Economic Value Added For Competitive Advantage

Author : Saurabh Sri
Publisher : Cambridge Scholars Publishing
Page : 176 pages
File Size : 50,6 Mb
Release : 2019-01-15
Category : Business & Economics
ISBN : 9781527525887

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Economic Value Added for Competitive Advantage by Saurabh Sri Pdf

Economic Value Added (EVA®) has been a much discussed concept that has assisted in the turnaround of a number of multinational enterprises across the world. It is based upon the theory of ‘economic profit’ that enables companies to capture and create wealth both for themselves and their stakeholders. The strategic decisions of performance and posturing can be grounded upon gaining competitive advantage through mapping economic profits. Existing studies on competitive advantage primarily discuss the meaning, definitions, and sources thereof. However, there are few contributions that discuss how competitive advantage can be measured specifically with respect to Indian companies. This book bridges that gap and advocates that the EVA® can be used to measure and establish the competitive advantage for Indian firms. It is based upon an in-depth study of such companies to explore the extent of use of EVA® in the top BT500 companies in India. It shows that the companies that use EVA® have a distinct competitive advantage over their competitors.

Author : Rui Vinhas da Silva
Publisher : Routledge
Page : 410 pages
File Size : 55,7 Mb
Release : 2016-05-23
Category : Business & Economics
ISBN : 9781317162858

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Competitiveness in the Real Economy by Rui Vinhas da Silva Pdf

Value aggregation to goods and services is unbelievably important to the balance of trade of modern nations, yet it receives minute attention by economists and policy-makers alike. In Competitiveness in the Real Economy, Rui Vinhas da Silva shows that the nature and dynamics of contemporary global competition requires a sharper focus on value aggregation. He provides a rounded, integrative and multi-disciplinary perspective linking national competitiveness, economics and management. The emphasis is on a transversal philosophy of value aggregation as a key driver of national competitiveness across sectors in the real economy and from production to the consumption of goods and services. The links between exports, inflows of foreign direct investment (FDI) and country competitiveness are examined along with the role of exports and the attraction of FDI inflows in building national GDP. The author emphasises that culture, the notion of being cosmopolitan and understanding aspirational and discriminatory consumers with high disposable income are key drivers of success in the global economy. Acknowledging that the complexity of problems comes from diversity of global actors, the author highlights the limitations of current economics in responding to contemporary challenges. His concern about the management sciences and management learning is that solutions do not lie in the formulation and prescription of universal laws, but are contextually-laden and derive from an informed intuition that is partly taught and partly experiential. The book addresses the implications of all this for how the management skills needed for competitive advantage might best be developed.

Author : Paolo Ricci,Patrick O'Sullivan,Floriana Fusco
Publisher : Taylor & Francis
Page : 58 pages
File Size : 46,5 Mb
Release : 2023-06-20
Category : Business & Economics
ISBN : 9781000946864

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The Meaning of Shared Value by Paolo Ricci,Patrick O'Sullivan,Floriana Fusco Pdf

The concept of Creating Shared Value (CSV) – creating 'economic' value in a way that also creates value for the whole of society – has risen in prominence as a corporate policy and a strategy in recent years, mainly for third sector or development organisations. However, while it has received considerable interest among business leaders and practitioners, it has also sparked a bitter debate among academics, proponents and sceptics of the idea. Starting from this argument, the book develops a meta-critical examination of the hidden presuppositions of both supporters and critics of Creating Shared Value, particular in relation to the concept of value. It is argued that there are not two separate types of value, i.e. an economic value and a social value, but only a unique one: which essentially means the creation of well-being. If anything, the distinction that is drawn relates to the value capture (how the value created is distributed among different staekholders) and not to value creation (additions to potential well-being) since the notion of value itself is univocal. Behind the debate are two implicit opposed viewpoints on the philosophy of history: an antagonistic (pessimistic) and a cooperative (optimistic) view. The authors are thus led to a discussion of which of the two visions appears to be the most rational in today's world. The book is addressed to readers with an interest in the core concept of value, primarily in economics, strategic management, and philosophy.

Author : Anonim
Publisher : Unknown
Page : 325 pages
File Size : 51,6 Mb
Release : 2020-08-18
Category : Electronic
ISBN : 1949373940

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Strategic Management (color) by Anonim Pdf

Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.

