Chief Executive

OCTOBER 24, 2022

Guardian began to grow from its founding 18 years ago largely organically with national accounts, and organic growth still accounts for about 70% of the company’s expansion. That’s what has led to our success: We have, almost, 40 separate businesses with a separate P&L and balance sheet.

Balance Sheet 98

Balance Sheet Sales Sales Operations 98

UVA Darden

MARCH 20, 2023

To repay customers for the deposits, SVB used up all its cash reserves and then had to start selling some of the long-dated assets on its balance sheet to cover the withdrawals. You can’t lose any savings as long as your savings or checking account doesn’t exceed $250,000. He also tweets on his Twitter account.

Banking 52

Banking Balance Sheet Assets Insurance 52

UVA Darden

MARCH 20, 2023

To repay customers for the deposits, SVB used up all its cash reserves and then had to start selling some of the long-dated assets on its balance sheet to cover the withdrawals. You can’t lose any savings as long as your savings or checking account doesn’t exceed $250,000. He also tweets on his Twitter account.

Banking 45

Banking Balance Sheet Assets Insurance 45

Get Lighthouse

JULY 1, 2022

According to Gallup's research, managers account for 70% of the variance in employee engagement. It's hard to directly track someone being a bad manager on a balance sheet, unless they miss numbers. Start here: 5 Reasons for High Employee Turnover (+ 5 Ways to Fix It) The Top Manager Mistake that Causes Turnover on Your Team.

Performance Review 135

Performance Review Manager Performance Management Revenue 135

Chief Executive

SEPTEMBER 23, 2022

Stress test a simplified P&L and balance sheet for your company under different volume changes (include interest, taxes and capex—not just EBITDA). Watch out for “cash traps” like accounts receivable and inventories. With inflation, same volume levels consume more cash. Leading Through.

Balance Sheet 52

Balance Sheet Fixed Costs Revenue Engineering 52

Chief Executive

JANUARY 3, 2023

Resilience is key as the crypto market continues to experience a period of economic turmoil and uncertainty, and judging from FTX’s balance sheets and failed Binance bailout , that’s something Bankman-Fried did not exactly have in spades. Accountability, it turns out, is ultimately what Bankman-Fried tried and failed to elude.

Balance Sheet 52

Balance Sheet Accounts Marketing Government 52

Chief Executive

MAY 26, 2022

Manage your business “on the basis of cash, not on the basis of accounting,” Charan said, reminding his audience that Jeff Bezos built Amazon into a multi-billion-dollar company partly by putting cash on the throne of his operating philosophy. Accounts receivable and inventories are the two areas of biggest concern. Beware cash traps.

Cash Flow 52

Cash Flow Fixed Costs Digital Transformation Balance Sheet 52

LSA Global

JANUARY 20, 2023

A sales meeting with an executive can give you that inside track on the sales opportunity or at least help build an important relationship on a major sales account. Financials: income statement, balance sheet, and key ratio trends ? It is critical that you have a meaningful, client-centric , and value-added interaction.

Sales 36

Sales Sales Balance Sheet Sales Management 36

Zenefits

NOVEMBER 4, 2022

Inventory surpluses (along with shortages) are leaving businesses with too many products on their balance sheets. No account yet? Costlier fulfillment and returns for goods are expected due to rising gas and diesel prices. Consumption is down, with 51% of consumers expected to buy fewer holiday gifts this year. Remember Me.

Small Business 52

Small Business Balance Sheet Energy Marketing 52

Harvard Business Review

MAY 1, 2012

After I was quoted late last year in an article on the 10th anniversary of the Enron debacle , Fastow contacted me and offered to speak to the Financial Statement Accounting class I teach at Tufts University's Fletcher School of Law and Diplomacy. Enron's $35 billion in off-balance sheet debt looks puny compared to the $1.1

15

15

Harvard Business Review

MARCH 31, 2017

“Finance and accounting are very simple. See More Videos > See More Videos > Tackle the balance sheet. “Take an interest in the balance sheet and then do the due diligence to understand it,” he says. “It’s not that complicated.” “There’s no magic.”

