Innovation Excellence

FEBRUARY 14, 2016

When companies base their internal performance measurement systems solely on short-term profits or traditional GAAP-approved accounting returns—the results can be dangerously skewed, causing premature or inappropriate decisions about the fate of new innovations and R&D funding. Continue reading →

GAAP 58

GAAP System Innovation Short-term 58

Harvard Business Review

JUNE 8, 2018

This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course. Furthermore, the operating managers cannot take their eyes off day-to-day operations to focus on innovation. Analysts increasingly rely on non-GAAP metrics.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

AUGUST 30, 2018

These include access to digital goods and services, being part of global supply chains, accelerating and partaking in the fruits of innovation, and helping citizens access information, entertainment, and connectivity on a worldwide basis. India’s finance ministry has proposed such an approach to the central bank.

Supply Chain 13

Supply Chain Globalization GAAP Policies 13

Harvard Business Review

NOVEMBER 1, 2011

Who declared 7 or 10 or 15 percent growth in earnings a sacrosanct pursuit, above all other corporate goals — like the innovation that leads to novel solutions that address customer needs? I hope we see more leaders walking away from these absurd pressures that keep them from building innovative, profitable, sustainable companies.

GAAP 10

GAAP Short-term P&L EPS 10

Harvard Business Review

APRIL 3, 2015

In recent years, investors have learned that defining the market value of a firm cannot just be based on finances. GAAP and FASB standards require financial reporting of earnings, cash flow, and profitability – all measures that investors have traditionally examined.

Marketing 8

Marketing Leadership Venture Capitalist GAAP 8