Business and crises

Recurring crises: separate facts from explanations

Record events, decisions and figures separately from your interpretation.

Build a short timeline

Choose one recurring business situation. Record the date, event, decision and figures you can verify. Write your interpretation separately.

Teaching timeline template: fill in your own information
DateEventYour decisionVerifiable indicator
Enter a dateWhat happened?What did you decide or postpone?Which fact or figure can you check?

Separate the tasks

  • Accounts and cash flow call for financial analysis.
  • Processes and team authority are management questions.
  • Habitual responses and the owner’s personal role are a separate topic.

The institute’s practices do not replace financial, legal or management analysis and do not guarantee increased income.

Personal experience: The company’s mission, a Bukvitsa team game and the leader’s observations. Watch PIM GROUP’s review ↗

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