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Driving Your Company's Value: Strategic Benchmarking for Value
 
 
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Driving Your Company's Value: Strategic Benchmarking for Value [Hardcover]

Michael J. Mard (Author), Michael Dunne (Author), Edi Osborne (Author), James S. Rigby Jr. (Author)
4.7 out of 5 stars  See all reviews (3 customer reviews)

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Book Description

0471648558 978-0471648550 December 16, 2004 1
Driving Your Company's Value: Strategic Benchmarking for Value is a step-by-step book presenting a valuation-oriented methodology that helps companies maximize shareholder value. It offers clear, concise, and concrete methods for management to create and preserve value, complete with case study applications. In an easy-to-read format, it brings together the aspects of the Financial Accounting Standards Boards' new performance measurements, the balanced scorecard, and the new guidelines on fraud detection and Extensible Business Reporting Language (XBRL).
* Identifies the critical decisions that most effectuate growth and value.
* Covers the easy and reliable ways to monitor value of an entity.
* Demonstrates how management can apportion and allocate resources to achieve the highest value.

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Editorial Reviews

From the Back Cover

A Proven five-step process to maximizing shareholder value.

In Driving Your Company's Value: Strategic Benchmarking for Value, leading experts Michael Mard, Robert Dunne, Edi Osborne, and James Rigby, Jr., show senior executives how to maximize value by implementing the proven and highly effective five-step SBfV process.

Only when a business's strategy, systems, and people have been aligned can a business advance successfully. Driving Your Company's Value: Strategic Benchmarking for Value provides a practical and powerful way to ensure businesses get the full benefit from their investment in systems and people. In an easy-to-read format, CEOs, CFOs, general managers, and other senior managers will discover how to:

  • Improve strategic decision making
  • Provide greater management accountability
  • Require a more effective allocation of company resources
  • Improve capital management
  • Align performance measurement to critical success factors
  • Provide a common organizational language
  • Develop a corporate structure that understands how daily actions impact value
  • Provide the management team with a more effective and communicable strategic planning process

About the Author

Robert R. Dunne, Master of Science in Management and Strategic Studies, is President of KnowledgeLeaders, Inc., a not-for-profit organization serving to advance the development and management of intellectual capital. He served 26 years in the U.S. Navy and completed his military career as a captain (O-6). As a graduate school professor he taught senior, civilian, and military executives, from around the world, how to formulate, align, resource, and execute strategy. Mr. Dunne has facilitated the development and implementation of hundreds of strategy-aligned campaigns that have documented millions in revenue increases and cost savings. He is an internationally recognized speaker on strategy execution.

Michael J. Mard, CPA/ABV, ASA, is a Managing Director of The Financial Valuation Group (FVG) in Tampa, Florida. He was founding president of The Financial Consulting Group, a national association of professional service firms dedicated to excellence in valuation, litigation, and financial consulting. Mr. Mard has been a full-time business appraiser and expert witness for over 19 years. He is author of Valuation for Financial Reporting: Intangible Assets, Goodwill, and Impairment Analysis, SFAS 141 and 142, contributing author of Financial Valuation: Applications and Models and coauthor of Financial Valuation Workbook, all published by John Wiley & Sons, Inc. Mr. Mard has coauthored over 20 courses and published over 60 articles. He has been a presenter, speaker, and instructor more than 70 times.

Edi Osborne, CSPM, CPBA, is CEO of Mentor Plus in Pleasanton, California. Ms. Osborne is coauthor and primary facilitator/trainer of The Profit Equation(SM) seminar and Performance Measurement PLUS Skills and Systems Workshop offered in cooperation with the American Institute of Certified Public Accountants (AICPA). Ms. Osborne is also coauthor of the Strategic Performance Management credential program. As a nationally recognized public speaker, she has spoken at many conferences sponsored by the AICPA, state societies, and international associations. She has been published in Accounting Today and the Journal of Accountancy. She has conducted client and team advisory boards and team/client training programs as well as strategic planning processes for over 100 accounting firms. In addition to facilitating business development roundtables for business owners throughout the state of California, Ms. Osborne developed the Group Mentoring program at San Jose State University’s Center to Develop Women Entrepreneurs.

