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68 How Profit per X uniquely drives profit

68 How Profit per X uniquely drives profit

FromThe Growth Whisperers podcast


68 How Profit per X uniquely drives profit

FromThe Growth Whisperers podcast

ratings:
Length:
33 minutes
Released:
Jul 26, 2021
Format:
Podcast episode

Description

How Profit per X uniquely drives profit Profit per X is a concept from Jim Collins where companies gain a piercing insight into how to most effectively generate sustained and robust cash flow and profitability. In particular, they discover the single denominator—Profit per X—that has the greatest impact on their economics.  In this episode, we discuss why Profit per X is a strategic metric, and not an execution metric, what makes a good Profit per X, and how to align your Profit per X with your hedgehog, as well as providing Profit per X examples.  
Released:
Jul 26, 2021
Format:
Podcast episode

Titles in the series (100)

The Growth Whisperers are Brad Giles and Kevin Lawrence, two advisors to mid-market businesses, one Australian, one Canadian, who each work with CEOs and Leadership Teams across the world with a mission to build enduring, great companies. Each weekly episode covers interesting situations and questions from the world of strategic planning, leadership development, talent and hiring in high growth entrepreneurial companies where real results matter.