In the first instance write-offs are an indication of operational waste whatever the underlying cause. For most firms they are a normal part of business and familiarity often leads to complacency. Regular review built around a framework of what is, and is not acceptable, will pay dividends. Lock-up is a financial management ratio that predominately reflects the quality of a firm’s client engagement practices. If your lock-up regularly averages more than 50 days you have work to do!
People Matters: 2022 Snapshot
The primary purpose of this People Matters: Status Snapshot is to help support you by monitoring and distilling material from a variety of sources ranging from the global to local levels.