Strategic Competitive Advantage and Shareholder Value

Measuring shareholder value from a financial perspective
The critical relevance for private and public companies
How strategic competitive advantage drives shareholder value
Understanding the primary drivers of profitability, competitive advantage, and reinvestment
Evaluating strategy from the shareholder perspective
Simplifying and communicating the value principles
Stock market response to strategic decision-making simulation

Establishing the Platform to Manage Value Creation

Managing for growth and total factor productivity “Economic Profit” as a performance measure and decision-making tool
Tradeoffs between operating and capital efficiencies
Understanding and correcting managerial misalignment
The importance of a holistic approach to value creation
Exercises

The Opportunity Cost of Capital

Capital Structure and Financing

Valuing Companies

Discounted cash flow valuation techniques
Choosing, defining, and constructing better multiples
Prioritising investment projects
Company value as the sum of stable performance and anticipated growth expectations
How financial markets value companies and react to the execution of stated strategies
Harvard Case Study

Value of Strategic Flexibility

Strategic Transactions

Financial Excellence for Senior Finance Professionals