Harvard Business Review

OCTOBER 3, 2011

Companies that manage for shareholder value, the thinking goes, do whatever it takes to engineer an ever-higher market price. Value creation, by means of maximizing long-term free cash flow, provides the appropriate approach to judge alternative strategies and subsequent performance. That is a profound misunderstanding.

Cash Flow 14

Cash Flow Marketing Engineering Government 14

Harvard Business Review

JUNE 18, 2015

” PE firms typically take three types of value increasing actions — financial engineering, governance engineering, and operational engineering. In financial engineering, PE investors provide strong equity incentives to the management teams of their portfolio companies.

Cash Flow 14

Cash Flow Engineering Government Operations 14

Harvard Business Review

MARCH 21, 2013

Or perhaps it is difficult to really tell how well a company's innovation engine is functioning — so magazine editors are susceptible to the latest hot product or service. Return on equity (net income divided by equity) results from multiplying three key operating ratios: Profitability (net income over sales).

Cash Flow 17

Cash Flow Assets Benchmarking Sales 17

Harvard Business Review

NOVEMBER 9, 2011

Part of the problem may be in the backgrounds that companies desired: 85% of COOs had experience in operations, strategy, or finance. In several industries, such as consumer goods, financial services, industrial products, and logistics, COOs usually had backgrounds in either managing operations or information technology departments.

Cash Flow 14

Cash Flow Telecommunications Operations Engineering 14

Harvard Business Review

MAY 19, 2015

Wall Street began charging a “conglomerate discount,” saying that diverse operations were hard to analyze with confidence. True synergies across the diverse operations were often hard to see. As I described in an article in the May issue of HBR , a single 3D printer can produce engine pumps one day and crankshafts the next.

Cash Flow 15

Cash Flow Engineering Fixed Costs Sales 15

Harvard Business Review

MARCH 23, 2015

They’re essentially asking the company to take the cash it has generated through its business operations and spend it on something with an uncertain future return. In addition to my work as a financial trainer, I am part owner of a small manufacturing engineering company with a lot of technical employees. Here’s why.

Cash Flow 14

Cash Flow ROI Manager Accounts 14

Chris LoCutro

MARCH 5, 2024

And you're looking at the p&l all the time, you're looking at cash flow all the time, you're looking at sales projections all the time, you're looking at expense reports all the time. And now you are that proverbial cliche, car engine running without oil, grinding and grinding and grinding. And sometimes you wish you didn't.

Small Business 59

Small Business Operations Accounts Energy 59

Harvard Business Review

OCTOBER 4, 2012

It was the first computer to bring a graphical user interface (GUI) to market, meaning that people with no knowledge of text based-operating commands could finally navigate the world of personal computing. Throughout the '70s, Xerox leadership empowered a group of scientists and engineers to develop products for the coming information era.

Cash Flow 15

Cash Flow Sales Sales Operations 15

Harvard Business Review

MARCH 1, 2018

The constantly fluctuating number of barrels of crude available from nimble shale operations is a primary driver, but so are the long-term impact of increased fuel efficiency and the fits and starts of the global transition away from fossil fuels on world demand. .—while The soaring U.S.

Cash Flow 14

Cash Flow Transportation Balance Sheet Energy 14

Harvard Business Review

FEBRUARY 24, 2011

Buffett explains that book value is the best proxy for "intrinsic value," the net present value of all estimated future cash flows. Gain accounting advantage : Buffett reports on the performance of his operating businesses by grouping them according to similar balance sheet and income statement characteristics.

Balance Sheet 15

Balance Sheet Cash Flow Insurance Benchmarking 15

Harvard Business Review

JANUARY 22, 2016

I had been an engineering manager at GE, so my areas of expertise included managing projects, inventory, and finances, all of which would be helpful. How many people in operations truly understand what it takes to run finance or HR, and vice versa? They got to try every aspect of running a business and see what they enjoyed.

Cash Flow 15

Cash Flow Real Estate Education Travel 15

Harvard Business Review

MARCH 21, 2013

Or perhaps it is difficult to really tell how well a company's innovation engine is functioning — so magazine editors are susceptible to the latest hot product or service. Return on equity (net income divided by equity) results from multiplying three key operating ratios: Profitability (net income over sales).

Cash Flow 10

Cash Flow Assets Benchmarking Sales 10

Harvard Business Review

MAY 1, 2017

See More Videos > See More Videos > To elaborate, a company’s intrinsic equity value reflects the long-term cash flows that shareholders expect to receive over time, discounted at the appropriate risk-adjusted cost of equity capital. And having a number of small good ideas can keep a company ahead of its rivals for years.

Cash Flow 15

Cash Flow Balance Sheet Energy Assets 15

Harvard Business Review

SEPTEMBER 2, 2015

You need to understand the two or three that drive your organization’s profitability and cash flow.” So while “a good operations executive might have an intuitive feel for what could work in the business,” that manager should never pressure an analyst to seek out numbers to support his or her opinion.

Cash Flow 14

Cash Flow Metrics Recruitment Education 14

Harvard Business Review

JANUARY 11, 2016

Investors from hedge funds to insurance companies are operating in an environment of low yields, near-zero interest rates, and a glut of savings. The main challenge is that investors are very good at understanding a single asset with standalone cash flows — a toll road, for example, or a power plant, or an apartment building.

Cash Flow 14

Cash Flow Real Estate Assets Nonprofit 14

Chris LoCutro

JANUARY 30, 2024

It's like I was saying, when you don't understand what your capacity is, to accomplish the goal that you're setting when you don't understand, and I'm talking about everywhere, team members, money, cash flow, tools, footprint, right? But don't go adding things when you are not operating with excellence.

