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Discussing financial matters last in a mid-year business review is important because it allows the team to first focus on the qualitative aspects of the business such as successes, accomplishments, and areas of improvement. This sets a positive tone and encourages constructive discussion. When financial matters are discussed last, the team can better understand the financial results in the context of the business activities and decisions made throughout the period. It also ensures that the financial discussion is grounded in the reality of the business operations, rather than being seen in isolation.
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Plan and prepare your report ahead of the mid-year business review meeting. Create and show your written agenda to your team. Allow sufficient time to complete the review. State the type of meeting, protocol and expectations of the review. Discuss financial matters last. Meet your team where they are, as opposed to where you want them to be. Discuss first the successes and accomplishments to fertilize minds on necessary areas of improvement. Complete quality control checks for communications with key players and organizations.
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As the end of Quarter Two approaches, make your achievements known and reflect upon areas to be improved. Our 2019 Mid-Year Report presentation covers...
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