15

15

Harvard Business Review

DECEMBER 14, 2011

But is there a direct correlation between employee investment and the balance sheet? Heskett wrote in his latest book The Culture Cycle , effective culture can account for 20-30 percent of the differential in corporate performance when compared with "culturally unremarkable" competitors.

21

21

Andrew Chen

MARCH 21, 2016

There wasn’t room on the balance sheet for an expensive marketing spend. But Facebook found early traction on university campuses by requiring a college email address to create an account. “The folks that pioneered growth hacking were those that kept building products after the dot com bubble crashed.

Engineering 56

Engineering Marketing Balance Sheet Advertising 56

Harvard Business Review

JULY 13, 2015

Both of these numbers come from your company’s balance sheet. So you want to strike a balance that’s appropriate for your industry. That’s partly why, says Knight, Apple started to get rid of cash and pay out dividends to shareholders and added debt to its balance sheet in the last month or so.

15

15

Peter Winick

OCTOBER 31, 2022

And we make a point of that in the book that Perry was making, by all accounts, the safe bet, and it ended up being a really dangerous way to take things. And that’s one thing that we’re hoping that this book does is puts idea flow on the balance sheet or on the measurement dashboard of every leader.

Scaling 130

Scaling Metrics Marketing Sales 130

Harvard Business Review

MARCH 12, 2012

It's great to see students get their shoes dusty with real-world forays, but I fear they are losing the ability to read a balance sheet or parse the kind of complex data they'd get in case-study coursework. And teaching methods have changed. Why shouldn't business schools and MBAs face the same discipline?

18

18

Harvard Business Review

FEBRUARY 24, 2011

Gain accounting advantage : Buffett reports on the performance of his operating businesses by grouping them according to similar balance sheet and income statement characteristics. His fluency in the language of accounting gives him clear sight to judge underlying business value.

15

15

Harvard Business Review

SEPTEMBER 30, 2011

Most were blasé as trade between European Union member states will continue to account for most of Europe's business, whether the states have national currencies or are part of the euro.

14

14

Harvard Business Review

FEBRUARY 2, 2012

Banks have developed fortress balance sheets, improving credit quality by 54 percent, increasing net income and, restoring aggregate lending to pre-crisis levels of nearly $7 trillion. A lot of investors seem to get this — which helps explain why Vanguard has grown to account for 17% of mutual fund assets in the U.S.,

15

15

Harvard Business Review

MARCH 4, 2011

Shouldn't all shoppers receive customized shopping recommendations, based on past behavior, integrated with their online accounts and delivered to their mobile devices? Doing this right will allow the CFO to keep the store as an asset on the balance sheet, not a liability — a move shareholders would surely reward.

15

15

Harvard Business Review

MARCH 25, 2013

Insolvency is usually a balance sheet concept based around the valuation of assets. With high debt-to-national output ratios, current account deficits, fiscal deficits, and, putting it mildly, shaky banking systems, the debtor countries of Europe look very much like insolvent firms to the markets.

19

19

Harvard Business Review

MARCH 14, 2017

Once a transaction is entered in the database and the accounts are updated, the records cannot be altered, because they’re linked to every transaction record that came before them (hence the term “chain”). First, blockchain could help relieve a large balance-sheet liability that many in the industry are facing.

15

15

Harvard Business Review

JANUARY 11, 2013

First, get a copy of your prospective employer's balance sheet. Once you get the balance sheet, calculate what accountants call the current ratio. Just take "current assets" (on the Assets side of the balance sheet) and divide it by "current liabilities" (on the Liabilities side).

9

9

Harvard Business Review

SEPTEMBER 14, 2015

To know whether a company is truly on the cusp of hitting a $0 balance in their accounts, you can’t simply look at the income statement. They may also include your accounts receivable, inventory, and accrual payments, depending on your business. One of the biggest fears of a small business owner is running out of cash.

