The raging fires throughout Northern California now appear to be the worst fire disaster in California history. I t may seem like closing the barn door after the horse is…
I know our friends, colleagues and clients in the wine country of Sonoma and Napa are reeling today from the tragedy and devastation brought about by the raging fires in…
The “Truth Will Set You Free” has been uttered by thousands, but maybe only a few really believe it and tell it faithfully. T hat’s the mantra at Exkalibur.com and…
This week, two North Bay organizations deserve a round of applause!Amy's Kitchen opens an on-site health care clinicFirst, congratulations to Amy's kitchen for its innovative approach to employee health care. They…
New metrics to Define Financial Performance?
In the tumult surrounding the 3D maelstrom (Debt Ceiling, Downgrading and Deficit) of several weeks ago, you may have missed another chilling corporate finance update on the relentless pursuit of performance metrics that extol the sunshine while you’re in the heart of darkness. Yes, there may be some economic value for certain of these metrics, but they’re dangerous barometers of realizable value and highly misleading as to future achievements of tangible operating profits and free cash flow.
Most of us recall the “eyeball counting” that preceded the Dot-Com-Bomb and those certain “Signs of the Apocalypse”, as when your cab driver is telling you what stocks you should buy. (more…)
