#AlignedValue #OpEd on Blueprint for Digital Companies’ Financial Reporting via @Harvardbiz #CEO #CFO #CorpGov


Adapted from: A Blueprint for Digital Companies’ Financial Reporting (August 3, 2018) Harvard Business Review (HBR), link to source: https://hbr.org/2018/08/a-blueprint-for-digital-companies-financial-reporting?utm_medium=email&utm_source=newsletter_monthly&utm_campaign=finance_not_activesubs&referral=00209&deliveryName=DM13132 Investor Problem: Digital businesses are stuck in Old World Accounting & Financial Reporting.  It is widely known that transparency in financial reporting for digital companies is frequently too…cloudy.  Risk, intrinsic value, and potential value are difficult assess – causing poor investment decisions.  Sometimes critical information is reported, but in obscure or inconsistent footnotes.  This makes it challenging for current and prospective investors to make informed choices. Management Trade-offs: The cost of compliance for financial reporting isn’t cheap.  And companies certainly deserve … Continue reading #AlignedValue #OpEd on Blueprint for Digital Companies’ Financial Reporting via @Harvardbiz #CEO #CFO #CorpGov

After The Turnaround: The Next Tack @BestBuy // Building the #NewBlue $BBY


  I stand up and enthusiastically applaud Top Management Team’s (“TMT’s”) that have a propensity to outperform.  And TMT’s with “Staying Power”, a/k/a the capability to consistently outperform over long periods of time, have a special place in my heart.  They have that “Je ne sais quoi”, a rare quality that cannot be easily described or named. Here are some examples of what TMT’s with Staying Power do different.  They: Create new categories of products and services for customers Generate demand amidst extremely challenging economic forces Return value for shareholders, in the form of Total Returns Offer learning, development, and career … Continue reading After The Turnaround: The Next Tack @BestBuy // Building the #NewBlue $BBY

#AlignedValue @BlackRock’s Larry Fink Proposes a #CEO Roadmap for ending short-termism #CorpGov #MustRead


[Written On BlackRock(R) Letterhead] Text of Larry Fink’s 2016 Corporate Governance Letter to CEOs February 1, 2016 Dear Chairman and CEO, Over the past several years, I have written to the CEOs of leading companies urging resistance to the powerful forces of short-termism afflicting corporate behavior. Reducing these pressures and working instead to invest in long-term growth remains an issue of paramount importance for BlackRock’s clients, most of whom are saving for retirement and other long-term goals, as well as for the entire global economy. While we’ve heard strong support from corporate leaders for taking such a long-term view, many … Continue reading #AlignedValue @BlackRock’s Larry Fink Proposes a #CEO Roadmap for ending short-termism #CorpGov #MustRead