Do Managers Capture the Value They Create? Drivers of Managers' Value Capture in a Large Retail Chain

Download Do Managers Capture the Value They Create? Drivers of Managers' Value Capture in a Large Retail Chain PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Do Managers Capture the Value They Create? Drivers of Managers' Value Capture in a Large Retail Chain by : Federica De Stefano

Download or read book Do Managers Capture the Value They Create? Drivers of Managers' Value Capture in a Large Retail Chain written by Federica De Stefano and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the relationship between value creation and value capture among frontline managers. Using longitudinal data from a restaurant chain, we find that those managers who persistently create more value for the firm capture just 0.5% of that extra value through their pay. We explore the reasons for this limited managerial value capture using an abductive approach. We find some evidence that value capture may be limited by lack of alternative employment opportunities. More extensive evidence suggests that the employer often struggled to identify individual contributions to value creation, limiting managerial rewards. We discuss the theoretical implications of such limited managerial value capture for the strategic human capital literature.Frontline managers can differ in how much they contribute to firm profitability. Do those managers who contribute the most to firm performance also capture those benefits back through higher pay? In a study of restaurant managers, we find that managers differ substantially in the profits that they create, but that the most profitable managers only capture 0.5% of the extra profits they create. We also find evidence that the firm often fails to identify which managers are the most persistently profitable, potentially reducing the rewards paid to those managers. By demonstrating that differences in performance are not balanced by differences in pay, we show how highperforming managers can be an important strategic resource for organizations.

Cognitive Aids in Strategy

Download Cognitive Aids in Strategy PDF Online Free

Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1837973180
Total Pages : 191 pages
Book Rating : 4.8/5 (379 download)

DOWNLOAD NOW!


Book Synopsis Cognitive Aids in Strategy by : Kristian J. Sund

Download or read book Cognitive Aids in Strategy written by Kristian J. Sund and published by Emerald Group Publishing. This book was released on 2023-10-30 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cognitive Aids in Strategy brings together contributions by twelve strategy scholars, reflecting on a range of cognitive aids and their theoretical foundations, focusing attention on the importance of cognitive aids in strategy, and inspiring further research.

Managing Value Capture

Download Managing Value Capture PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3834962465
Total Pages : 242 pages
Book Rating : 4.8/5 (349 download)

DOWNLOAD NOW!


Book Synopsis Managing Value Capture by : Timo Fischer

Download or read book Managing Value Capture written by Timo Fischer and published by Springer Science & Business Media. This book was released on 2011-08-26 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: How some firms manage to capture more value than others is a question central to practitioners and researchers alike. In this context, Timo Fischer conducts three empirical studies.

Value Drivers

Download Value Drivers PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 276 pages
Book Rating : 4.4/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Value Drivers by : Mark C. Scott

Download or read book Value Drivers written by Mark C. Scott and published by . This book was released on 1998-02-02 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mark C. Scott value drivers How does my company actually work? How do I become a better manager? How can I fit these pieces together to get ahead? The Manager's Guide to Driving Corporate Value Creation These questions are answered in this book. Mark Scott has created an easy-to-understand visual framework and the practical tools that will enhance any manager's performance. He teaches you how to recognize what your own organization does well and what it does badly. The tools provided will help you make crucial improvements in your own area of responsibility within your organization. "In a decade where most management books wax lyrical on consulting fads for the boardroom, it focuses on the solid, unglamorous but essential ground of helping managers and employees diagnose performance and take action for themselves." Martin Sorrell, Chief Executive Officer, WPP Group PLC "Effective strategy is something that is lived everyday by managers at the coal face through a continual process of analysis, learning, refinement and application. This book is a useful primer for time-pressed managers who want to know how to add value to their companies' strategies." Professor John Quelch, Dean, London Business School "Our business is founded on smart, independent thinking professionals helping clients solve complex problems. Any book that can give people better tools to understand these problems is useful. Unlike many I read, this is a useful book." Terence M. Graunke, Chairman, Lighthouse Holdings Inc

The Blue Line Imperative

Download The Blue Line Imperative PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118510887
Total Pages : 320 pages
Book Rating : 4.1/5 (185 download)

DOWNLOAD NOW!


