Financial literacy is a woefully underdeveloped skill in both our homes and businesses. I frequently hear business leaders lament about the lack of financial literacy within their teams. In my first book, Balancing Act, I outline the four most important future-facing skills and financial literacy (and it’s more sophisticated cousin, financial acumen) is one of these four critical skills. So what is to be done to close the financial literacy skills gap? Use your annual budget process as an experiential learning opportunity for managers and key individual contributors in your organization.

Trust builds when actions are aligned with words. Flow is maximized when work is aligned up, down, and across the organization. Accountability flourishes in an environment of strong communication and multidirectional transparency. The three are inextricably linked, and strong goal-setting practices serve as the foundation for establishing trust, accountability, and flow.