Outperform with Expectations-Based Management

Outperform with Expectations-Based Management PDF

Author: Tom Copeland

Publisher: John Wiley & Sons

Published: 2011-09-28

Total Pages: 295

ISBN-13: 111816105X

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CEOs and managers live and die by delivering superior performance to shareholders. This is why expectations-based management has been developed. Outperform with Expectations-Based Management (EBM) introduces a revolutionary new performance metric that links performance standards, performance measurement, and the achievement of performance. It's easy to say that if a CEO can get performance measurement right, then performance improvement will follow. But what is the "right" measure of performance, and how do you use it to improve performance? Authors Tom Copeland and Aaron Dolgoff answer these questions and many more, as they show you how to find the measure of performance that has the strongest link to the creation of wealth for the owners of both public and private companies. They answer the puzzle of why growth in earnings is not correlated with shareholder returns and explain the under- and over-investment traps. And they explain how clear communications to investors and managers alike improve value. The bottom line is that share prices go up when companies exceed expectations -- short-term and long-term -- of income statement and balance sheet performance and daily operating value drivers. Gain a complete understanding of EBM and discover how to do this, and much more, while staying competitive in an unforgiving business environment.

Investor Expectations in Value Based Management

Investor Expectations in Value Based Management PDF

Author: Magdalena Mikołajek-Gocejna

Publisher: Springer

Published: 2014-06-27

Total Pages: 220

ISBN-13: 3319068474

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Understanding the process of shaping investor expectations is essential to describe and predict changes in the value of assets on the financial markets, especially stock prices on the capital markets and thus the value of companies listed on them. The main objective of this book is to include the investor expectations in the concept of enterprise value management and measurement of shareholders value creation. It seems that the role of expectations, as a determinant of investment decisions on the capital market, requires a deep insight and highlight the importance of managing the expectations for creating value for shareholders, in particular in the context of the financial crisis of 2007-2009. Creating value for shareholders is to overcome investor expectations for the rate of return on their initial investment. That means that managers must understand how investors build their expectations. According to studies conducted by T. Copeland and A. Dolgoff'a there is a strong and statistically significant relation between the shareholders returns and the two types of variables: changes in expectations for the future earnings and changes in the level of interference of provided information. Almost 50% of the variance of return rates can be explained by these two variables. Studies have also shown that changes in expectations for long-term profits have a significant and immediate impact on the share price. Readers of this book will be able to understand the process of investor expectation formulation, will know how to create value in response to investor expectations and how to consciously shape investor expectations in order to increase company value.

New Metrics for Value-Based Management

New Metrics for Value-Based Management PDF

Author: Annette Holler

Publisher: Springer Science & Business Media

Published: 2009-11-07

Total Pages: 217

ISBN-13: 3834984000

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Annette Holler introduces two new depreciation-adjusted value metrics. Furthermore, a case study illustrates the depreciation-related bias. A regression analysis adds to previous evidence on associations of value creation with stock returns and firm values.

ValuFocus Investing

ValuFocus Investing PDF

Author: Rawley Thomas

Publisher: John Wiley & Sons

Published: 2012-11-26

Total Pages: 283

ISBN-13: 1118283244

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A must-read book for investors who prefer to pick stocks based on cash flow facts, not on media hype and fiction How to Pick a Stock is written for the contrarian investor who wants an investing method that is based on cash flow facts, not on media hype and speculative impulse. This book combines an accessible presentation of a contrarian investment model and the ValuFocus tool that offers a highly studious, detailed explanation of understanding a company's true intrinsic value. If you can calculate a company's intrinsic value on the basis of knowing if the market is currently under, fairly, or over pricing its stock, then it is possible to invest wisely in the stock market. Investors who want to buy undervalued stocks, or sell (short) overvalued ones will find this book immensely useful. The ValuFocus investing tool calculates the intrinsic value of every company in their database automatically. Thus, an individual investor can become an "A" student of a modeling process, or can go right ahead in using this tool to pick stocks and manage their own portfolio. Additionally, this book helps to develop an enhanced framework to fundamental equity valuation. Contains the ValuFocus tool for calculating the intrinsic value of every company in the LCRT Nucleus database Offers specific and innovative valuation techniques of practicing professionals for individuals to use in picking stocks long-term Highlights the most state-of-the-art approaches to unconventional stock-picking for investors and corporate finance professionals Offering encouragement to individual investors by outlining a model that delivers satisfying returns, How to Pick a Stock is especially useful for those who are patient and believe in longer-term investing horizons.

