Insight
Revenue is opinion; cash is reality. CEOs must lead with financial discipline, ensuring liquidity, cost control, and investment balance from the start of the year.
Key Strategies:
1. Prioritize Cash Flow Visibility – Track inflows and outflows weekly.
2. Control Discretionary Spending – Align costs with priorities.
3. Protect Strategic Investments – Avoid short-term cuts that hurt long-term value.
4. Strengthen Forecasting – Improve accuracy and scenario planning.
5. Embed Financial Ownership – Make leaders accountable for financial outcomes.
CEO Leadership Actions.
Review cash flow dashboards monthly.
Challenge budget assumptions.
Reinforce cost responsibility across leadership.
Actionable Tip
- Identify one cost center to review for efficiency this month.
Why This Matters?
Financial discipline ensures resilience, flexibility, and strategic freedom.
About the Author
Ernest De-Graft Egyir, CEO advisor and Founding CEO of Chief Executives Network Ghana, convenes the Ghana CEO Summit and served on Ghana’s Economic Dialogue Planning Committee.