15

15

Harvard Business Review

FEBRUARY 26, 2018

In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions. Recent research lets us make an even bolder claim: accounting earnings are practically irrelevant for digital companies.

8

8

Harvard Business Review

JUNE 20, 2016

My guess is that while a poor balance sheet might cause restless sleep, it’s the thought of an incorrectly reported balance sheet that brings on night terrors. What’s a typical independent director’s worst nightmare? It’s not surprising.

14

14

Harvard Business Review

JUNE 16, 2011

Investors grapple daily in an effort to figure out how to value companies whose accounting assets — things like land, capital, products, and licenses — don't adequately express their true market value. There is no line on the balance sheet for "ability to innovate" or "skill at managing brand."

16

16

Harvard Business Review

FEBRUARY 28, 2011

Just over the past year or so, we've seen formerly "best in class" companies like Goldman Sachs , Toyota , BP , and Johnson & Johnson take huge hits to their reputations (and balance sheets) in ways that no one could have predicted. This kind of thinking (and worrying) has the potential to let managers off the hook.

15

15

Harvard Business Review

JULY 11, 2013

But after hearing Fastow speak twice to my Financial Statement Accounting class and reviewing independent evidence, I think I have good idea. Enron was rated BBB+ (or the equivalent) by all three rating agencies, which typically include all off balance sheet debt when determining a rating. He didn''t say which decisions.

8

8

Harvard Business Review

JUNE 10, 2011

The reason is that AP accounts for a large chunk of the total portfolio of the major MFIs in India — the Economic Times of India estimates that AP accounts for 40% of all microfinance loans in the country. A large exposure to AP with its abysmal repayment rates is an existential crisis for MFIs in India.

14

14

Harvard Business Review

MARCH 11, 2011

To us, what's important is the beginning of a capability to measure non-financial value on a par with supposedly "hard" measures provided by our National Income and Product Accounts (NIPA), the system the US uses to classify an report on economic output. There's nowhere for executives to hide, so they are learning to embrace transparency.

16

16

Harvard Business Review

APRIL 3, 2012

Given Groupon's past history of inventive accounting , this should have been a shock to no one, but if it had been able to go public under the JOBS Act rules, Sorkin hypothesizes, it might have been able to cover that up. My initial impression is that both the pro- and anti-JOBS Act arguments might be getting some things backwards.

13

13

Harvard Business Review

APRIL 4, 2016

” Another reason you might see a very high ROA is if a company is messing with its balance sheet, explains Knight. Return on equity is a similar calculation, but it looks at equity, the net worth of the company, not by what it owns, but by the accounting rules. Take Enron. The energy-trading company had a very high ROA.

14

14

Harvard Business Review

APRIL 9, 2015

Finance & Accounting Tool. You might also find that your accounts receivable (A/R) — what customers owe you for services rendered or products delivered — rises by $1 million. You have to account for the time value of money. Excerpted from. HBR TOOLS: Return on Investment. Joe Knight. Add to Cart.

15

15

Harvard Business Review

NOVEMBER 8, 2016

But as more organizations fall prey to complex intangible risks, from unwanted disclosure due to rampant cyber threats to breaches of conduct driven by skewed incentive systems, the aperture of risk management is expanding from protecting the balance sheet to promoting ethical leadership and values-based decision making. Mark Chussil.

14

14

Harvard Business Review

AUGUST 24, 2012

While in everyday language, it is plain enough that poor-quality data are liabilities and high-quality data are assets, they don't appear on the balance sheet. Doug Laney, of Gartner, and others are building a body of practice that supplements today's accounting methods to help address this shortcoming.

15

15

Harvard Business Review

MARCH 14, 2012

But for banks, equity is a vanishingly small fraction of their balance sheet." In " Fair Value in Foul Weather ," he offers an entertaining and even-handed history and analysis of the debate over market-value accounting for banks. In " The Race to Zero " he makes the case for why high frequency trading breeds instability.

14

14