Remove Cash Flow Remove Course Remove Metrics Remove Productivity
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Financial Shenanigans Versus Incompetence

Martinka Consulting

The Wall Street Journal and others recently reported about an accounting expert who had predicted the Madoff Ponzi scheme and recently went after GE for what he said are their deceptive accounting practices (of course, GE responded this person didn’t know what he was talking about).

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The Importance of Business Acumen for High Performance

LSA Global

How can you expect to pitch a new strategy or product if you are unable to articulate its potential revenue, costs, and return on investment? Take a financial acumen course , do online research, or invest in a textbook on the subject. Cash flow. Where to Start. Learn the Fundamentals of Business. Operating income.

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Growth by Acquisition Isn’t for Everybody

Martinka Consulting

By being larger you can reduce most or all of the following: Customers Employees Management abilities Product Owner. More customers over your expanded revenue base, more employees, deeper management, less product concentration, and most importantly, there’s more talent to take a load off the owner. Of course, most of this is just talk.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business

Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource. This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course.

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. “The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says. ” Focus on key metrics. Play with numbers.

Finance 28
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Don’t Let the Numbers Get in the Way of a Good Story

Tom Spencer

Data analysis is, of course, a crucial part of consulting. There are, of course, heavily analytical cases which use advanced statistics, or proprietary out-of-the-box methodologies which use statistical analysis in the background, such as A/B testing or optimisation problems. Statistics aren’t always useful to the core product.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

After all, “short-termism” does not correspond to any single quantifiable metric. Our belief is that the earnings of long-term companies will rely less on accounting decisions and more on underlying cash flow than other companies. With this metric, the gap between long-term companies and the rest is even bigger.