Evaluate nonprofits by starting with the goal

By rickColosimo / November 11, 2009 /

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 you trying to accomplish it? It’s amazing how many organizations can’t answer this. I read…

Read More

Clear examples of weighted-average analysis

By rickColosimo / December 9, 2008 /

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 such as Days of Sales Outstanding that are composite numbers for an entire company. Very…

Read More

Short Form Due Diligence Request List

By rickColosimo / November 24, 2008 /

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 diligence request list. This list would also serve a new director well to become acquainted…

Read More

Why raw data alone is insufficient for making decisions

By rickColosimo / November 1, 2008 /

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 Decision-Making (IDM), and Intentions-Based Guidance (IBG)), it is important to understand that data alone is…

Read More