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A Cash Management Survival Guide
Article

A Cash Management Survival Guide



Editorial Rating

9

Qualities

  • Applicable
  • Hot Topic

Recommendation

Enduring a crisis often means focusing on fundamentals: what it takes to survive. Cash flow is as essential as breathing for a business – and during the pandemic crisis, cash management has become the overriding priority. Jochen Schönfelder, Tobias Wens and Jeff Gordon – all managing directors and partners at Boston Consulting Group – have written a brief but valuable guide to cash management when survival is the line. Leaders will appreciate their timely, concise advice.

Take-Aways

  • During the COVID-19 crisis, companies need to prioritize cash management.
  • Create a dedicated cash management office.
  • Establish rolling liquidity planning.

About the Authors

Jochen Schönfelder, Tobias Wens and Jeff Gordon are managing directors and partners at Boston Consulting Group.