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Home > Business and Economics Books > Business and Management > Office and workplace > Minding the Corporate Checkbook: A Manager's Guide to Executing Successful Business Investments
Minding the Corporate Checkbook: A Manager's Guide to Executing Successful Business Investments

Minding the Corporate Checkbook: A Manager's Guide to Executing Successful Business Investments


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About the Book

Dr. Steven R. Kursh has written the definitive guide to making better business investment decisions to help your company grow value. Kursh's clear guidance and easy-to-use tools will help you to assess both the financial ROI and strategic value of any investment—past, current, or future.   Kursh covers every stage of investment decision-making, from a clear-eyed review of your current approach to practical recommendations for improvement. You'll learn how to identify and use the most appropriate metrics and analysis techniques; estimate risk and incorporate it into your plans; manage and track investment portfolios; and much more.   Minding the Corporate Checkbook contains detailed checklists for action, sample business cases, and practical guidance for building effective Excel models.

Table of Contents:
Preface. 1. Investing Successfully for Your Future. The Challenge We Face. Return on Investment and Finance Metrics Are Not Enough. The Paradox. Visions and Strategies, Finance Metrics, and the Execution Gap. The Execution Gap. The Business Investment Roadmap. A Note of Caution. Who Should Read This Book. What Follows. 2. Growing Value with the Business Investment Roadmap. Using the Business Investment Roadmap. Preliminary Analysis. Assessment of Business Impact. Risk Analysis. Execution Analysis. Ongoing Management. Will the Business Investment Roadmap Guarantee Success? 3. Preliminary Analysis. Summary. Following the Roadmap. Introducing Fresh Breeze Corporation. Preliminary Analysis of an Investment: Would You Like That Super-Sized? Preliminary Analysis Results. 4. Business Impact Analysis. Silver Bullets and Golden Nuggets. Cash Flow: The Critical Value Driver. Grow Revenue. Operational Levers. Determining the Best Bang for the Buck. Summary. Following the Roadmap. 5. Risk Analysis. What Is Risk? Four Ways to Evaluate Risks. Creating a Risk Profile. Risk Mitigation Plans. Summary. Following the Roadmap. 6. Execution Analysis. Determining the Who, What, When, Where, Why, and How. Determining Capital Intensity. The Impact of an Investment on Customers. What Is a Customer Worth? Summary. Following the Roadmap. 7. Ongoing Management. Cross-Country Road Trip. Monitor Progress Using Time, Cost, and Performance Metrics. Earned Value Analysis: Measuring Performance and Taking Action. Killing Investments: Be Prepared to Stop. Summary. Following the Roadmap. 8. Now Is the Time. The Business Investment Roadmap. Preliminary Analysis. Business Impact. Risk Analysis. Execution. Ongoing Management. Building the Bridge Between Strategy and Finance. Appendix: Accounting and Finance:. Income Statement. Balance Sheet. Statement of Cash Flows. Financial Ratios and Other Ways to Spot Trends. Summary. Bibliography. Index.

About the Author :
About the Authors Steven R. Kursh, Ph.D., Executive Professor at Northeastern University'sCollege of Business Administration, is author of a wide range ofarticles, software products, and business cases relating to software,finance, and the Internet. His consulting clients include IBM, AT&T, Sun,Freddie Mac, and Citibank. Kursh develops and teaches graduate schooland professional development courses in financial strategy, valuation,and telecommunications. He has received several awards for teachingexcellence. Before joining Northeastern, he founded and served for eightyears as president of Blackacre Financial Software, Inc., growing thecompany to market leadership prior to its acquisition by a Fortune 200company. He has received grants from the GE Foundation, the KauffmanFoundation, and the U.S. Departments of Energy and HUD. Kursh holds aPh.D. from the University of Pennsylvania and an A.B. (Scholar of theCollege) from Boston College. James Donovan teaches accounting at Quincy College and is a consultantin financial modeling, business strategy, life sciences, and valuation.He has worked for Brattle Group and numerous technology and businessfirms, including Venture Development Corporation and a New England-basedprivate equity firm. Donovan holds an M.B.A. (summa cum laude) fromNortheastern University and a B.A. from Middlebury College (cum laude)in molecular biology and biochemistry.


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Product Details
  • ISBN-13: 9780132703543
  • Publisher: Pearson Education (US)
  • Publisher Imprint: Addison Wesley
  • Language: English
  • ISBN-10: 0132703548
  • Publisher Date: 19 Mar 2004
  • Binding: Digital download
  • Sub Title: A Manager's Guide to Executing Successful Business Investments


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