Financial managers, directors and CFOs are primarily concerned with company financial performance. Really good ones are far more than controllers and accountants, they take a forward view of the business and contribute to its growth and health in ways that go beyond accounting and merely complying with rules about reporting.
CFOs can be very helpful allies as maintainers and physical asset managers embark on making improvements. Before they can help us however, we need to help them see just how we contribute to corporate performance and results. Once they know what to watch for they’ll be able to keep an eye on the bigger financial picture while we go about taking care of our day-to-day work of keeping it all humming along smoothly.
The key behind maintenance contribution to financial results lies in two basic facts:
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