Managing for Value: It’s Not Just About the Numbers
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
How To Put Value in VBM
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