Notes from the President

Ken Hilton - President Red Wing Software

As I write this, we are approaching a significant date in the history of the United States. This may sound a little strange at first, but I choose not to celebrate the 4th of July. However, I will be celebrating Independence Day; it happens to be on July 4th.
I feel we tend to recognize, observe, and celebrate dates rather than the events that made the dates important to us. Remember the special events that happened on a date and recognize why that date is significant.
These thoughts can carry into your business management, as well. Every day, week, month, and year we run a variety of financial reports to track how our business is operating. We look at a Balance Sheet and get a snapshot of the financial health of our business, but do we dig into it and determine what caused the changes on this report? We run an Income Statement, P&L, Statement of Farming Activities, or Statement of Revenue and Expenditures (depending on your type of organization), but do we take the time to drill down and determine why the business is heading in the direction it is?
Every country and business have events and reports that they recognize and review at certain times of the year. Let us make it a point to remember why we are running these reports and the reason we are celebrating these dates.
Independence Day is also a great time to remember all the people that keep us free and safe, especially in challenging times.
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