing past expense reports is also crucial for creating a realistic, effective summer budget, as they provide a detailed record of where money was spent, allowing leaders to identify trends and potential cost increases.
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