Strategies for unlocking your company's profit potential

10/1/2011 | Business Finance

Consultant Jonathan Byrnes offers three tips that can help chief financial officers find their companies' untapped profits. Start by creating a profit map to identify your most valuable customers and products. Then, make it a priority to lock in your best customers and improve relationships with marginal ones. Finally, rethink your compensation program to ensure that incentives are aligned with your growth strategy, Byrnes writes.

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