Financial Management objectives are achieved when a businessman applies the relevant facts to his situations. Very often when we credit a businessman of his acumen, we are actually praising him for his right extraction of the facts into somethings he can exploit to achieve his financial management objectives.
Facts, however, may not be the truth. We may have the same numbers; we ask different financial management questions and hence propose different solutions to the problems.
Probably partly a reaction to the dominance of Western liberal media, there have grown recently a number of conservative web channels which provide alternative views of the same events, for instance on handling of the budget, inflation, recession, pandemic, the vaccines and other hot social issues.
Whatever sides we stand on, it is good to hear alternative views, in case we are wrong.
First of all, facts may not be presented neutrally, but intentionally documented to fit the standpoint of the authors.
Second, there are different perspectives to the same facts. Digitalization and automation of work processes may be good to majority of the industries but may impact inversely for others.
Third, people correlate and associate the facts differently. Buyers may value a target company higher than the sellers due to the synergies they have expected from the merger or acquisition.
However wise a business owner may be, he/she needs to have a team of different expertise, perspectives and experiences to help him/her arriving at the right decisions. For an SME, it may consult a third party who has the right skills and experiences to help broadening its horizon so that it may fill in the gaps it may desperately require.
Kairos Global has more than 10 years of management consultancy experiences and many years of business practices. We may be of help to you!
Call us at 8399 8322 for a chat!
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