Diabetes NSW - from red to black in 18 months
CEO Sturt Eastwood, credits the entire team of Diabetes NSW with the turnaround in the organisation's fortunes over the last year and a half.
Here's what he had to say in his Linkedin article on 13 October 2015:
Great execution of basic business fundamentals has been key to a positive financial outcome for Diabetes NSW. From a forecast $1.7m loss on a revenue base of $6m to a $200k profit in just 18 months is a credit to the entire team.
This turnaround has been down to a serious focus on key business fundamentals in the last 18 months. Diabetes NSW may be a “for purpose” organisation, but as with many in our sector, to be truly effective we have to manage and run the organisation as a business.........
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