Peter J. Clark and Stephen
Neill - The Value Mandate - Maximizing Shareholder Value Across the
Corporation
Peter
J. Clark and Stephen Neill are both partner at VBM Consulting, an international
Value Based Management firm.
Understanding Value
Based Management deals with creating value, managing for value and measuring
value, this book focuses on CREATING value and maximizing shareholder
value.
In the beginning of
the book, Neill and Clark define what they call the Value Opportunity Gap:
the difference between the current value of a company and the potential
value of a company, expressed either as an amount or as a percentage.
In the rest of the
maximizing shareholder value book they give insight in how the value
gap can (temporarily) be decreased. There are two interesting generic
chapters about how the gap can be closed:
- the role of the CEO,
- the role of key
people in the corporation.
Also they provide for
4 specific approaches to maximizing shareholder value from the viewpoint of several parts
of the organization:
1. Production &
Procurement,
2. Innovation &
Research,
3. Marketing & Sales,
4. Support &
Administration.
If you have an
interest in maximizing shareholder value or you want to analyze value creation
from one or more of the 4 organizational perspectives, this book is highly
recommended.
Also compare:
Kleiner Core Groups


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