Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Anthony Scilipoti

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1019 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

My business is a B2B business that's totally outside of being affected by current GDP movements, and my stock price falls.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

I had no control over that.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So I think it incentivizes what I think the wrong thing is and makes people make potential decisions which can manipulate the stock price, which may or may not be good for the company.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Oh, on their stock.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

I'm going to look for, okay, so the answer to your question is about what incentives do I think make sense.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Well, you look at what the key measures of success are for the company and do those align with investors' interests.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So investors care about the company's longevity, its ability to generate cash, its ability to grow and sustain itself.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And if the company's incentives aren't linked to that, so if they're not tied to cost control, if they're not tied to driving revenues from an organic standpoint, not just from acquisitions, if they're driven by acquisition but with no care to what's going on on the balance sheet, that's a problem.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

I would say, you know, it's not easy to say that just I hate, I'm sorry, but one, here's the one thing and it's going to work.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

But I think it's one where is it consistent?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Did it change?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Did a company say, you know, we're going to pay management on X performance metric if they hit it?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

They get 100 percent.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

If they don't, they get some graduated scale.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Well, then management doesn't hit it and they change the metric and management still gets a bonus.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

I think that's a problem.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Because now what that does is it says that everything's OK.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And, you know, it's hard again.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Now I'm a board.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

See, the more you learn and the more experience you have, you understand more about what you don't know and that there's a lot of things to learn.