Remove Balance Sheet Remove Examples Remove Finance Remove Productivity
article thumbnail

Overcoming Data Collection Challenges in Consulting

Tom Spencer

I was assigned to a typical strategy engagement – should client X selling product Y increase sales in market Z? However, we struggled to calculate profitability over time, as the client had multiple kinds of products and used various procurement methods. When we asked the client to provide the needed data, they ghosted us.

Data 78
article thumbnail

10 Flaws with Mainstream Economics

Tom Spencer

Corporate finance academics argue that firms should act to maximise shareholder value, since shareholders are the owners of the firm. For example, Amazon earned only modest profits from 2004 to 2015, choosing instead to focus on increasing market share and developing new products. Factors of production. Equilibrium.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Importance of Business Acumen for High Performance

LSA Global

It is not just the purview of finance to interpret the numbers that govern profit and loss; it behooves every employee to understand how and why the company makes money, spends money, and measures financial performance. Study the Balance Sheet. With term definitions in hand, analyze your company’s balance sheet.

article thumbnail

The Cantillon Effect

Tom Spencer

In 2020, the Fed has galloped over the precipice, increasing its balance sheet by around $2.8 Although gold coins are not currently used as money, as they were in Cantillon’s day, the analogy of Cantillon’s gold mine example to today’s situation will hopefully be clear. trillion over the last 5 months.

Banking 120
article thumbnail

Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

By 2025, smart workflows and seamless interactions among humans and machines will be as standard as the corporate balance sheet, and most employees will use data to optimize nearly every aspect of their work, predicts McKinsey & Company.

Data 29
article thumbnail

Why Apple Is Getting into the Energy Business

Harvard Business

As the electric power industry shifts from a model where individual local utilities have a monopoly on electricity provision in a region to a much more dynamic market, these prosumers will be able to make and sell a variety of obscure new products and services like frequency regulation. California, Texas, and most of the U.S.

Energy 28
article thumbnail

The Globalization Backlash Is Reverberating Through Boardrooms

Harvard Business

As a practical matter, for example, these changes in the global policy regime are forcing multinational corporations to scale back and sell parts of their international operations. Imports among the world’s 20 largest economies have fallen as a share of their gross domestic product for four consecutive years. at the forefront.