Remove EBITDA Remove Finance Remove Management Remove Marketing
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Entrepreneurs Need a Better Way to Cash Out

Harvard Business Review

But analysts are judging EBITDA, P/E ratios, quarterly growth, and cashflows – which don’t always correlate with long-term value creation. Big acquirers cash out founders, management teams get folded into big organizations, cashflows disappoint, and visions flounder. Entrepreneurship Finance'

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Don’t Turn Your Sales Team Loose Without a Strategy

Harvard Business Review

When formulating a strategy, markets and segments are important categories to consider. But a market never buys anything. This is ineffective deal management, and it eventually leads to loss of positioning with customers, and, over time, the nurturing of “commodity competencies.” Only customers buy.

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

Harvard Business Review

Owners of small businesses can set their own hours, make their own management decisions, and take pride in the ownership of their work. It might be tempting to turn to the highest starting salary paid, which typically goes to the graduate with the most experience in the most competitive market, who often earns crazy money their first year.

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Shape Strategy With Simple Rules, Not Complex Frameworks

Harvard Business Review

Managers in these organizations translate corporate objectives into a few straightforward guidelines that help employees make on-the-spot decisions and adapt to constantly shifting environments, while keeping the big picture in mind. Its new management team took over an organization that was bureaucratic, overstaffed, and bleeding cash.

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How Do You Rank the World’s Best CEOs?

Harvard Business Review

An HBR team recently addressed that question by ranking CEOs according to the increases their companies have seen in total shareholder return and market capitalization across their whole tenures. How do you measure a CEO’s impact? We call it the RepTrak scorecard.

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Women, Finance the World You Want

Harvard Business Review

Yet most remain uneasy or uninvolved when it comes to talking about and managing money. When she's not at work managing a portfolio that consistently outperforms relevant benchmarks, you can find her at home buying and bearing bonds. Some of the dreams I finance are close to home. — USA Today.

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The Secrets to TripAdvisor's Impressive Scale

Harvard Business Review

billion market capitalization as of this writing. Advertisers are brought to the site and driven mainly through self-service channels, so there is no need for a large sales force or account management team. and EBITDA margins are 47%. market cap is 6x revenue and 13x EBITDA, so not insane multiples on a comparable basis.

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