Author : James L. Grant
Publisher : John Wiley & Sons
Page : 339 pages
File Size : 47,7 Mb
Release : 2003-05-13
Category : Business & Economics
ISBN : 9780471471813

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Foundations of Economic Value Added by James L. Grant Pdf

An updated look at the role of economic profit analysis in the process of wealth creation Grant explains the pivotal role of economic value added (EVA) in the theory of finance, how to measure EVA with standard accounting adjustments, how to use EVA to value companies and their stock, and how to use economic profit principles to identify wealth-creating firms, industries, and even market economies.

Author : Jay B. Barney,Delwyn N. Clark
Publisher : OUP Oxford
Page : 328 pages
File Size : 45,7 Mb
Release : 2007-04-26
Category : Business & Economics
ISBN : 9780191535123

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Resource-Based Theory by Jay B. Barney,Delwyn N. Clark Pdf

The 'Resource-Based View of the Firm' has emerged over the last fifteen years as one of the dominant perspectives used in strategic management. It addresses the fundamental research question of strategic management: Why it is that some firms persistently outperform others? Resource-Based Theory provides a considered overview of this theory, including the latest developments, from one of the key thinkers in its development. In broad terms it offers an alternative to Michael Porter's approach, focusing more on the competences and capabilities of the firm, rather than its positioning in its chosen markets. Jay B. Barney has long been recognised as one of the leading contributor to the resource-based theory literature. In this book he has collaborated with Delwyn N. Clark to produce the first book to examine the theory in a holistic and in-depth manner. The authors explore not only the applications of the theory in research, teaching, and practice, but also its early roots in traditional economic theory, development and proliferation in the 1990s, and later influence on management thinking.

Author : Eric Gardner Moore
Publisher : Unknown
Page : 254 pages
File Size : 44,8 Mb
Release : 1999
Category : Consumer satisfaction
ISBN : UOM:39015043233249

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Identifying the Contribution of Financial and Non-financial Measures in Value Creation by Eric Gardner Moore Pdf

Author : Marta Peris-Ortiz,José Álvarez-García,Carlos Rueda-Armengot
Publisher : Springer
Page : 312 pages
File Size : 50,7 Mb
Release : 2015-06-26
Category : Business & Economics
ISBN : 9783319172514

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Achieving Competitive Advantage through Quality Management by Marta Peris-Ortiz,José Álvarez-García,Carlos Rueda-Armengot Pdf

This book examines the ways in which quality management methods, tools, and practices help improve an organization’s performance and achieve sustainable competitive advantages. This volume includes quality techniques and tools such as the EFQM Model, SERVPERF model, E-S-Qual scale and the ISO 9001 certification and provide a wide variety of empirical studies in different economic sectors. In the current economic environment, characterized by economic turmoil and fierce competition, quality management has become a key strategy for organizations to overcome today’s challenges. Organizations benefits from implementing quality management systems by following two approaches. First, they implement quality practices aimed at ensuring customer satisfaction by considering consumer expectations and establishing strategies accordingly. Second, organizations improve processes by establishing efficient and effective process management systems that improve productivity, lower costs, reduce unnecessary expenses, eliminate all non-value added activities, and ultimately maximize excellence and customer satisfaction. Quality management thereby provides tools, techniques, and methods for continuous process improvement in both the professional and academic worlds, which, when implemented by organizations in times of crisis, enable more effective administration of activities undertaken by managers. Containing contributions from various academics and scholars, this new book provides cutting edge research, methods and techniques providing a reference manual for academics, scholars, practitioners and policy-makers.

Author : Robert Fitzgerald
Publisher : Psychology Press
Page : 128 pages
File Size : 40,8 Mb
Release : 1994
Category : Business & Economics
ISBN : 0714645923

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The Competitive Advantages of Far Eastern Business by Robert Fitzgerald Pdf

This volume discusses the causes of economic achievement in the leading East Asian countries in relation to the Porter thesis which links economic success with the capabilities of indigenous industrial clusters.