Book Synopsis The Blue Line Imperative by : Kevin Kaiser

Download or read book The Blue Line Imperative written by Kevin Kaiser and published by John Wiley & Sons. This book was released on 2013-09-03 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: A groundbreaking guide to making profitable business decisions Do you wonder why your value initiatives aren't providing the payoff you'd hoped for? Could it be because you've been thinking about value all wrong? According to the authors of this groundbreaking guide, there's a very good chance that you have. Using examples from leading companies worldwide, they explain why every decision a company makes either creates value or detracts from it, and why, if they hope to survive and thrive in today's increasingly competitive global marketplace, company leaders must make value-creation the centrepiece of every business decision. Authors Kaiser and Young have dubbed this approach "Blue-Line Management," (BLM), and in this entertaining, highly accessible book, they delineate BLM principles and practices and show you how to implement them in your company. Explains why the failure to properly define and assess value often makes it difficult for the people who manage businesses to effect long-term success Offers guidelines for making the satisfaction of customer needs and wants—i.e. value creation—the driver of all business activities The authors are respected academics at INSEAD, the world's largest and most respected graduate business school, with campuses in Europe, Asia and the Middle East

Value Driven Management

Download Value Driven Management PDF Online Free

Author :
Publisher :
ISBN 13 : 9780814425558
Total Pages : 248 pages
Book Rating : 4.4/5 (255 download)

DOWNLOAD NOW!


Book Synopsis Value Driven Management by : Randolph Pohlman

Download or read book Value Driven Management written by Randolph Pohlman and published by . This book was released on 2000 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Value Driven Management explains how to do just that. Starting with the premise that what people value drives their actions, the book introduces eight "value drivers": external cultural values, internal cultural values, employee values, supplier values, customer values, third-party values, competitor values, and owner values. Only by integrating these value drivers into an organization's leadership, management, and decision-making processes can an organization achieve and maintain success."--Jacket.

Rethinking Performance Measurement

Download Rethinking Performance Measurement PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 1139436074
Total Pages : 218 pages
Book Rating : 4.1/5 (394 download)

DOWNLOAD NOW!


Book Synopsis Rethinking Performance Measurement by : Marshall W. Meyer

Download or read book Rethinking Performance Measurement written by Marshall W. Meyer and published by Cambridge University Press. This book was released on 2003-01-09 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance measurement remains a vexing problem for business firms and other kinds of organisations. This book explains why: the performance we want to measure (long-term cash flows, long-term viability) and the performance we can measure (current cash flows, customer satisfaction, etc.) are not the same. The 'balanced scorecard', which has been widely adopted by US firms, does not solve these underlying problems of performance measurement and may exacerbate them because it provides no guidance on how to combine dissimilar measures into an overall appraisal of performance. A measurement technique called activity-based profitability analysis (ABPA) is suggested as a partial solution, especially to the problem of combining dissimilar measures. ABPA estimates the revenue consequences of each activity performed for the customer, allowing firms to compare revenues with costs for these activities and hence to discriminate between activities that are ultimately profitable and those that are not.

Value Capture in Disintegrated Value Chains

Download Value Capture in Disintegrated Value Chains PDF Online Free

Author :
Publisher : Springer Gabler
ISBN 13 : 9783658113674
Total Pages : 0 pages
Book Rating : 4.1/5 (136 download)

DOWNLOAD NOW!


