Managers Must Understand Bottom Line Impact
On a daily basis, managers make decisions that can positively or negatively impact your bottom line. It is critical that they have a real feel for how those decisions can drive profitability. Most managers are not necessarily "money savvy". They must be taught to consider profitability and the long-term implications of their decisions in unison. Do you have managers that focus too little on the bottom line? If so it's time to establish clear expectations about their role in profits.