Tag: DDA

I wrote this tweet in 2013, after seeing the McKinsey article on digging into details. Disaggregate data – take per-segment => per-customer analysis. @McKinsey catches up with @maprinci circa 2007 http://t.co/vi4bsVbCdS — rickcolosimo (@rickcolosimo) December 5, 2013 The world has...

Following the recent hullabaloo about some seemingly simplistic spreadsheet errors in a recent study, many articles have decried the pervasive nature of spreadsheet errors.  What we’ve found though, is that just as typos are the not the biggest problem with written...

A colleague recently asked us about finance and money tips for small businesses. Since we spend a huge amount of time analyzing very large companies from the perspective of the equity markets, it might seem that the lessons we teach...

This WSJ article on identifying and analyzing mutual funds is interesting because of what’s not there. The article describes a new study by Fama and French, the prolific finance authors who continue to study the efficient market hypothesis and the...

This recent memo from the president of Guidestar.org moved way beyond the typical self-congratulatory non-news and sales announcements and started off with a bang: start with these two simple and profound questions: what is your organization’s mission and how are...

When we start discussing our heavy usage of weighted averages with customers, we sometimes get a questioning look, until we make the analysis more concrete for them. People are very familiar with using averages; equity analysts regularly look at numbers...

We are often approached by small businesses that are seeking capital in connection with strategic and operational advice. For anyone corresponding with us, or frankly for anyone starting to get a handle on an existing business, here’s a short due...

The WSj recently published an article regarding the prospects of asking/demanding that political candidates or prospective CEOs release DNA sequence information. For us, even though data-driven analysis is the first phase in our business leadership process (Data-Driven Analytics (DDA), Informed...

A recent PLI newsletter article referenced an idea of measuring legal department spending in terms of $0.xx/share. The editor notes, correctly in our opinion, that the per-share measure is likely to be unsuitable over the long-term because share numbers change...

We recently came across this brief interview from a “political philosopher.” Of course, that’s not going to mix well with our nothing-but-the-fundamentals view of business and achieving goals. (We tend to leave the philosophy for the goal-setting.) In brief, the...