Synopses & Reviews
How Can Your Company Crack The Value Code?
The authors of this book suggest an answer. Organizations thrive or fail based on how they design, invest in, and manage their entire portfolios of value for your company in the New Economy?
Cracking the Value Code lays out four easy-to-understand steps to help enterprise, manage your company as a portfolio of assets, and use information to measure and report all your assets.
What to do differently and how to do it is the focus of this book. The authors' mission is to help you see, invest in, manage, and measure all of what matters in the New Economy.
Review
"Many have observed that the New Economy is built on intangible assets. By providing both a conceptual framework and a host of instructive examples, Cracking the Value Code goes beyond this observation to help managers invest wisely in intangibles and derive value from those investments." Richard Schmalensee, Dean, MIT Sloan School of Management
Review
"Too often management books dismiss the 'old economy' in favor of the 'new,' thereby missing the essence of successful management optimally combining the new with the old, the bricks with the clicks. This book offers an outstanding blend of the new and the old to identify, manage and report corporate value." Baruch Lev, Philip Bardes Professor of Accounting and Finance, Director of the Research Project on Intangibles
Review
"Breaking a code has always been a favorite pastime of the intellectually curious and the intellectually endowed. Here we have that exercise applied to the most fundamental aspect of capitalism and our economy what makes the private sector tick and how to value it. Boulton, Libert and Samek have broken the code of the drivers of wealth production in the New Economy. Their insights and research begin to lay the invaluable foundation for a new accounting and disclosure system. This book will inform both those who want to know where accounting will be heading over the next decade, and those who want to see the patterns of wealth production emerging in companies that deploy soft assets more than hard ones." Steve M.H. Wallman, CEO, FOLIO; Senior Fellow, The Brookings Institute
Synopsis
Three partners at Arthur Anderson, a professional services corporation, present a manifesto on corporate strategy and value creation that challenges the very foundations of business.
About the Author
Richard E.S. Boulton, Barry D. Libert, and Steve M. Samek are partners at Arthur Andersen. Richard Boulton, Worldwide Managing Partner - Strategy and Planning, is responsible for the firm's global service offerings (assurance, tax consulting, and corporate finance), as well as the firm's Web-based knowledge businesses.
Barry D. Libert is an independent consultant, worldwide lecturer, and advisor to companies and institutional investors on enterprise value and relationships. Libert is a coauthor of Cracking the Value Code: How Successful Businesses Are Creating Wealth in the New Economy, the forerunner of this book. He has been featured in major publications including The Wall Street Journal, Newsweek, Barron's, The New York Times, and Industry Standard, and is a frequent guest on CNBC, CNN, Bloomberg TV, and Reuters TV. He is represented by the Leigh Bureau.
Steve Samek, Managing Partner of the firm's U.S. operations, is responsible for almost 40,000 professionals who serve more than 20,000 companies in all industries and sits on the firm's Board of Partners.
Table of Contents
Introduction What is Value?
Part I See What Matters
How Are Businesses Creating Value in the New Economy?
Businesses Are Their Assets All Their Assets
Businesses Create Value with Different
Business Models
Part II Invest in What Matters
Who is Creating Value with Physical Assets?
Who is Creating Value with Financial Assets?
Who is Creating Value with Employee and Supplier Assets?
Who is Creating Value with Customer Assets?
Who is Creating Value with Organization Assets?
Part III Manage What Matters
Putting It All Together
Design Your Business Model
Master Risk
Manage Your Asset Portfolio
Measure and Report All Your Assets
Epilogue Leave a Legacy of Value
Glossary
Sources & Suggested Reading
Index