Financial Darwinism
Subtitle: create value or self-destruct in a world of risk
By: Leo M. Tilman.
Publisher: Wiley
Published: 2009
Place of publication: Hoboken, N.J
Language: eng
Number of pages: 172
ISBN-13: 9780470385463
Subjects: Financial services industry; Risk; Value
Description: "The world of modern finance presents a landscape of significant uncertainty, but also of rapid innovation and opportunity. Once-comfortable financial businesses face increased competition and lower profit margins. Time-tested investment and business strategies are being threatened by disruptive technologies and globalization. "Once-in-a-lifetime" financial crises seem to be occurring with an alarming regularity. More than ever before, success rests on the ability to make sense of the profound changes, link up seemingly unrelated phenomena, and understand the global forces at play. In Financial Darwinism, author Leo Tilman analyzes the tectonic financial shift that has taken place over the past quarter century and then comprehensively explores the challenges facing financial institutions - as well as the entire universe of their potential responses." "Financial Darwinism explores why and how financial firms must continuously evolve amidst genuine complexity and uncertainty in order to survive and remain competitive. It analyzes the strategic, investment, regulatory, and public policy implications of a "future that has already happened" and identifies actionable ways of putting new ideas into practice in a risk-focused manner." "Financial Darwinism - a blend of business strategy, corporate finance, investment analysis, and risk management - gives financial executives and investors a menu of broad choices on how to create economic value. In the process, a new kind of strategic vision, the breadth of global perspective, and command of advanced financial tools are shown to be essential ingredients of success."--Jacket.
Notes: Includes bibliographical references and index.