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Brad Jacobs

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1196 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

They then take it together with the FP&A, with the financial people, and look at each one of these ideas and say, okay, what would be the financial impact?

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Supposing we did this, suppose we automated this function, for example, how much more money would that save?

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And we could pass along some of that to the customer and keep some of that for ourselves and we grow margin here.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And then what would it cost?

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And how much time would it take?

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

What would the timetable look like on that?

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

What would be the investment in that?

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And then it all comes down to ROIC, which is the basic thing of businesses.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

ROIC, you're deploying capital and getting money back.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And then they stack rank all those.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And now we've got the beginning of a business plan for our tech group.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Here's what we asked all of our employees, what's the fantasticest...

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

tech you can imagine.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And now we've gone into detail of what would cost and what the return would be and timing for it.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And we've stack ranked them.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And now we have our plan.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And then we track that plan.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

We execute that plan based on a timescale.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

We assign responsibilities to people.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Now we have a checklist and we have weekly and monthly meetings where we color code our progress on that, of how likely are we to hit the goal by that date that we initially said.