The Value Mindset: Returning to the First Principles of Capitalist Enterprise
by Erik Stern, Mike Hutchinson
Category: Business & Economics

A groundbreaking book on building long-term wealth forstakeholders As creator of the Wealth Added Index (WAI), Stern Stewart's ErikStern has become a beacon for creating shareholder value within thecurrent storm of corporate malfeasance and poor performance. TheValue Mindset shows readers how to develop this way of thinking byblending individual manager incentives with the proper corporatestructure and the willingness to pursue value discipline over thelong term. Filled with practical concepts that have provedthemselves in the real world, this book shows readers how they cantransform a company into an organization that can deliver value andreturns to its shareholders. The Value Mindset helps readersdevelop this mindset-as well as implement it-by detailing themetrics that are necessary for any manager to measure and monitorvalue creation within the firm. Erik Stern (London, UK) is a Senior Vice President at Stern Stewart& Co., based in London. He has designed and implementedprograms for companies in several industries in the United Statesand Europe. Mike Hutchinson (London, UK) is a Vice President atStern Stewart & Co., based in London. He worked previously forthe BBC and the Consumers' Association.