Last Updated: October 4, 2025
Analyzing Management
Leadership at public companies plays a pivotal role for hedge funds and asset managers during both initial due diligence and ongoing risk assessment. ManagementTrack offers a consistent framework that filters out the noise—highlighting strengths and weaknesses, identifying warning signs and positive indicators, and drawing a clear connection between CEO choices and investment returns.
CEO Baratz’s execution and financial discipline issues may threaten cash needs.
Analysis of D-Wave Quantum CEO Alan Baratz
Despite some strategic ability, a history of execution failures, credibility issues, and poor financial discipline may leave Alan Baratz poorly aligned with D-Wave’s urgent revenue conversion and cash management needs.
Management evaluated Alan Baratz’s track record and skillset against the following key factors for QBTS:
- Navigating competition and slow adoption to sustain growth.
- Executing on-premise sales to diversify revenue streams.
- Converting Advantage2 pipeline into recurring revenue contracts.
- Managing high cash burn to forge a path to profitability.
Alan Baratz’s Track Record & Key Open Questions to Research
ManagementTrack provides track record analysis, career playbooks, strengths, and weaknesses for every CEO. It allows investors to dig deeper to uncover hard to find data to answer the most pressing questions.
Reach out to sales@paragonintel.com or visit https://paragonintel.com/access-now/ for more information.
Question #1
When faced with the tension between selling a bold, long-term vision and confronting near-term product or commercial shortfalls, does Baratz prioritize managing the external narrative or driving internal operational rigor to close the gap?
Question #2
Given his history of prioritizing ambitious growth over profitability, does Baratz possess the financial discipline to rein in D-Wave’s high cash burn, or is he more likely to deploy his large cash reserve on strategic bets before establishing a clear path to positive cash flow?
Question #3
Reflecting on his success as a divisional operator at Avaya versus the enterprise-wide execution failures at Amber Alert, does Baratz govern as a visionary strategist who delegates operational details, or does he demonstrate the hands-on leadership required to personally ensure that product quality and financial controls are strong enough to support his strategic ambitions?
Why Do Investors Use ManagementTrack?
Q: How does ManagementTrack assess Alan Baratz’s leadership at QBTS?
A: ManagementTrack evaluates Alan Baratz by conducting a proprietary career analysis and interviewing former colleagues. This process identifies his track record, core competencies, and potential weaknesses. These findings are then benchmarked against the critical challenges facing QBTS, which include navigating a competitive landscape, executing on-premise sales to diversify revenue, converting its pipeline into recurring contracts, and managing high cash burn to achieve profitability.
Q: What additional tools does ManagementTrack use to link executive behavior to company performance?
A: Through proprietary models, ManagementTrack detects and flags unusual instances of executive evasion during earnings call Q&A sessions. Additionally, its system scrutinizes all insider transactions to identify statistical outliers that may signal future stock over- or underperformance. These analytical layers are synthesized into the ManagementTrack Rating, a predictive 1-to-10 score assigned to each executive. This combination of tools provides investors with a distinct, forward-looking perspective on how an executive team’s capabilities are likely to influence company results.
Q: Which companies does ManagementTrack cover?
A: ManagementTrack provides real-time analysis on the c-suite executives of all publicly traded companies.
How to Learn More
Reach out to sales@paragonintel.com or visit https://paragonintel.com/access-now/ to see our deep dive analysis on any executive.
Author
Colby Howard is the co-founder and President of Paragon Intel. Paragon Intel’s ManagementTrack is the premier executive analysis platform for hedge funds, asset managers, corporations, boards, and recruiters. Our proprietary data, built over a decade of analysis, allows us to analyze each public company executive to understand their fit and ability to execute at their company. We leverage our proprietary data – key quantitative research on an executive’s career plus interviews with their former colleagues – with public documents, including SEC filings (10-K, 10-Q), investor presentations, press releases, and earnings call transcripts. to build a holistic, evidence-based view of an executive’s capabilities and playbook.
Sources
- Verified Career History by ManagementTrack for Alan Baratz
- Analysis of Capital Allocation, Performance, and Fundamentals across career by ManagementTrack
- D-Wave Quantum, Inc. 10Q
- D-Wave Quantum, Inc. 10K
- D-Wave Quantum, Inc. Earnings Calls
- D-Wave Quantum, Inc. Press Releases
Relevant Links
- For more information on ManagementTrack’s Data visit: https://paragonintel.com/management-track-data/
- For more information on ManagementTrack’s Interview & Analysis visit: https://paragonintel.com/management-track-reports/
- For more information on ManagementTrack’s Interview library visit: https://paragonintel.com/management-track-report-library/
- For more information on ManagementTrack’s Evasion Analysis visit: https://paragonintel.com/earnings-call-evasion/
- For more information on how ManagementTrack helps hedge funds and asset managers visit: https://paragonintel.com/
