The CEO, strategy, and shareholder value: making the choices that maximize company performance
Kontes, Peter
Business leaders have experienced some of the greatest economic upheavals in history, forcing many to reconsider how to lead their companies. The CEO, Strategy, and Shareholder Value reveals the five major choices every leader faces,including performance objectives, participation choices, positioning choices,organizational choices, and risk management choices. This seminal book from atrue thought leader offers business managers an innovative, new look at how to most effectively deliver shareholder value INDICE: Preface. Acknowledgments. Introduction. Chapter One Foundations. The Purpose of Strategy. The Role of the CEO. The Five Choices That Shape Strategy. A Strategic Management Framework. Chapter Two The Economics of Strategic Management. Economic Profit. Economic Profit and Strategy Valuation. The Financial Drivers of Economic Profit and Equity Value. The Strategic Drivers of Economic Profit and Equity Value. Chapter Summary. Chapter Three Choosing the Right Performance Objectives. Aspirations. Choosing Business Unit Objectives. Choosing Company Objectives. The Tyranny of Top-Down Targets. Chapter Summary. Chapter Four Making the Right Participation Choices. General Considerations. Assessing Participation Opportunities. Making Offering Choices. Making GeographicMarket Choices. Making Customer Segment Choices. Corporate Center Participation Choices. Chapter Summary. Chapter Five Making the Right Positioning Choices. Positioning Choices and Competitive Advantage. Business Models. Closed Models A Closer Look. Open Models A Closer Look. Execution Capabilities. Corporate Positioning Choices. Chapter Summary. Chapter Six Making the Right Organizational Choices. The Institutional Imperative. Governance Practices. Executive Processes. Executive Capabilities. Chapter Summary. Chapter Seven Making the Right Risk Management Choices. Clarifying Risk. Setting Risk Thresholds. Making the Right Portfolio Choices. Making the Right Balance Sheet Choices. Making the Right Ethical Choices. Chapter Summary. Chapter Eight Making It Work. Conditions Conducive to Success. Priorities for Change. The Prize. Chapter Summary. Appendix I Economic Profit Growth, Earnings Growth, and Total Shareholder Returns. The Data. The Analysis. Discussion of Results. Appendix II Economic Profit and Equity Value. Valuation Models. Appendix III Economic Profit and Equity Value. Appendix IV Reorganizing the Corporate Center. Appendix V CEO Pay Practices: An Alternative. Endnotes. About the Author. Index.
- ISBN: 978-0-470-59630-2
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 272
- Fecha Publicación: 29/09/2010
- Nº Volúmenes: 1
- Idioma: Inglés