James S. Rigby, Jr., CPA/ABV, ASA, is a Managing Director of The Financial Valuation Group (FVG) and current President of the Financial Consulting Group. Mr. Rigby has over 25 years of professional experience. He has provided consulting services related to strategic planning, international expansions, mergers and acquisitions, and intellectual property; and expert testimony related to valuations. Mr. Rigby has served on various business valuation/litigation committees of the AICPA, American Society of Appraisers (ASA), and other professional associations. He is the coauthor of multiple continuing education courses and articles published in a variety of professional journals.


Product Details

  • Hardcover: 193 pages
  • Publisher: Wiley; 1 edition (December 16, 2004)
  • Language: English
  • ISBN-10: 0471648558
  • ISBN-13: 978-0471648550
  • Product Dimensions: 9.3 x 6.4 x 0.8 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #1,749,440 in Books (See Top 100 in Books)

 

Customer Reviews

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Average Customer Review
4.7 out of 5 stars (3 customer reviews)
 
 
 
 
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2 of 3 people found the following review helpful:
5.0 out of 5 stars A "ROSE", January 11, 2005
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This review is from: Driving Your Company's Value: Strategic Benchmarking for Value (Hardcover)
Finally! A readable book that brings the Harvard Balanced Scorecard and Economic Value Added to the private business owner. Only 193 pages, Driving Your Company's Value: Strategic Benchmarking for Value brings a specific and focused Five Step Process to making more money. The Process incorporates a Return on Strategic Effectiveness (ROSE) framework utilizing all tangible and intangible assets to fullest productivity. Implement this Process and your ROSE will be leading your P&L.
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4.0 out of 5 stars A very thorough primer for business strategy analysis, June 7, 2007
This review is from: Driving Your Company's Value: Strategic Benchmarking for Value (Hardcover)
The breadth of the book's approach is quite impressive, especially as it is contained in only 193 pp with notes etc. I am grateful for the writers defining out so much detail in their step-by-step approach. It really gives context to what is involved in the value drivers of the businenss. The market is screaming for tools to handle the areas of intangible value and leadership decision making still and while SBfV talks about it in theory they still are a voice in the wilderness saying we need some innovation in the near future. There is nothing in this book that a business owner cannot take immedialtely and put into practice. A good read; simple in delivery, very comprehensive in scope and well worth the time if you want to understand all the options there are to look at for determining value in the eneterprise. Well done.
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0 of 1 people found the following review helpful:
5.0 out of 5 stars Marvellous Book on Benchmarking, August 6, 2006
This review is from: Driving Your Company's Value: Strategic Benchmarking for Value (Hardcover)

This is a marvellous book on the valuation methodology for enabling companies to enhance and maximise shareholder value through the use of strategic benchmarking. The book is well written in simple/plain English that should make it easy to follow and understand by any reader.

The book presents critical insights into how companies can enhance shareholder value. It arms managers with tools that enable them to make decisions that facilitate growth and create value. This is achieved through clear and practical methodologies and tips that can be employed to maximise company value. Case studies reinforce the message and help the reader to understand how to practically implement the concepts highlighted in the book.

Among the concepts and methodologies that the reader can benefit from the book include the use of the balanced scorecard, performance measurement, and economic valuation and fraud prevention techniques.

The book is recommended to anyone who needs to learn about benchmarking.
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Inside This Book (learn more)
First Sentence:
To understand the current state of a company, management must look at both its qualitative and quantitative attributes. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
horizontal math, strategic benchmarking, driver dimension, paired comparison models, particular buyer group, influenced dimension, alignment map, alignment model, alignment perspectives, strategic effectiveness, value creation process, free cash flow, customer intimacy, historical financial statements, people infrastructure, operational art
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Mobley Matrix, California Partnership, Michael Porter, New York, Risk Management Association, Five Dimensions of Value, Chris Mobley, Chuck Kremer, Harvard Business Review, Push-Push-Pull Fulcrum, Value State, Competitive Strategy, Cost Efficiencies, Alignment Execution Exhibit, Competitive Edge, Competitive Forces Shape Strategy, Productivity Dimension, Ratio Formula Interpretation Net, Sheila Kessler
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