Value Based Management is often thought of from strictly a financial perspective. In this Case Study series about a VBM initiative at Cadbury Schweppes, the authors show that managing for value is 80% about people and only 20% about numbers.
The series traces the origins of the initiative starting in 1996 and follows its progression through to 2002, showing the benefits, limitations, time frames, and … [ Read more ]
Content: Case Study | Authors: Fares Boulos, Marjolein Bloemhof, Philippe Haspeslagh, Regine Slagmulder, Tomo Nodo | Source: INSEAD | Subjects: Finance, Organizational Behavior | Industry: Food Products/Service | Company: Cadbury Schweppes
Value-based management (VBM) – it sounds straightforward, but VBM works only if you understand that it’s more about cultural change than financial change. However, many companies expect too much from VBM too soon, and they give up on it too early. Professors Philippe Haspeslagh, Tomo Noda and Fares Boulos highlight the approaches to successful VBM implementation.
Content: Article | Authors: Fares Boulos, Philippe Haspeslagh, Tomo Noda | Source: INSEAD Knowledge | Subjects: Best Practices, Management
What to do when your share price flounders? The tool of choice for many companies is a value-based management (VBM) program tying an economic profit metric to compensation. The problem: Results have been mediocre.
Content: Article | Authors: Fares Boulos, Philippe Haspeslagh, Tomo Noda | Source: Harvard Business School (HBS) Working Knowledge | Subject: Management