Remove Cash Flow Remove Culture Remove Finance Remove Metrics
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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business

This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course. Business students are taught to value a company based on the discounted amounts of future cash flows or earnings. Both strategies, however, create cultural incompatibility within the organization.

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Subscription Business Models Are Great for Some Businesses and Terrible for Others

Harvard Business

Identify the right metrics. In the digital membership economy, the metrics best apt to indicate success are more likely to be around member churn and engagement. Invest in building a culture of membership. For finance, short-term revenue gains do not justify poor treatment of members. Subscription is a pricing structure.