Tom Spencer

FEBRUARY 28, 2021

discounted cash flow (DCF)) and to check if the M&A between two companies would result in an accretive or dilutive situation. The technical interviews were just like any investment banking interviews which involved a lot of finance, accounting, valuation, DCF, and M&A model questions. Conclusion.

Interviews 68

Interviews Case Interview Strategy Strategy 68

Martinka Consulting

APRIL 26, 2019

We have a few articles in our “writing folder” (articles I’ve saved to write about) on bad management, how technology is replacing people, and employee unhappiness. Gallup recently released a five-year-long study showing the variance between high and low productivity is 70% attributable to the manager. Corporate baloney.

Marketing 40

Marketing PricewaterhouseCoopers Cash Flow Banking 40

Progressus

NOVEMBER 10, 2023

Technology combined with data is a matter of life and death for professional services firms where the “product” is a combination of insights and expertise. It prevents you from generating reliable cash-flow forecasts and makes it incredibly difficult to manage resources. How often do you release new products/services?

Agile 52

Agile Tools Data Talent 52

Harvard Business

JULY 17, 2018

Since Immelt’s departure, GE’s stock is down another 30%, as its new CEO, John Flannery, has struggled to cope with the cash flow drain from years of problematic acquisitions, divestitures, and buybacks. The Board Had No Finance Committee. in 2013 to 3.7 in early 2018, according to Moody’s.

Cash Flow 28

Cash Flow Finance Financial Company 28

Harvard Business

JUNE 8, 2018

In our recent HBR article , we argued that financial statements fail to capture the value created by modern digital companies. Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource.

Financial 29

Financial Report Cash Flow Metrics 29

Harvard Business

JULY 19, 2016

They mean that I can have the rights to the cash flows from a company’s shares without owning the share itself. True enough, but trivial relative to the other costs of the finance industry, and certainly not relative to benefit to be gained. So who owns the voting rights to that share? Often we don’t know.

Company 28

Company Cash Flow Finance Government 28

Harvard Business

NOVEMBER 23, 2016

First, small businesses tend to be more productive than larger ones and may be especially unlikely to invest in risk management that diverts resources from production. Firms applied for credit to finance recovery. Challenge risk financing conventions. Businesses likely need new forms of risk financing.

Insurance 28

Insurance Insurance Small Business Finance 28

Harvard Business

MARCH 29, 2018

While this might seem like a radical step for hospitals, it is exactly the transition that occurred 100 years ago in the business world in general when companies shifted from a departmental or functional structure to a decentralized, business-unit structure that that was more aligned with and accountable for its products, services, and customers.

System 28

System Cash Flow Software Operations 28

Harvard Business

FEBRUARY 1, 2017

Here are three things that Western investors should want from African entrepreneurs: a focus on the top of the pyramid, control over factors of production, and innovation in distribution rather than in products. Factors of Production. Today his Nice Rice Mill processes 70% of the region’s rice production.

Cash Flow 28

Cash Flow Hotels Case Interview Productivity 28

Harvard Business

SEPTEMBER 15, 2017

” The UK Government is launching an inquiry into buybacks , due to concerns that they “may be crowding out the allocation of surplus capital to productive investment.” A comprehensive survey of financial executives concluded that “repurchases are made out of the residual cash flow after investment spending.”

Cash Flow 28

Cash Flow Finance Government Study 28

Harvard Business

AUGUST 3, 2018

In a recent HBR article , we claimed that modern digital companies such as Uber, Facebook, and Alphabet play an increasingly important role in the economy, but their financial statements fail to capture company’s main value drivers. The company’s first revenues indicate the acceptance of its product or services by customers.

Financial 28

Financial Report Company Metrics 28

Harvard Business

APRIL 26, 2017

Recent analysis by Bain and SAP found that only 7% of bank credit products could be handled digitally from end to end. Moreover, in instances where borrowers want to shop and compare myriad options in one place, they turn to online credit brokers like Fundera or Intuit’s QuickBooks Financing for a one-stop shopping experience.

Banking 34

Banking Small Business Oliver Wyman Retail 34

MishTalk

JULY 11, 2014

Earlier today, reader Charles asked me what I thought about an article on ZeroHedge entitled " Is The Fed Going To Attempt A Controlled Collapse? " They encapsulate the self-reinforcing interactions between perceptions of value and risk, risk-taking and financing constraints which translate into financial booms and busts.

Balance Sheet 74

Balance Sheet Financial Banking Policies 74

MishTalk

AUGUST 7, 2013

Get Involved The State of the Unions Finances: A Citizens Guide. John Hussman had a thought-provoking article this week on the The Minsky Bubble. Dollar Collapse News on the Dollar's Death Spiral. Minyanville Business and Market News. Patrick Housing Crash News Top Housing and Commercial Real Estate News. US in a Minsky Bubble?

Balance Sheet 75

Balance Sheet Marketing Real Estate Financial 75

Harvard Business

MAY 1, 2017

So, in real terms, debt financing is essentially free. See More Videos > See More Videos > To elaborate, a company’s intrinsic equity value reflects the long-term cash flows that shareholders expect to receive over time, discounted at the appropriate risk-adjusted cost of equity capital.

Cash Flow 42

Cash Flow Financial Balance Sheet Bain 42

Harvard Business

DECEMBER 19, 2017

Previously dominated by the likes of newspapers, magazines, gyms, utilities, and telecommunications firms, more products and services are being offered to more people through subscriptions than ever before. Philippe Marion/Getty Images. The subscription business model is booming. Case Study: Blue Apron.

Methodologies 28

Methodologies How To Metrics Sales 28

Harvard Business

JULY 13, 2016

For finance, short-term revenue gains do not justify poor treatment of members. For product development, the offering needs to evolve constantly to meet members’ needs – changes only every year or two won’t cut it. Love their members more than their products.

Cash Flow 28

Cash Flow Survey Metrics Accenture 28

Harvard Business

FEBRUARY 7, 2017

To help provide a better factual base for this debate, MGI, working with McKinsey colleagues from our Strategy & Corporate Finance practice as well as the team at FCLT Global, began last fall to devise a way to systemically measure short-termism and long-termism at the company level. Earnings quality: Accruals as a share of revenue.

Management 28

Management Metrics Financial Company 28