For years, I’ve been searching for a simple and readable explanation of phantom stock plans. I want that simple guide to give to CEOs because I believe phantom stock arrangements when executed creatively can be one of the best bonus plans for mid-level and senior leadership team members. While that book does not exist, I did find someone who has helped to craft more than a hundred such phantom stock plans, our topic in this episode.[Read more…] about What’s the Book on Phantom Stock Plans?
I’ve always been intrigued about the roles of business psychologists and certified coaches and their ability to elevate the performances of the people and organizations they work with. In this show, I visited with Dr. Russell Thackeray, a business psychologist, certified coach, trainer, and renowned speaker. We addressed topics such as resistance, when to hire a business coach, the intentions and execution of tough love, psychological capacity, and much more.[Read more…] about What is a Business Psychologist?
More than twenty years ago, I first heard Captain Charlie Plumb’s story of six years of captivity in a Vietnam prison camp. I still get chills and goosebumps when I listen to his story of resilience, hope, and faith. If you have heard him speak, you still might find his nuggets on Admiral Stockdale, Louis Zamperini, and PTSD insightful and intriguing. His book is, I’m No Hero. Yet, I consider him one.[Read more…] about Captain Charlie Plumb on Grit, Honor, and Gratitude
The answer is yes. But you might be asking, “Who is Mike Piper?” Mike writes at a great blog called, Oblivious Investor. He’s written nearly a dozen books on accounting, taxes, and business entities that are generally less than 100 pages.[Read more…] about Should Mike Piper Be On Our Radar?
Sometimes, I perceive that KPIs are a religion. Everyone has a view of what they are and how they should be designed and presented. Definitions are hard to pin down because five business leaders might give you five different answers depending on their perspectives. What if we had a framework that eliminated KPI brainstorming while offering a template for including targets and incentives for these key numbers? That framework exists thanks to Bernie Smith.[Read more…] about Why Do KPIs Have to Be So Hard?
One of the best personal finance books ever written is The Millionaire Next Door by Danko and Stanley. I’m not sure who the marketing or publishing genius behind the title The CEO Next Door is but they certainly got my attention when the book was released.[Read more…] about CFO Myths
Books on management accounting? Is it even possible to like such titles? For me, the answer is tricky because I’ve never been a cost accountant, and I’m more of an FP&A person than a managerial accountant. Yet there are three titles that are uniquely informative and impressionable on this complex discipline.[Read more…] about My Three Favorite Management Accountant Books
I’m in the habit of relistening to books I really like. I’ve never done this before, but if I were able to count which books I listen to the most a second or third time, it would easily be investment books.[Read more…] about Six Investment Books You Will Listen to Twice
Many years ago, my first accounting professor stated that accounting was the language of business. As a young student, who was I to disagree? About seven years later after working on several M&A projects, I formed my own opinion about the language of business. The financial model is the language of business. And there is no one better to articulate this idea than Ian Schnoor of the Financial Modeling Institute.[Read more…] about Financial Modeling Insights with FMI’s Ian Schnoor
Birthdays do funny things to our minds, especially as we get older. In my case, I started revisiting my past. What was I doing twenty years ago? Ten years earlier? And then five. Five years ago. That seemed like ages ago until I looked at the books I read in 2017. Seemed like yesterday.[Read more…] about My Favorite Books Five Years Ago