article thumbnail

How Mature is Your Risk Management?

Harvard Business Review

For years, companies have been pouring money into people, processes, and technology that can help them manage risk. They clearly generate higher growth in revenue, EBITDA, and EBITDA/EV. Companies in the top 20% of risk maturity generated three times the level of EBITDA as those in the bottom 20%.

article thumbnail

How to Anticipate a Burning Platform

Harvard Business Review

It's been nearly a year since Nokia CEO Stephen Elop shot off his burning platform memo as a way of shaking up the phone company's leadership. It's only this year, for the first time, that services revenue surpassed technology revenue. The man stumbled to the platform's edge, where he confronted a 30-meter drop to freezing waters.

EBITDA 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

Large downturns (such as this recession), technology disruptions, or regulatory shifts create discontinuities that simply accelerate the industry’s evolution toward this equilibrium state. times EBITDA (compared to average multiples of 15 at the time). The leading companies are getting out in front of this trend. billion, or 20.6

article thumbnail

The INs and OUTs of Business Literacy

HR Digest

Joe works with managers and leaders at Fortune 500 companies such as NBCUniversal, General Electric, Berkshire Hathaway, Southwest Airlines, Boeing, United Technologies, and Electronic Arts. Joe has also written toolkits for Harvard Business Press including the ROI Toolkit, Understanding EBITDA, and the Business Valuation Toolkit.

Finance 63