Tag: business basics

Analytics

Mini Data Workers On Device

I have talked in the past about Big Data; the need for CFO’s to be integral in the process of collecting and analyzing data.  Smart CFO’s then create analytics out of analysis. Analytics can include several different types.  See this article in InformationWeek for a more detailed description of three: Descriptive, Predictive, and Prescriptive.  See the comments… Read more »

What is EBITDA?

So-what-is-EBITDA

When I was growing up in the south suburbs of Chicago, a highlight was going to our local high school basketball games.  I’m dating myself, but the pep band would play a peppy Chicago tune or the Hawaii-5-0 theme – a good old time.  The cheerleaders would also do the cheer – gimme a V,… Read more »

Uncontrolled use of financial terms

Finances Spelled Out Using Scrabble Pieces

Being a finance guy, I catch myself now and then throwing around acronyms or other financial terms without thinking.  I recently had a conversation with a client and when I started talking about EBITDA, I received the look of “what does that mean” along with the raised eyebrow and curled nose.  As such, I’m now… Read more »