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 tovalidatewhat 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 calledBehindTheNumbers—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

  • 00:10Host Introduction
  • 00:29Guest Introduction: Dave Bookbinder
  • 00:55Dave’s Background
  • 02:00About Dave’s Book:The New ROI: Return on Individuals
  • 02:57About Dave’s Podcast:Behind the Numbers
  • 04:03Dave’s Approach to Business and What Sets Him Apart7:00The Importance of Storytelling in Business
  • 10:00Dave’s Personal Journey as a Single Father
  • 13:32The Role of Human Capital in Business Valuation
  • 17:00Impact of COVID on Leadership and Work Flexibility
  • 20:07Who Benefits from Dave’s Services
  • 23:01B2P (Business-to-People) Philosophy
  • 25:45How to Connect with Dave Online

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