The stress test every business needs
Subtitle: a capital agenda for confidently facing digital disruption, difficult investors, recessions and geopolitical threats
By: Jeffrey R. Greene with Steve Krouskos, Julie Hood, Harsha Basnayake, William Casey [contributors]
Published: 2018
Language: eng
Number of pages: 264
ISBN-13: 9781119417941
Subjects: Leadership; Management; Strategic planning
Description: "Do better business, get better results The Stress Test Every Business Needs shows you how to optimize your business strategy to improve your results. Drawing from recent high-profile cases that illustrate the impact of common mistakes, this book brings the Stress Test methodology out of banking and applies it to businesses in any sector. If shareholder value is created through raising, investing, optimizing, and preserving capital, how can business leaders ensure stability and growth in an era of instability and stagnation? Stress Testing makes every business stronger; by taking a holistic view across your company's businesses, functions, and geographies, you become better equipped to make the tough decisions that draw the line between sinking, surviving, and thriving. Brexit is showing the world what happens when we insufficiently prepare for low probability/high impact events; Allergan proved that outperforming peers doesn't necessarily ward off activist shareholders; companies around the world prove every day that operating in multiple businesses doesn't always produce a synergistic effect. Missteps like these are preventable, predictable, and avoidable, and this book provides the framework to help you keep your company above the fray. Learn from recent management successes and failures Make your business stronger amidst heightened uncertainty and investor scrutiny Make smart trade-offs among competing investment opportunities Optimize resource allocation to maximize resilience Companies that formulate strategy and set operational priorities with a balanced investment agenda are best positioned to control their own destiny. Planning is only beneficial when it's effective, productive, and feasible, and structured toward meeting your company's specific goal. The Stress Test Every Business Needs provides a roadmap to better business through smart investment decisions"--
Notes: Includes bibliographical references and index.
Table of contents: title: How resilient is your capital agenda? / Jeffrey R. Greene; title: Do you understand the intrinsic value of your company, and how to manage it? / Daniel Burkly; title: Are you allocating capital across the enterprise to reduce C-suite stress? / Jeffrey R. Greene; title: Are your portfolio reviews timely, objective and thorough? / Jeffrey R. Greene and Jeff Wray; title: Do your acquisitions consistently pay off for shareholders? / Brian Salsberg; title: Are you planning and executing divestments for maximum value? / Paul Hammes and Subin Baral; title: Do your financing choices support flexibility and efficiency? K.C. Brechnitz; title: How well does your working capital management contribute to cash flow and earnings?/ Sven Braun and Steve Payne; title: Is tax planning a full partner in building resilience and driving value? / Bridget Walsh and Erica Lawee; title: Are strategy, finance and operations integrated for optimal value creation? / Sharath Sharma and Daniel Burkly; title: How can you get the most out of your advisors? / Giri Varadarajan and Aayush Tulsyan; title: Can your strategy thrive in a digital world? / Tony Qui and Glenn Engler; title: How can you pre-empt activist shareholders? / Shyam Gidumal; title: How should you restore a distressed company to health? / Andrew Wollaston and Donald Featherstone; title: Will your strategic goals ensure your company reaches its full potential? / William Achtmeyer and John Trustman.