Author : Aleksandar Marković,Slađana Barjaktarović Rakočević
Publisher : FON
Page : 1795 pages
File Size : 46,8 Mb
Release : 2014-06-05
Category : Business & Economics
ISBN : 9788676802951

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Proceedings of the XIV INTERNATIONAL SYMPOSIUM SYMORG 2014 by Aleksandar Marković,Slađana Barjaktarović Rakočević Pdf

Author : Frank J. Fabozzi,James L. Grant
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 44,8 Mb
Release : 2000-06-15
Category : Business & Economics
ISBN : 1883249767

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Value-Based Metrics by Frank J. Fabozzi,James L. Grant Pdf

Investors, shareholders, and corporate leaders looking for an edge in today's New Economy are moving beyond traditional accounting yardsticks toward new means of gauging performance and profitability. An increasing number of Wall Street analysts and corporate boards are adopting value-based metrics such as EVA, MVA, and CFROI as a measure of a firm's profitability because these standards adjust for all of the firm's cost of capital - equity as well as debt. James Grant tackled the issue of economic value added in its infancy with Foundations of Economic Value Added - one of the first primers on the topic, endorsed by its creator, G. Bennett Stewart. Now, in Value Based Metrics: Foundations and Practice, he and Frank Fabozzi head a team of some of the leading proponents of value based metrics on both the investment management side and the corporate side. This comprehensive reference outlines how corporations and analysts can use value based metrics to more accurately measure the financial performance of individual companies, industries, and economies, as well as how to get an edge in today's turbulent market.

Author : Benoit Chevalier-Roignant,Lenos Trigeorgis
Publisher : MIT Press
Page : 517 pages
File Size : 51,9 Mb
Release : 2014-08-29
Category : Business & Economics
ISBN : 9780262526715

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Competitive Strategy by Benoit Chevalier-Roignant,Lenos Trigeorgis Pdf

A new paradigm for balancing flexibility and commitment in management strategy through the amalgamation of real options and game theory. Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior, or they can take a “wait and see” approach to avoid adverse market consequences tomorrow. In Competitive Strategy, Benoît Chevalier-Roignant and Lenos Trigeorgis describe an emerging paradigm that can quantify and balance commitment and flexibility, “option games,” by which the decision-making approaches of real options and game theory can be combined. The authors first discuss prerequisite concepts and tools from basic game theory, industrial organization, and real options analysis, and then present the new approach in discrete time and later in continuous time. Their presentation of continuous-time option games is the first systematic coverage of the topic and fills a significant gap in the existing literature. Competitive Strategy provides a rigorous yet pragmatic and intuitive approach to strategy formulation. It synthesizes research in the areas of strategy, economics, and finance in a way that is accessible to readers not necessarily expert in the various fields involved.

Author : J. Jerry Kaufman
Publisher : Unknown
Page : 104 pages
File Size : 55,6 Mb
Release : 2001
Category : Industrial management
ISBN : 0852975945

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Value Management by J. Jerry Kaufman Pdf

The adoption of value statements is a highly popular trend among leading businesses. This assessible text explains how to identify core values for your business that are realistic and that can easily be applied on the ground. Furthermore, the book examines the application of FAST (Function Analysis System Technique) as a means of achieving total ......

Author : Angelo Dringoli
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 46,9 Mb
Release : 2009
Category : Creative ability in business
ISBN : 1848443293

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Creating Value Through Innovation by Angelo Dringoli Pdf

In open and dynamic markets, only innovation can give a firm a competitive advantage and with it the superior cash flows that generate value. Using analytical models, this timely book analyses the conditions under which innovation strategy can create and maintain value, based on different environmental dynamics. Quantitative models are used to determine the value of innovation strategies in highly dynamic and competitive industries. These clearly reveal the economic variables and relations upon which the strategy depends, and the conditions for creating sustainable value within the firm.

Author : Sathit Parniangtong
Publisher : Springer
Page : 330 pages
File Size : 49,6 Mb
Release : 2017-06-05
Category : Business & Economics
ISBN : 9789811044427

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Competitive Advantage of Customer Centricity by Sathit Parniangtong Pdf

This book presents strategies that put the customer at the center of an enterprise. It elaborates on the reasons for viewing customers as assets that a firm needs to acquire, develop and cultivate in order to generate profitable relationships, and champions customer profitability as the metric for measuring business performance. Further, it advocates the need to provide solutions to customers’ requirements with bundles of products and services. It broadens the definition of customer value beyond tangible benefits and price to include both tangible and intangible benefits and total ownership costs, while embracing a variety of unique customer needs. The book highlights the value of business planning, marketing and sales mechanisms and changing employee behavior to create lifelong, high-value profitable customer relationships that satisfy the customer’s needs. Competitive Advantage of Customer Centricity maps a new journey that entire organizations must undertake in order to achieve these lucrative goals.