Cash Preservation

Cash preservation is typically a top of mind concern for any business. Having provided CFO consulting for many start-ups and growing businesses, I’ve seen this be particularly important. In many cases, a course of action has a different result from a cash flow perspective than a profit perspective. A decision may make sense from a …

Big Data, HR Analysis and HR Metrics

The HR and business data disconnect—and what to do about it In HR, as in practically every realm of business, there are a lot of interesting discussions happening about how to use analytics and big data to improve decision making and business outcomes. Yes, the possibilities are exciting but they are often limited by business …

Complexity vs. Simplicity: Knowing the Audience for Your Valuation

The world of finance and valuation, in particular, can be intimidating. Whether it’s the valuation of common stock for your personal portfolio or the valuation of a mid-market company with diversified operations generating $50 million in revenue, each analysis has one common goal: turn inputs into outputs. Period. Nothing more. Nothing less. The rise of …

Reasonable Cybersecurity Measures

There are two facts about cybersecurity that are undeniable: 1.) No business entity is immune to cybersecurity risks. 2.) There is no singular, “one-size-fits-all” answer to mitigating cybersecurity risks. With that in mind, what should we be doing to ensure we have done what is necessary to protect our organizations’ data from malicious actors?  The …

The Next Banking Crisis

Following the last financial crisis, the focus on the safety and soundness of banks was good for the financial system. New bank liquidity and capital policies, among other things, strengthened a weakened system. The banking system today is stronger, with more assets and better loan underwriting standards. Despite good intentions, however, these rules, that were …

Someday I’ll Be A Unicorn

Friday afternoons are always days that I tend to wax philosophic. This Friday’s musings got kicked off by a post that a good friend shared with me about GAFAnomics, basically a shrine to Google, Apple, Facebook and Amazon as pillars for the “new economy”. Not to take anything away from the success of these companies, but I have heard this song and …

Leadership and Creating a Winning Organization

Polls over the years in organizations as well as government show that the majority of people do not particularly trust those who lead. Last year, a Forbes article provided data telling us that there are very low levels of employee engagement in the US and worldwide. Executive tenure has been dropping for years (although the …

Consulting CFO Bill Schwartz Joins vcfo

Bill Schwartz has joined vcfo as a Consulting CFO for the Austin office. vcfo, an Austin-based consulting firm that provides access to expert-level finance, human resources, technology and recruiting support, recently announced that Bill Schwartz has joined the Austin office as a Consulting CFO. Based in Austin, Bill will provide clients of all sizes—from start-up …

The HR Evolution and Revolution

The word “revolution” comes to us from the root Latin word “revolutio”, which means to spin or turn around. It later took on the meaning of rejecting the status quo in favor of a radically and transformatively different direction or approach. I believe that American industry and the Human Resources profession in particular needs a …

The Business Benefits of Paying it Forward

When it comes to businesses giving back to their communities, volunteer programs don’t always have to be big or carefully orchestrated. Pay-it-forward initiatives are a case in point. Ever since the release of Catherine Ryan Hyde’s Pay It Forward novel in 1999 and the movie adaption in 2000, all types of businesses and their employees …