Written by a recognized thought leader in the field, The CEO, Strategy, and Shareholder Value defines and then elaborates a new approach to strategic management, built on a foundation of five critical choices every CEO must make:
What are the right performance objectives for the company?
In which product-markets should the company invest or divest capital?
How should the company compete in its chosen product markets?
How can the company build an organization aligned with high performance?
How can the company protect itself against performance implosions?
How well or badly these five choices are made largely determines the long-term strategic and financial performance of the company. Maximizing company performance over time requires that a CEO be able to lead his or her company by making these choices consistently better than the competition. The CEO, Strategy, and Shareholder Value presents a powerful framework, with many company examples, to help executives understand how they can make these choices in the best possible way.--This text refers to the Hardcover edition.
"Peter Kontes presents a clear-eyed framework for making the top management decisions that have a large and lasting impact on company performance. If your schedule only allows you time to read a few books a year, this should be one of them."
—James E. (Jes) Staley, CEO, J.P. Morgan Investment Bank
"This is a first-class book that can make a difference in achieving results."
—Jim Kilts, former chairman and CEO, The Gillette Company
"Peter Kontes has written a masterful and eminently readable book that makes clear the real work of the CEO. He debunks much of the voodoo that surrounds trendy management and performance concepts. It's a must-read for all who are charged with leadership in these turbulent times."
—Arthur Martinez, former chairman and CEO, Sears, Roebuck and Company
"The marriage of theories on leadership, strategy, and finance is long overdue. In this book, Kontes brings these themes together around the principle that growing economic profit over time is, or should be, the common overriding objective of all three. He cogently argues and amply illustrates the pitfalls of conventional business practices across many areas, including target setting, competitive positioning, and capital management. Executives who take the time to read this book will come away with a wealth of ideas for changing these practices and significantly improving the performance of their companies."
—Stan Garstka, Deputy Dean and Professor in the Practice of Management, Yale School of Management
Leaders in companies and students of business will be very well-served by understanding what this book offers.
Peter Kontes has done a wonderful job developing the critical choices that senior management must make to drive long-term financial performance of a company.
The best way to describe this book would be to say that it is filled with concise ideas based on long experience.
This is a totally unnecessary book. Everything was already written in Value Imperative: Managing for Superior Shareholder Returns from the same author (plus coauthors). Read morePublished 8 months ago by Jackal
This wonderful book makes corporate strategy as simple as possible, but not simpler. I found it to be highly engaging, practical, and relevant. Read morePublished on December 11, 2010 by Gerry Hansell