Administration 59

Administration Revenue Sales Sales 59

Harvard Business Review

JUNE 10, 2015

The basic point was that online advertising was too small, and that transaction sizes were too insignificant to be anything other than a step down for companies used to rich cash flows. Its powerful search engine serves as a platform that instantaneously brings others’ content to users.

Media 13

Media Advertising Balance Sheet Cash Flow 13

Harvard Business Review

JUNE 10, 2014

Well, since 1985, Intel has generated cumulative operating income before depreciation of $287.4 Since 1985, Microsoft has generated $325 billion in operating profit cumulatively before depreciation. Since 2011, Apple has generated $150 billion in cash flow, much of that from the iPhone. How has this strategy worked?

Cash Flow 11

Cash Flow Operations Marketing Engineering 11

Harvard Business Review

NOVEMBER 24, 2015

The most common source of joint value is economies of scale , which allow for a reduction in the costs of either production or back-office operations. To make a combination successful, you need to engineer the economies of scale carefully to target the potential source of joint value. It may be beneficial to split these up.

Scaling 12

Scaling Cash Flow Assets Benefits 12

Harvard Business Review

JUNE 8, 2018

However, many investors seem to have concluded that the most successful companies with tens of billions of dollars of valuation today could never have justified their valuation at the start of their operation based on discounted cash flow. Investors are paying more attention to ideas and options than to earnings.

Cash Flow 8

Cash Flow Metrics Revenue Assets 8

Harvard Business Review

JANUARY 14, 2014

The company, founded in 1996 by an engineer from Xerox’s legendary Palo Alto Research Center , Pradeep Sindhu (who remains its chief technology officer and vice chairman), was one of the highest flyers of the fin de siècle tech stock boom. Are we seeing a billionaire trying to steal money from the pockets of hard-working engineers?

Cash Flow 8

Cash Flow Engineering Revenue Marketing 8

Harvard Business Review

OCTOBER 20, 2014

In the 1990s, Procter & Gamble’s Product Supply Organization kicked off a major Reliability Engineering program, much like the efficiency initiatives of companies such as Toyota. Combining these creates a P&L and a projection, which through a discounted cash flow analysis yields an NPV, which can be used to assess valuation.

Balance Sheet 8

Balance Sheet Cash Flow Assets Operations 8

Harvard Business Review

OCTOBER 4, 2012

It was the first computer to bring a graphical user interface (GUI) to market, meaning that people with no knowledge of text based-operating commands could finally navigate the world of personal computing. Throughout the '70s, Xerox leadership empowered a group of scientists and engineers to develop products for the coming information era.

Cash Flow 8

Cash Flow Sales Sales Operations 8

Harvard Business Review

JUNE 26, 2017

Each of these companies has aligned and integrated its culture and brand to create a powerful engine of competitive advantage and growth. When you think and operate in unique ways internally, you can produce the unique identity and image you desire externally. Just as brands differ, there is no single right culture.

Cash Flow 8

Cash Flow Operations Human Resources Benefits 8

BCW Institute

MAY 2, 2022

“How an Entrepreneurial Operating System Produces Greater Outcomes”. Intro: Does your organization have an operating system that links your vision down to your employees’ daily and weekly actions? And we’re going to be talking about phase two, which is in the realm of operating systems. May 2, 2022.

Operations 52

Operations Cash Flow Nonprofit Manager 52

Harvard Business Review

MARCH 31, 2016

Your current business is the performance engine. It both funds day-to-day operations and generates profits for the future. For a long time, I have been troubled to see how often organizations fail to invest wisely in their futures while instead placing dominant emphasis on the present. To be sure, the present is vitally important.

Manager 15

Manager Cash Flow Operations Metrics 15

Harvard Business Review

SEPTEMBER 27, 2012

While its competitors were spending lavishly on new equipment, ALL repaired decommissioned engines from its "dead fleet," bought used locomotives from African carriers, and replaced damaged sections of the main line with dismantled tracks from abandoned parking stations. Making better decisions.

Cash Flow 9

Cash Flow Engineering Revenue Transportation 9

Harvard Business Review

OCTOBER 7, 2015

This typically means they look to re-engineer the balance sheet to increase shareholder yield, over the shortest amount of time possible, which typically ranges between six to twelve months. Sometimes it doesn’t make sense for companies operating in the same space to continually compete. Example: Jolly Inc. Example: MineMe Inc.

Balance Sheet 12

Balance Sheet Cash Flow Revenue Reorganization 12

Chief Executive

MAY 20, 2022

But doing it just internally—what is the motivation of the ICE [internal combustion engine] people? In an interview a few years ago when he was head of the autonomous vehicle operation, he said, “EVs aren’t the answer.” You’ve given them a death sentence. Meanwhile, there’s a clear future for the people who work on EVs.”.

Cash Flow 98

Cash Flow Marketing Rollout Scaling 98

High Scalability

NOVEMBER 25, 2019

This is a guest post by Kalpesh Patel , an Engineer, who for Egnyte from home. It is 12 years old currently and cash flow positive. Coding is the easiest part of the lifecycle but its maintenance like deployment/operations/learning curve will be hard if you have too many technologies. You can reach him at @kpatelwork.

Scaling 21

Scaling Engineering A/B Testing Manager 21

Chief Executive

JANUARY 31, 2023

Customer-engagement software provider RESTRAIN TEMPTATION AMID GROWTH George Deglin, CEO, OneSignal • San Mateo, California Even when the economy was extremely strong, we kept our eye on expenses and on how we ran our business operations. So we were aggressive in growth areas, but in a way that always kept an eye on business metrics.

Cash Flow 97

Cash Flow Software Travel ROI 97