Carla Vernón’s Post

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CEO and Board Director at The Honest Company

When every single employee is an owner, then every single employee needs to know how the money works. That is why at The Honest Company we gather as a full team the day after we report earnings. We want every member of our team to know how we did, where we go from here and how the money works. This week our incredible finance team gave a great lesson on our key financial measures and how they fit into our broader corporate goals. We don’t want any employees to be confused or unclear on how their efforts drive our culture and results. At Honest every employee is a builder and an owner. That is Inclusion delivered through Diversity, to drive Equity. At Honest when we win, we all win! Thanks to our incredible team. Congratulations on the incredible results. Every detail and every person matters. 🦋🤎🖤 #employeeowners #dei #representationmatters

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Denise Woodard

Founder & CEO at Partake Foods

3w

Love this! We've been incorporating increasing financial statement literacy with our team and have lovingly adopted EveryBody In The Dance Area as the alternate name for EBITDA 🕺🏽

Jamil Miles-Connell

Vice President | Marketing | Product | Sales | Strategy // GTM | P&L l Team Leader // Alum P&G • Unilever • Sony // Alum WashU MBA

3w

Yes! Seeding the whole organization with financial literacy of the business is the way you empower the team to win.

Mariam B. Nantambi

Co-founder & CEO at Mukasa Freight | SME & Startup Interim CFO | Financial Strategy Executive | Financial Services

3w

Yes, everyone in the company needs to understand how the money works. For us in finance, this is music to our ears...... #ebitda #finance

Laurent Burman

Transformational Strategy, Business Development/Sales, & Marketing Leader/GM | Strategy & Partnerships @Amazon | Life-long learner

2w

Love this. I’m always astounded when leaders don’t share this level of insight with their teams. The result is often that employees don’t (truly) understand how the company makes money and what matters to their “owners” (saw this in spades in marketing services for example, but in many tech startups also)

Marques Young, CFP®, CEPA®, AAMS™

Financial Advisor Helping Middle Managers In Manufacturing, Tech & Healthcare And Family-Owned Businesses With Exit Strategies.

3w

Love this practice because awareness and education with this type of repetition creates a culture of purpose supported by the financials.

Michael Hsu, CISSP

CIO | ERP, Engineering, ECommerce, Security, Data, and IT

3w

Take it to the next level and get everyone to understand how Honest goes from contract mfg to sale. The important KPIs like COGs, CAC, LTV really frames just how much you need to sell to gain profit.

Sheena Costa Flowers, PHR

Pivoting to VC and Corporate Strategy | Ideator | Strategist | Leader | Connector | Negotiator | Outside the Box Actionist | Your Right Hand & Biggest Fan

3w

I absolutely LOVE this! During my time at a previous organization the leadership would regularly speak about EBITDA and other financial metrics that left many of our associates cross-eyed and confused. This created gaps in how our teams interpreted and worked towards the company’s objectives, as well as made them unclear about the impact of their efforts overall. Thank you for sharing, Carla!

Chad Kaleky

Turning Business Leaders into Influencers - Founder of "Failing to Success" Top 10% Podcast ~ Viral Video Creation ~ B2B Business Podcasting ~ Sales & Revenue Growth ~ Lead Generation ~ Book a Strategic Growth Call!

1w

Carla, you're the perfect person to be featured on my podcast, the Top 10% ranked show "Failing to Success!" Interested in coming on to share your story with our listeners?

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Julie Kelley

🧠 PR STRATEGY🎙️MEDIA RELATIONS|Chief Communications Strategist| #CommMom I help maximize media coverage + drive awareness for family-friendly brands. PFI (Public Facing Impact) Rule #1 - STOP SENDING PRESS RELEASES

3w

Transparency builds trust! I watched this in action in my first comms consulting gig during a merger and it was thoughtful and so eye opening for someone coming from TV News.

Kedar Karkare, PhD

Inc. Best in Business Founder

3w

Carla Vernón this is amazing. Transparency from leadership is so critical to buy-in and understanding from everyone on the team 👏

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