The success of a company is ultimately measured by its ability to create value, and it is this underlying truth that is at the core of successful business management. Making the best and most effective business decisions requires understanding of what creates value and motivating the decision-makers to pursue the value goal. Economic Value Added (EVA) is a powerful, yet simple, tool to practically measure value creation and gauge the true economic performance of your company. EVA also underlies some of the most innovative executive compensation systems adopted by prominent companies to align their executives with the value objective.
The approach recasts the traditional conflict-prone corporate control paradigm constructively by decentralizing decision authority while holding decision-makers accountable for results. Replacing the “stick” with the “carrot” eases the burden of control, where the alignment of managers is both a crucial and attainable governance objective.
The workshop will provide a comprehensive understanding of how Value-Based Management transforms a company. The program will prepare you to implement an owner-driven approach to evaluate growth options, measure performance, allocate capital, hold managers accountable for the use of capital, ease burden of control, decentralize decision-making, and pay for value creation.
“This workshop is developed by Waseem Anwar.”