Pillar 6
How a company decides where the next dollar goes — invest, return, repay, or hold.
Pillar 6 is the most strategic financial discipline of all: deciding where to put the marginal dollar of capital. Reinvest in the business, return to shareholders (dividends or buybacks), pay down debt, or hold for optionality. The decision sounds simple and is not — it requires comparing IRRs across very different opportunities, accounting for risk and time, and persuading a board that any allocation is the right one. This is the work that separates a CFO who is a financial leader from a CFO who is an accounting administrator.
Wave 1 · Live
Full modules: narrative, interactive visuals, templates, and CFO-style quiz.
4
modules
The four buckets every CFO must allocate against, and how to compare returns across them.
Where the discount rate comes from, and why most companies use the wrong one.
When returning capital is value-creating, when it is value-destroying, and how to defend either decision.
How the best boards evaluate capital allocation decisions ex-post, and what they look for.
Building in public. Modules launch in waves. Wave 1 (live): variance analysis, KPI design, and driver-based modeling. Wave 2 (in authoring): rolling forecasts, scenarios, and management reporting. Suggest a topic or share feedback at hola@deabaco.com.
Where to next?