Remove Consultative Remove Finance Remove Marketing Remove Present Value
article thumbnail

Which MBAs Make More: Consultants or Small-Business Owners?

Harvard Business Review

Also, as we explained in an earlier article , we believe that being an established CEO of a small firm involves much less angst than being a senior member of a consulting, investment banking, or private equity firm. million EBITDA company for 4x paying $6 million and using 50% debt financing.

article thumbnail

Why Quants Should Manage Your Supply Chain Risk

Harvard Business Review

When Thai flooding created significant shortages in the hard disc drive market, manufacturers lost millions of dollars. Because the fact that value is not guaranteed in the future lessens value in the present. This reduction in value is present and represents a cost today , not tomorrow.