Achieving Working Capital Maturity: The Secrets of Champions
Great people, great ideas, great customers – most major companies have some combination of formidable advantages going for them. Like world-class athletes, where the difference between the best and the rest is measured in hundredths of a second, the companies that carry away the gold often do so not because of a single major advantage but through the cumulative power of doing many small things exceptionally well.
For athletes, the willingness to make tiny adjustments in their stance or their training regime gives them what it takes to be a champion. A similar factor for companies is taking pains with their working capital management.
Download our thought leadership paper for the following actionable insights:
- The four stages of working capital maturity – lagging, achieving, exceeding and leading — and the characteristics associated with each.
- The five steps organizations can take to raise the bar on working capital performance
- Factors that often prevent companies from achieving a higher level of working capital maturity