Pygmalion in Management

Pygmalion in Management PDF

Author: J. Sterling Livingston

Publisher: Harvard Business Review Press

Published: 2009-04-24

Total Pages: 72

ISBN-13: 163369156X

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Numerous studies show that people will rise, or fall, to the level where their superiors believe them capable. As a manager, it is up to you to have high expectations for your employees, and to communicate those expectations to them. In Pygmalion in Management, J. Sterling Livingston urges you to understand the power you have over your subordinates' success, and use it to benefit everyone involved. Since 1922, Harvard Business Review has been a leading source of breakthrough ideas in management practice. The Harvard Business Review Classics series now offers you the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world.

Principle Based Investing: A Sensible Guide to Investment Success

Principle Based Investing: A Sensible Guide to Investment Success PDF

Author: Alan F. Skrainka

Publisher: First Edition Design Pub.

Published: 2014-06-19

Total Pages: 165

ISBN-13: 1622876040

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Principle Based Investing is the belief that principles must guide our long-term investment decisions and that predictions are useless, regardless of the source. Principles are the foundation of sensible investing. They are what allow us to ignore the day-to-day noise and emotional clatter that can jeopardize rational thinking and sound investment decision-making. In this sensible, well-reasoned book, Alan Skrainka draws on his many years as a successful investment manager to describe the process he has followed to help investors attain their specific objectives. These principles provide the guidance to enable investors to set a logical course, stay on course, and gain the advantages of a sound long-term investment program. Take these lessons to heart. They'll make your investment voyage easier and more successful. Clearly, the proof is in the principles.

Rainforest Tourism, Conservation and Management

Rainforest Tourism, Conservation and Management PDF

Author: Bruce Prideaux

Publisher: Routledge

Published: 2014-09-19

Total Pages: 343

ISBN-13: 1136201092

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Globally rainforests are under threat on numerous fronts, including clearing for agriculture, harvesting for timber and urban expansion. Yet they have a crucial role in biodiversity conservation, climate change mitigation and providing other ecosystem services. As the term is used in this book, rainforests include both temperate and tropical, although the emphasis is on tropical rainforests. Rainforests are also attractive tourist spaces and where they have been used as a tourism resource have generated significant income for local communities. However not all use of rainforests as a tourism resource has been sustainable. This book argues that sustainability must be the foundation on which tourism use of this complex but ultimately fragile ecosystem must be built upon. It provides a multi-disciplinary perspective, incorporating rainforest science, management and tourism issues. The book is organized into four sections commencing with Rainforest Ecology and Management followed by People and Rainforests, Opportunities for Rainforest Tourism Development and finally Threats to Rainforests. Each major rainforest region is covered, including the Amazon, Central America, Africa, Australia and south-east Asia, in the context of a specific issue. For example rainforests in Papua New Guinea are examined in the context of community-based ecotourism development, while the rainforests in Borneo are discussed in an examination of wildlife issues. Other issues covered in this manner include governance, empowerment issues for rainforest peoples and climate change.

Technology, Management and Business

Technology, Management and Business PDF

Author: Rajnish Kumar Misra

Publisher: Emerald Group Publishing

Published: 2023-06-27

Total Pages: 217

ISBN-13: 1804555185

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Advanced Series in Management: Volume 31 offers cutting-edge research from an international range of academics, who engage with the potential opportunities and challenges of digitization in the workplace.

Executive MBA (EMBA) - City of London College of Economics - 10 months - 100% online / self-paced

Executive MBA (EMBA) - City of London College of Economics - 10 months - 100% online / self-paced PDF

Author: City of London College of Economics

Publisher: City of London College of Economics

Published:

Total Pages: 7766

ISBN-13:

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Overview An EMBA (or Master of Business Administration in General Management) is a degree that will prepare you for management positions. Content - Strategy - Organisational Behaviour - Operations Management - Negotiations - Marketing - Leadership - Financial Accounting - Economics - Decision Models - Data Analysis - Corporate Finance Duration 10 months Assessment The assessment will take place on the basis of one assignment at the end of the course. Tell us when youfeel ready to take the exam and we’ll send you the assign- ment questions. Study material The study material will be provided in separate files by email / download link.