Editorial featured on the Emerging Manager Monthly web site, March 1, 2023.
About the Author: Melissa Clucas is the chief financial officer for Dynamo Software, where she oversees global finance, accounting, and HR operations.
For ambitious emerging managers, an intense focus on growth is a double-sided coin.
As it propels action and energizes fundraising efforts, scaling and expanding a company can give way to a less-healthy “growth-at-all-costs” mindset. A narrow focus on topline revenue eventually comes at the cost of the other key areas of the business. The challenge is, many emerging managers don’t realize it until they’ve gone too far down the line.
So, what lays the foundation for sustainable growth? When the temptation is to charge ahead, sometimes, the best move is to take a step back. From my vantage point as a cfo in the alternative investment space, I’ve been immersed in understanding the holistic KPIs that underpin a firm’s financial health. Here’s what I’ve learned.
Read the rest of the article at Emerging Manager Monthly here.