Improving Cash Flow - Tip #18 of 18: Making Cash Flow a Fun Game With a Clear Scoreboard. Imagine creating a culture where everyone ran into work with the same energy fans and players run into a sporting event. > Start by defining what “Winning” (https://dbmgt.co/2kQklIZ) looks like for your business when it comes to cash flow. > A standard metric such as the ratio of Net Project Cash vs. Earned Margin for your open WIP is a good measure of your biggest controllable variables. It is within direct control of the project team. > Show the team how this is trending over time. > Identify specific projects that are impacting the score the most both good and bad. https://dbmgt.co/2RsPjoG > Like all great coaches continually provide your team feedback and management on every detail (Cash Flow Tips 1-17) that leads to great cash flow. https://dbmgt.co/2FBRZip > Remember that success in cash flow is about the preparation. https://dbmgt.co/2JYPX9z > Celebrate wins and progress often with the team singling out individuals who truly solve problems. https://dbmgt.co/2JKlADu > Remember that the "Construction Game" is fun. https://dbmgt.co/2HLKBOn > Never relax when it comes to cash. https://dbmgt.co/2IU0Vht
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