By Dave Hickey What’s my break-even point? Can I afford to pay salaries this month? What margin should I be aiming for on this new product/service? Many entrepreneurs and managers can’t answer questions like these because they haven’t yet acquired the necessary financial intelligence. Nobody gave them a test in finance skills when they decided …
By Dave Hickey What is the Gender Pay Gap? The Gender Pay Gap is the difference between what is earned on average by women and men based on average gross hourly earnings of all paid employees. It doesn’t distinguish between job types, experience, qualifications or working patterns. A Gender Pay Gap in an organisation does not, …
By Dave Hickey This is part of a piece I wrote almost two years ago about ‘staying on top of the numbers’. Too much of it is still relevant. In Ireland we’re great at keeping score. Whether it’s in sport, socially (whose round is it?) or in family life (whose turn to do the dishes?). …
KEEPING SCORE IS JUST AS IMPORTANT IN BUSINESS AS IN SPORT Read More »
Some tips on how to manage the stress By Dave Hickey A few years ago, I interviewed business leaders from a wide range of businesses and backgrounds for the local newspaper. One CEO of a fairly recent start-up was talking about managing cash and struggling to meet payroll every month. He told of some months …
