Hands down, the weekly huddle is the best way to train your managers in financial literacy.
Financial literacy is the ability to read and understand the numbers of your beer business.
When your managers understand how the numbers work, and how they make a difference, they become financial superheroes.
The weekly financial huddle has 3 core elements:
- Everyone has a number
- Everyone knows what’s expected of them before, during, and after the huddle
- Everyone follows a process
#1 Everyone has a number
Every manager and every employee in your company should have a number that they can influence.
#2 Everyone knows what’s expected of them at the huddle
We used the saying: Prepare, participate and lead.
Come prepared to the meeting with your number and ready to share news from your department.
#3 Everyone follows a process
Use the 2-minute drill agenda and financial huddle template to ensure you get the best results from your financial huddles. (see the video below for details)
Do this next:
- Watch the short video below: Weekly financial huddles
- Learn more about the Beer Wholesaler Financial Training Program – financial training for everyone in your beer business
