Remove EBITDA Remove Finance Remove Management
article thumbnail

The ROLE of Emotional Intelligence in Effective Leadership Today

The Center For Leadership Studies

Zig Ziglar is known for saying, “You must manage yourself before you can lead someone else.” At every level of the organization, EI’s pivotal role is to help the leader: Manage self. At every level of the organization, EI’s pivotal role is to help the leader: Manage self. Manage others. Manage work. MANAGE SELF.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

If you’re not a numbers person, finance is daunting. But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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'

article thumbnail

The Secrets to TripAdvisor's Impressive Scale

Harvard Business Review

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%. The chart below shows their financial performance over the last few years, with forecasted 2012 revenue of $767M and EBITDA of $339M.

EBITDA 8
article thumbnail

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.

article thumbnail

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. The value of that carried interest, of course, depends on the performance of the business, its size, amount of debt used to finance the acquisition and the eventual pricing of a subsequent sale.

article thumbnail

Don’t Turn Your Sales Team Loose Without a Strategy

Harvard Business Review

This is ineffective deal management, and it eventually leads to loss of positioning with customers, and, over time, the nurturing of “commodity competencies.” At that point, Alphatech’s management reassessed its strategy and sales approach. Management first evaluated who were, and who were not, good customers.