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What is Great Leadership?

Great Leadership By Dan

Guest post from Ted Bagley: All organizations worry about leadership, from the mom and pop community businesses to the giant global entities both domestic and international. Good leadership is defined as proper training, rewarding, assisting, coaching and respecting those who “carry the load”.

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10 Reasons Why Every Manager Should take a Finance Course

Great Leadership By Dan

The audience was mostly engineers – program and project managers, the ones in charge of designing and making complex stuff. Caution: when employees feel like owners, no more wasting money on expensive furniture, management boondoggles, or projects with a poor net present value. You can help them feel like owners too.

Finance 246
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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business Review

When multiple players compete for the same space, revenues indicate the progress towards achieving market leadership that creates the dominant protocol for industry partners, suppliers, and customers. (In In a market like social media, a firm’s success can depend on the winner-take-all profits that come from market leadership.).

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Beware of Short-term Management, Not the Short-term Investor

Harvard Business Review

A firm's long-term value should correspond to the present value of future expected cash flows. These short-term decisions have the potential to destroy long-term value. Compounded over many firms, such under-investment in otherwise worthwhile projects compromises society's long-term progress.

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Is Your Business Biased Against Innovation?

Strategy Driven

Many conventional metrics we use to estimate value are based on faulty assumptions. Net present value [NPV] is a case in point. The logic of NPV is to project cash flows into the future and then discount those flows back into today’s dollars at a given cost of capital.