Storylines Live
Episode 5: The Power of People: Exploring the Impact of Human Capital in Business Valuation with Dave Bookbinder
Dave Bookbinder is on a mission to change the conversation about how the accounting world recognizes the value of people’s contributions to a business enterprise, and to validate what every CEO on the planet claims: “Our people are this company’s most valuable asset.” Working closely with business owners, CFOs, Controllers, and CEOs, Dave strives to build relationships that add value for the long term. He also serves as the host of the internet TV show and podcast called Behind The Numbers—the show that digs a little deeper to understand what matters most in business.
Key Takeaways
- The traditional valuation process often overlooks the unique value of human capital, treating employees as interchangeable assets.
- Effective leadership and strong employee engagement are directly correlated with improved business performance.
- The pandemic highlighted the resilience and adaptability of employees, leading many leaders to embrace flexible work arrangements.
- Businesses typically seek valuation services during significant events, such as mergers, ownership transfers, or disputes.
- Business success hinges on building and maintaining strong relationships, both internally with employees and externally with clients.
Timestamps
00:10 Host Introduction
00:29 Guest Introduction: Dave Bookbinder
00:55 Dave’s Background
02:00 About Dave’s Book: The New ROI: Return on Individuals
02:57 About Dave’s Podcast: Behind the Numbers
04:03 Dave’s Approach to Business and What Sets Him Apart
7:00 The Importance of Storytelling in Business
10:00 Dave’s Personal Journey as a Single Father
13:32 The Role of Human Capital in Business Valuation
17:00 Impact of COVID on Leadership and Work Flexibility
20:07 Who Benefits from Dave’s Services
23:01 B2P (Business-to-People) Philosophy
25:45 How to Connect with Dave Online
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