Remove Development Remove EBITDA Remove Finance Remove Operations
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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

If you’re not a numbers person, finance is daunting. But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score.

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The INs and OUTs of Business Literacy

HR Digest

An all-comprehensive financial literacy program requires an understanding of the financial skills required to perform the job responsibilities, identifying the skills gap, developing content to fill these gaps, and an outcome assessment to ensure that each participant has learned and can apply the knowledge obtained. First, share the numbers.

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Shape Strategy With Simple Rules, Not Complex Frameworks

Harvard Business Review

Next, ALL's CEO assembled a cross-functional team to develop simple rules for prioritizing capital spending. Employees frequently attribute breakdowns to incompetence or bad faith on the part of colleagues in other departments: "Those bozos in headquarters [or finance or marketing] screw everything up." reuse existing resources.

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The Secrets to TripAdvisor's Impressive Scale

Harvard Business Review

and EBITDA margins are 47%. The chart below shows their financial performance over the last few years, with forecasted 2012 revenue of $767M and EBITDA of $339M. market cap is 6x revenue and 13x EBITDA, so not insane multiples on a comparable basis. As a result, gross margins are very high at 98% (not a typo!) Think about that.

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