Book Synopsis Value Capture in Disintegrated Value Chains by : Alexander Hoffmann

Download or read book Value Capture in Disintegrated Value Chains written by Alexander Hoffmann and published by Springer Gabler. This book was released on 2015-11-24 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using cooperative game theory, this book shows how bargaining structure affects the distribution of value among the constituent firms of the value chain. Results show that positions in the bargaining structure most conducive to value capture are those where large complementarity gains are realized and split, ideally, among a small number of negotiators. Further, leveraging case studies from the aviation and home appliance industries the author suggests that the bargaining structure can be shaped through by architecture of the value chain and, in turn, through the architecture of the product, and the action of powerful firms to optimize value capture.

The American Retail Value Proposition

Download The American Retail Value Proposition PDF Online Free

Author :
Publisher : University of Toronto Press
ISBN 13 : 144263717X
Total Pages : 233 pages
Book Rating : 4.4/5 (426 download)

DOWNLOAD NOW!


Book Synopsis The American Retail Value Proposition by : Kyle B. Murray

Download or read book The American Retail Value Proposition written by Kyle B. Murray and published by University of Toronto Press. This book was released on 2016-01-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American economy is profoundly dependent on the success of its retailers and the strength of its consumer spending. Yet, how do leading retailers create value for their customers? To a large extent this has been accomplished by streamlining operations and a decades-long focus on cost cutting and price competitiveness. Today, retailers realize that they need to discover new ways to differentiate themselves and attract consumer spending. The American Retail Value Proposition provides the framework for building that differentiation and establishing a competitive advantage that goes beyond price discounting. This framework is based on more than a decade of research, including hundreds of hours of interviews with executives from the world's leading retailers, including Starbucks, Walmart, Apple, Amazon, and Lowe's. Whether you are an aspiring merchant or an industry veteran, this book's strategic framework will help you build a solid foundation for your business in today's ever-evolving retail marketplace.

Value Capture Theory

Download Value Capture Theory PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis Value Capture Theory by : Joshua S. Gans

Download or read book Value Capture Theory written by Joshua S. Gans and published by . This book was released on 2016 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides the first review of developments in the application of cooperative game theory to issues of interest to strategic management; what we term “value capture theory.” Value capture theory provides a broad approach to formal strategy theory aimed at under- standing persistent heterogeneity in firm performance, nesting competitive market pressures, resource constraints and internal organizational issues. Our review highlights the primary framework for value capture theory, the blindspots that it resolves that otherwise exists in existing theoretical approaches, the principal insights from the theory as well as a myriad of applications that have been developed in recent years using value capture theory.

Competing Through Value Management

Download Competing Through Value Management PDF Online Free

Author :
Publisher : Penguin Random House South Africa
ISBN 13 : 177022260X
Total Pages : 173 pages
Book Rating : 4.7/5 (72 download)

DOWNLOAD NOW!


Book Synopsis Competing Through Value Management by : Tony Manning

Download or read book Competing Through Value Management written by Tony Manning and published by Penguin Random House South Africa. This book was released on 2012-03-12 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value management’s time has come. In a world roiled by terrorism, economic meltdown, and corporate governance scandals, executives everywhere face the challenge of delivering new growth against the odds. Competing Through Value Management provides the guidance you need to get ahead of your competition and stay there. Based on a wealth of global research plus the real-world experience of a top consultant, it explains why profit has to be the No. 1 goal in this era of ‘triple bottom-line’ reporting, why many of today's hottest concepts are less helpful than they're made out to be, and why management is more important than measurement. Competing Through Value Management will help you shape your strategic conversation and inspire your team to produce winning results. With powerful tools like the ValuePlan, with numerous checklists and practical frameworks, and with an emphasis on 30-day actions, it offers the clear guidance that managers need right now. Tony Manning has been an independent consultant in strategy and change management since 1987. He was formerly chairman and CEO of the McCann-Erickson advertising agency in South Africa and head of marketing for the Coca-Cola Export Corporation in Southern and Central Africa, and served as chairman of the Institute of Directors of Southern Africa from 1999 to 2001. Tony works with large companies in many industries, specializing in corporate turnarounds and growth strategies, and acts as a counsellor to chief executives. He features as a keynote speaker at numerous major conferences, and is the author of eight management books, including the best-selling Making Sense of Strategy and Discovering the Essence of Leadership.

