Empowering Healthy Business Podcast Episode 12: Steps 5 & 6 of The Financial Operating System: Managing the Business
To manage the business and improve results, you need more than just solid financial goals and operating metrics. The real challenge lies in execution, turning plans into action. In this episode of the Empowering Healthy Business Podcast, host Cal Wilder walks through Steps 5 and 6 of The Financial Operating System, managing the Business and Learn, Iterate & Improve. These steps are the foundation for transforming financial insights into consistent performance gains.
Turn Metrics Into Action and Manage the Business
Once your metrics are defined, it’s time to use them to manage the business. Cal recommends reviewing dashboards weekly, hosting accountability meetings, and ensuring your team knows how their actions impact your company’s success. The more visibility you provide, the more aligned and productive your team will be. This isn’t about overwhelming staff, it’s about building rhythm and responsibility. With this rhythm, your goals evolve from static numbers into powerful tools for guiding daily decisions and long-term growth.
Learn, Iterate & Improve for Better Results
Step 6 of the system, Learn, Iterate & Improve, is what keeps your business agile. Even well-designed plans require adjustments. That’s why ongoing reviews of your financial performance are essential. Cal explains how to spot gaps, diagnose issues, and test solutions that bring measurable improvements. Over time, these small cycles of learning and refining help manage the business and improve results more effectively.
Why This Process Matters for Business Owners
Learning how to manage the business and improve results gives business owners control, clarity, and confidence. Instead of reacting to problems, you’re anticipating them. You’re scaling with purpose, not stress. This system helps build a business that’s not just profitable, but sustainable.
About the Empowering Healthy Business Podcast
The Empowering Healthy Business Podcast is for small business owners seeking to balance profitability with well-being. Learn how to manage the business and improve results while creating a scalable, lower-stress company.
Check us out at www.empoweringhealthybusiness.com.