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“Research shows the median bottom line in companies in 212 industries across the U.S. is 6.5 cents on every dollar of sales. But the average employee thinks their company makes six times that.” This article from Venice Florida Weekly breaks down the importance of bridging the gap in employees' perception v. the realities of the business, how transparency makes employees feel valued, and how to make teaching the financials interesting.
Teaching the business helps everyone in the company begin to understand what they can do, both individually and as a team, to influence bottom line financial results. Learn more in this interview with Rich Armstrong and Steve Baker:
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