Summary
Please refer to part A for the abstract
Teaching objectives
The immediate purpose of the series is to allow an informed discussion on the use and implementation of so-called Value Based Management, from a broader managerial rather than the typical financial perspective. The broader purpose is to illustrate how VBM can lead to Corporate Transformation and a sharpening of Leadership Practices in large firms.
Keywords
- Value based management
- Corporate transformation
- Leadership practices
- Managing for value
- Performance management process
- Performance contract
- Strategy development
- Strategy dialogue
- Economic profit
- Incentive compensation
