Brad Jacobs
speaker
1,288 appearances
1 recordings
1 series
first heard Aug 2026
last heard 4 Aug
Brad Jacobs’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.
Appearances
And they're also doing...
budgeting, constant iterative budgeting.
We don't do budgeting once in a while.
We do budgeting every day, every single day where we've got our numbers, that is our plan.
And where are we tracking versus the plan?
And the FPA people are really good at figuring out who's sandbagging,
And who's exaggerating?
What I mean by that is you have some managers who just do their personalities or for whatever reason, or maybe they're playing games with their bonus.
They want to lower expectations.
So they come out looking like heroes.
Well, that's not good because we want to know the real likely outcome so we can plan around that.
On the other hand, you have some people who are overly self-confident and they think this is definitely going to happen and I'm going to grow this.
But if you look at their history, if you look over the last three years, they've missed their predictions by three to five percent, like pretty much every year.
So they're going to discount them based on the past, predicting their future, likely to succeeding.
So the FP&A people play a big, big role in that and figuring out what is the...
highest, lowest, and likeliest outcome for all these different endeavors that we've got.
And they're also playing a big role for allocating capital.
So we talked before about the two big things that senior executives do is
decide what kind of ways we're going to spend money, allocate capital because it's finite.
Even if it's billions of dollars, it's not trillions or gazillions, it's billions, it's finite capital.
Showing 1021–1040 of 1,288 · page 52 of 65
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