@noctarius2k@gunnarmorling@be_haki +1 to this - the lack of 'dynamic' pivoting from SQL has always been a source of great frustration for me - using psql or other hacks like this https://t.co/HLxKKBypyl is not always possible
Next series of CFO Secrets will be on cashflow.
Draft running order:
1. Intro
2. Measuring cash flow
3. Forecasting cash flow Part 1
4. Forecasting cash flow Part 2
5. Working Capital - why it matters
6. Working capital - making it better
7. Maintainable Free Cash Flow 😍🥰
8. Creating a Cash Culture
What am I missing?
Next series of CFO Secrets will be on cashflow.
Draft running order:
1. Intro
2. Measuring cash flow
3. Forecasting cash flow Part 1
4. Forecasting cash flow Part 2
5. Working Capital - why it matters
6. Working capital - making it better
7. Maintainable Free Cash Flow 😍🥰
8. Creating a Cash Culture
What am I missing?
Data modeling is deciding what fields are going to be in your pivot table.
Data engineering is moving the data you need for your pivot table.
Analytics engineering is shaping your data so it can be used by your pivot table.
Metrics layer definition is deciding what the calculated fields will be in your pivot tables.
Data strategy is defining what pivot tables you need and why.
A hill I'll die on.
Finance, ops, accounting folks... pls learn SQL. Get comfortable navigating a database!
How your business works is encoded in your database. As you wrap your head around that structure, you so wrap your head around the business.
👇
Any French speakers out there? Just read this - 'The French pronunciation of ChatGPT sounds identical to “Chat j’ai pété” meaning “Cat, I’ve farted"' - is this true? I'd love it to be so for some strange reason.
And this is my absolute favourite from the list - been there.... done that. And believe me, it is REALLY difficult to to get Bobby (or was it Dave?) to even listen, let alone change.
3. Culture and Process Change.
This is the hardest bit.
@elonmusk landed two rockets at the same time.
But has he ever tried to get Asscrack Bobby to book inventory in using a handheld scanner, when he’s used the same paper form for the last 35 years?
"The management accounts are your feedback loop on performance for the business. Tighter feedback loop = A better controlled / more consistent business performance." https://t.co/lEf6W8dLft
95% of people are reading balance sheets WRONG.
Stop wasting time with the ratios they taught you in business school.
Here’s how you read a balance sheet like a CFO.
Let's go! 👇
We spend a lot of time on making Equals fast.
@thatmikefellow wrote about our latest work rebuilding our formats system. Formats aren't just a presentation concern, they are also the spreadsheet's type system.
Blog post linked below 👇
@htmx_org Clipper - there used to be a 'Clipper Day' at the uni in Bristol (UK) in the early 90s. I also remember going to an event and a speaker was a guy called Rick Spence one of the original developers. Fun times