Product Description
This text shows readers what to do to achieve maximum shareholder value on a continuous basis, and how to do it.
From the Author
Capturing all the value, with specific actionsMaximising shareholder value-- which is quite different from trying to merely create 'some' value-- is the CEO's mandate. Even well-managed corporations underperform in value terms by up to 50%, and those leaders who fail to meet the value improvement face a short time in office. PR bluster about 'achieving shareholder value' today marks the company that relies on bluff rather than solid achievement.
An action-based approach (as described in The Value Mandate, with considerable industry-specific detail) represents a key departure from myopic focus on value measures and partially effective incentives alone. Focusing on the metric instead of major value improvement is confusing the speedometer of the car for its engine. Right-thinking managers understand the action imperative for value and are pursuing the programmes and approaches described here, including examples from the archives of VBM Consulting, a leading thought and practice leader participant in the international shareholder value consulting field.