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How To Help Your Team Think Like an Entrepreneur

Let's Grow Leaders

Tell me about a time that you strongly disagreed with your manager. Be sure your town hall meetings talk more than EBITDA, with a clear message of “What I need from ya.” If you want a manager to think like an entrepreneur, find ways to give them both influence and authority. (In Tell me about the idea.

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Leadership Communication: How Do I Get Everyone On the Same Page?

Let's Grow Leaders

What advice do you have?” So if employees hear “EBITDA” from you or another leader, they understand “what I need from ya.” Those managers then return to their teams with newfound insights and a deeper sense of belonging. They understand what we’re doing and why we’re doing it.

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Salary Negotiation Tips for Executives

N2Growth Blog

What if there’s a change of manager? For candidates, executive outplacement consultants offer dispassionate and helpful advice. Managing for profitability? Look for linkages between EBITDA and your take-home pay. Look for linkages between EBITDA and your take-home pay. What if there’s a market downturn?

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

Harvard Business Review

But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. And who’s in the best position to offer advice? The most important concepts to grasp are “how to measure profitability, EBITDA, operating income, revenue, and operating expenses,” he says.

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Don't Anesthetize Your Colleagues with Bad Writing

Harvard Business Review

But if you also throw in acronyms such as ABC ("activity-based costing"), EBITDA ("earnings before interest, tax, depreciation, and amortization"), and VBM ("value-based management"), only the accountants in your audience will follow you — you'll lose everyone else. Small wonder, too. Your shortcut is the reader's hindrance.

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Divest With Care

Harvard Business Review

Acquisitions always get a lot of senior management attention and, for those who want it, there is no shortage of outside advice, including a lot in the management literature. Pfizer divested its consumer health care business in 2006, selling it to J&J for more than 20x EBITDA. And it's a shame. GE-NBC/Universal.

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The INs and OUTs of Business Literacy

HR Digest

Without an understanding of basic financial concepts, executives are not well-equipped to make decisions related to financial management. managers are uninformed about the basics of financial literacy to face the challenges of the future. Why is financial literacy at all levels of management a basic need?

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