Value Based Management: Developing a Systematic Approach to Creating Shareholder Value - Hardcover

Knight, James A.

Hardcover

ISBN 10: 0786311339 ISBN 13: 9780786311330

Publisher: McGraw-Hill, 1997

Synopsis

Value Based Management brushes aside the often-confusing amalgam of quick-fix management potions, and gives you tested tips and strategies designed to turn your company into an equity-enhancing machine. This long-awaited book describes how, once you have seen and tried the hundreds of different management theories that abound today, one goal will always remain: Enhancing Shareholder Value. Companies that focus on creating and building value become focused, goal-oriented, and successful at building the powerful business machines that are required in todayÕs give-no-quarter competitive environment. Performance measurement consultant James A. KnightÕs eye-opening book provides convincing proof that strategies designed to maximize shareholder value can benefit everyone involved. With its clear-cut diagrams, explanations, and case histories, Value Based Management demonstrates how every decision your management team makes can consistently create shareholder value. Its comprehensive benefits include a clear definition of the nature of corporate value, and how the act of enhancing it can create positive reverberations throughout the entire company; examples of companies that have successfully managed for value and how they have done it, alongside examples of companies that failed to manage for value and how you can avoid their pitfalls; and explanations of how Value Added Management creates the optimal balance between short and long term decisions, and helps your managers balance the trade offs between improved levels of profit and greater growth. Like so many journeys, the toughest step when focusing your company on Value Management is the first step. Take that first step today! Read Value Based Management, focus on the strategy and business questions it raises, then think about how its solutions can be tailored to fit your company. Once you have begun to implement Value Based Management your shareholders, along with your customers and employees, will recognize and reap the profitable benefits of a value based corporate mindset.

About this title

From the Publisher

Value Based Management brushes aside the often-confusing amalgam of quick-fix answers and gives you tested tips and strategies designed to turn your company into an equity enhancing machine. You won't learn how to attend to investors at the exclusion of customers or employees. On the contrary, James A Knight's groundbreaking book demonstrates convincingly how strategies designed to maximize shareholder value can benefit everyone involved.

From the Author

This book is intended for a broad audience of senior managers, corporate finance personnel, and operating managers. Everyone in the organization should have a straightforward intuitive grasp of how their decision-making will affect value creation and impact the organization. The purpose of this book is to provide an understanding of the key concepts underlying the application of value based management.

Edition details

• Publisher: McGraw-Hill
• Publication date: 1997
• ISBN 10: 0786311339
• ISBN 13: 9780786311330
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 307