Creating Value

Download Creating Value PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 269 pages
Book Rating : 4.:/5 (113 download)

DOWNLOAD NOW!


Book Synopsis Creating Value by :

Download or read book Creating Value written by and published by . This book was released on 2002 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Achieving Results

Download Achieving Results PDF Online Free

Author :
Publisher : Thomas Telford
ISBN 13 : 9780727731845
Total Pages : 178 pages
Book Rating : 4.7/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Achieving Results by : Roy Woodhead

Download or read book Achieving Results written by Roy Woodhead and published by Thomas Telford. This book was released on 2002 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 Towards value leadership: Presents the case for value leadership by examining the advantage of rational thinking in decision-making. It discusses how systems develop in paradigms and perspectives. It also discusses how a global economic system is emerging, and how 'Old World' economies are being forced to change as customers and fund managers gain more power over the aims of organizations. Chapter 2 The context for value leadership: Provides an overview of how to develop a competitive advantage model in the context of the organization. It also provides an insight into the way decision-making processes can be articulated in terms of the people involved and the stages they work through. Chapter 3 Towards objective value in organizational decision-making: Looks at some of the practical issues a value leader must face. It discusses the need to have an organizational framework for value creation, and builds the case for a rethink of organizational design, so that it is more focused on results rather than on the supply-demand-production logic that lingers from the industrial age. Chapter 4 Structuring a value creation programme in an organization: Explores the relationship between value creation and a value creation template or blueprint. It provides a value-creation template that is based on a model commonly used by multinational companies to benchmark their projects' performances. Chapter 5 Towards technological advantage with value engineering: Considers value engineering alone as a key methodology for achieving technological value leadership from projects and organizations. If companies exist to do something that people value, then they should be capable of doing it. If they can perform the same functions better than their rivals, or offer more functions than their customers are paying for, they will have a competitive advantage. Therefore, any methodology that helps an organization to improve the way it provides value will be at the core of its strategic competitive advantage. This chapter explains how you can develop a methodology for your organization.

Essentials of Management Information Systems

Download Essentials of Management Information Systems PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 694 pages
Book Rating : 4.3/5 (555 download)

DOWNLOAD NOW!


Book Synopsis Essentials of Management Information Systems by : Kenneth C. Laudon

Download or read book Essentials of Management Information Systems written by Kenneth C. Laudon and published by . This book was released on 2005 with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text contains a wealth of pedagogical features to facilitate student comprehension, which aid in reviewing and reinforcing key concepts, as well as promoting problem-solving skills.

The Value Imperative

Download The Value Imperative PDF Online Free

Author :
Publisher :
ISBN 13 : 9780756776312
Total Pages : 0 pages
Book Rating : 4.7/5 (763 download)

DOWNLOAD NOW!


