As we conclude our first Know Your Numbers course, our focus shifts towards the application of concepts like agency theory and some examples of where the pursuit of financial performance alone has led to the failure of an organization. By exploring such failures in some detail, we're better equipped to avoid similar occurrences in the future, as well as to find ways to manage and govern organization successfully with regard to a multitude of stakeholders. Drawing these themes together, we also develop an appreciation for the roles played by senior executives, middle management, and the board, in defining, executing, and iteratively improving on organizational strategies. While it is expected that an organization will have a common set of goals that all stakeholders are aware of and that all internal parties are striving toward, these can become confused or divergent over time, and if this is not addressed, a highly successful organization can easily become tomorrow's surprise failure. By the conclusion of this week's studies, you will have explored a wide range of topics, ranging from basic financial statement analysis through to strategic considerations at various levels of an organization's hierarchy. Closing the loop with this foray into governance and some war stories on practical application of well-accepted theories, you will gain an appreciation of a need for further knowledge and consideration. From this base, you'll be well-equipped to dig deeper into financial analysis and valuation of a business, asset, or project. As you expand on your wider strategic, interpersonal, and practical skill sets, this will serve you well in making sense of what originally seemed to be a set of nebulous and unrelated topics. I hope you enjoy exploring these issues this week and feel a sense of accomplishment of having made some great progress towards your overall studies in this program.