The CEO, Strategy, & Shareholder Value reveals the five major choices every leader faces, including performance objectives, participation choices, positioning choices, organizational choices, & risk management choices. This seminal book from a true thought leader, Peter Kontes, offers business managers an innovative, new look at how to most effectively deliver shareholder value.
Contents include:
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 & Strategy Valuation; The Financial Drivers of Economic Profit & Equity Value; The Strategic Drivers of Economic Profit & Equity Value.
Chapter Three - Choosing the Right Performance Objectives: Aspirations; Choosing Business Unit Objectives; Choosing Company Objectives; The Tyranny of Top-Down Targets.
Chapter Four - Making the Right Participation Choices: General Considerations; Assessing Participation Opportunities; Making Offering Choices; Making Geographic Market Choices; Making Customer Segment Choices; Corporate Center Participation Choices.
Chapter Five - Making the Right Positioning Choices: Positioning Choices & Competitive Advantage; Business Models; Closed Models - A Closer Look; Open Models - A Closer Look; Execution Capabilities; Corporate Positioning Choices.
Chapter Six - Making the Right Organizational Choices: The Institutional Imperative; Governance Practices; Executive Processes; Executive Capabilities.
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 Eight - Making It Work: Conditions Conducive to Success; Priorities for Change; The Prize.
Appendix 1 - Economic Profit Growth, Earnings Growth, and Total Shareholder Returns: The Data; The Analysis; Discussion of Results.
Appendix 2 - Economic Profit & Equity Value: Valuation Models.
Appendix 3 - Economic Profit & Equity Value.
Appendix 4 - Reorganizing the Corporate Center.
Appendix 5 - CEO Pay Practices: An Alternative.
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