This document discusses the importance of financial measures for managing a business. It recommends developing a "recipe" that blends key financial statements with operational data and industry benchmarks. Various analytical tools are described for interpreting the data, including common-sizing, ratios, graphs, break-even analysis and activity-based costing. Executive dashboards with a few key metrics are advocated to help focus management. Financial measures are positioned as essential for running and communicating about the business.

1. “ A Recipe for your Financial Measures” Make Your Books Really Cook ! Greg Pashke, CMC Pashke Consulting

15. Double-click here to end the slideshow.

23. Caveat #4: Keep Looking (Don’t Miss the Obvious)

27. Caveat #5: Ignorance is Bliss (things we don’t want to know) “ What bankers might know about you.” “ How spam or sausage is made.”

30. Executive Dashboard Examples

33. Sample Dashboard: PrintRite