Tuesday, January 11, 2011

Large-company management processes

Books of Account
Value: The four cornerstones of corporate finance
Tim Koller, Richard Dobbs, and Bill Huyett
( http://www.wiley.com/)

Creating value requires the right balance

Here is a simple test to find if a company has become too big and complex: It is not able to find a way to make granular decisions that maintain short-term performance while also generating long-term value. Thus prescribe Tim Koller, Richard Dobbs, and Bill Huyett of McKinsey & Company in ‘ Value: The four cornerstones of corporate finance'.

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