Book Synopsis The Value Imperative by : James M. Mctaggart

Download or read book The Value Imperative written by James M. Mctaggart and published by . This book was released on 2004-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Moving beyond the strategies that managers have employed to create shareholder value -- now the standard for business performance -- management experts James McTaggart, Peter Kontes, and Michael Mankins reveal their powerful new framework for the systematic, day-to-day management of shareholder value. The authors attack head-on the fundamental weaknesses in current management practices, namely, the stranglehold that budgeting has over strategic planning and the lack of imagination in management plans that prevents real changes and consequences. They provide a systematic approach to "value based management" that eliminates these weaknesses, offering proven strategies for managing large, complex companies to consistently produce superior results for stockholders. Building on more than 16 years of consulting experience with many of the largest and best-known companies in North America, Europe, and Australia, the authors delineate the fundamental principles of value creation, as well as the primary obstacles. Starting with the principle that "cash flows drive value," McTaggart, Kontes, and Mankins show how to create a single governing objective that will enable managers to make decisions most likely to increase the company's competitive, organizational, and financial strength. Building on the objective of maximizing shareholder value, they outline the value based management framework that directly links a company's strategies and organization to its value in capital markets. Using real-world examples, they describe how to develop business and corporate strategies that substantially improve competitive position and increase market value, often within only two to five years. And as most large companies lack the internal processes necessary to manage for value on a sustained basis, the authors show managers how to build the five key processes that are institutional value drivers: governance, strategic planning, resource allocation, performance management, and top management compensation. Mastering these capabilities is fundamental to the ongoing, consistent creation of shareholder value over time. All companies, the authors argue, inherently possess an enormous potential to create higher value for their shareholders. With hundreds of examples of companies that have successfully employed the beliefs, principles, and practices of value based management, this book shows general managers how to generate superior returns and realize their business's full value potential.

Becoming a Better Value Creator

Download Becoming a Better Value Creator PDF Online Free

Author :
Publisher : Jossey-Bass
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.4/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Becoming a Better Value Creator by : Anjan V. Thakor

Download or read book Becoming a Better Value Creator written by Anjan V. Thakor and published by Jossey-Bass. This book was released on 2000-08 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's companies don't need better managers. They need better value creators--individuals who understand not only the organizational process but the organizational dynamics that ensure continuing profits for a company and its shareholders. In this book, respected business educator Anjan Thakor presents managers with a pragmatic guide to creating value and boosting the success of their companies...while enhancing their own careers. Creating value is about more than making money in the short term. It's about incorporating the efforts of every employee into a business strategy that will support performance and profits over the long haul. It requires each member of a team to take ownership of the organizational assets he or she manages and translate organizational strategy into a personal plan of action. In separate chapters, Thakor gives individual managers of marketing, manufacturing, human resources, and finance specific guidelines for drafting that plan and overcoming the forces that can sabotage value. Using examples from all four of those business areas, as well as insights from leading value-creating companies, he presents five secrets that anyone can use to become a better value creator. The University of Michigan Business School Management Series is dedicated to providing managers with the practical tools they need to build their companies and their careers. Becoming a Better Value Creator tackles one of the biggest issues managers face today. By learning to recognize the factors critical to the ongoing success of their organizations, managers can go beyond maximizing short-term profits to serve the long-term interest of all the company's stakeholders while ensuring their own personal and professional fulfillment.

Michael Porter's Value Chain

Download Michael Porter's Value Chain PDF Online Free

Author :
Publisher : Management & Marketing
ISBN 13 : 9782806270061
Total Pages : 54 pages
Book Rating : 4.2/5 (7 download)

DOWNLOAD NOW!


Book Synopsis Michael Porter's Value Chain by : 50minutes

Download or read book Michael Porter's Value Chain written by 50minutes and published by Management & Marketing. This book was released on 2015-09-02 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand Michael Porter's value chain in no time! Find out everything you need to know about this valuable business tool with this practical and accessible guide. The Harvard Business School professor Michael E. Porter has dedicated much of his career to studying competitive advantage. One of his best-known concepts is the value chain, which is used to deliver a product or service to the market and has three key objectives: to improve services, to reduce costs and to create value. The model can be applied to virtually any business in any sector, making it a vital tool for companies looking to make the most of their competitive advantage in an increasingly crowded market. In 50 minutes you will be able to: -Identify the nine functions that generate value within a business -Analyse your company's activity to make the most of your competitive advantage -Find areas for improvement and take concrete steps to maximise performance ABOUT 50MINUTES.COM MANAGEMENT AND MARKETING The Management and Marketing series from the 50Minutes collection provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications will give you elements of theory, definitions of key terms and case studies in a clear and easily digestible format, making them the ideal starting point for readers looking to develop their skills and expertise.