Author Piccirillo, Ettore
Title Guidebook For Supporting Decision Making Under Uncertainties : Today's Managers, Tomorrow's Business
Imprint Singapore : World Scientific Publishing Company, 2008
©2008
book jacket
Descript 1 online resource (160 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Note Intro -- CONTENTS -- Prologue -- Acknowledgements -- Chapter 1 Decision Under Uncertainty -- A Radical Change of Perspective -- The New Business Drivers -- Traditional Accounting Measures are Surpassed -- The constant strive for growth -- How to turn uncertainty into value -- How to quantify the value added by intangibles -- A New Approach to Value -- Reflection on Learnings -- Chapter 2 Critical Review of Accounting Performance Measures -- Residual Income Indicators -- The background of Residual Income Indicators (RII) -- Residual income indicators vs. traditional performance measures -- Discussion of NPV vs. IRR and ROI -- Return on equity (ROE) -- Dividends and EPS -- Three advanced residual income indicators -- Rappaport -- TBR (Total Business Return) -- Similarities and differences -- Shortcomings -- Time Issues -- Reinvestment rate -- Non-constant accumulation of project risk -- Time-varying discount rates -- Time-varying discount rate components -- Terminal value calculation -- Capital Scale Issues -- Implications -- Reflection on Learnings -- Chapter 3 Critical Review of Strategic Criteria -- Shortcomings of Existing Methodology -- Strategic Issues -- Impact on Residual Income Indicators -- Reflection on Learnings -- Chapter 4 A Way Forward: Quantitative Decision Making Measures -- The Enhanced NPV -- Uncertainty concept -- The model -- The Capital Scale Index -- Scale issues -- The model -- A simple application example -- TheOperatingValueAddedModel -- Lifetime of the project -- Real options -- An application example -- Reflection on Learnings -- Chapter 5 A Way Forward: Qualitative Decision Making Measures -- Project Value Chain -- Innovation/new technology -- Technical expertise -- Customer relations -- Supply chain development/relations -- Financial resources -- Profit sustainers -- Supply chain positioning -- Product differentiation
Superior risk management -- Lean/operational excellence -- Operational flexibility -- The Growth Matrix -- Questionnaire data processing -- RiskAnalysis -- Risk management -- Risk management methodology -- Strategic objectives -- Risk identification -- Risk quantification -- Risk mitigation -- Low severity, low expectancy -- High severity, low expectancy -- Low severity, high expectancy -- Low severity, low expectancy -- High severity, high expectancy -- Frequency induced corrective actions -- Risk index -- Reflection on Learnings -- Chapter 6 The Framework -- TheVision -- Residual Income Indicator -- Capital Scale Index -- Growth Matrix -- Risk Analysis -- Summary -- Reflection on Learnings -- Chapter 7 Implementing a Case Illustration -- Residual Income Indicator -- Growth Matrix -- Risk Analysis -- Reflection on Learnings -- Conclusions: A Way Forward -- Certainty and Uncertainty -- Influencing Factors -- Scope of the decision -- External conditioning -- How can we Help the Decision-Making Process? -- A Framework for Taking Decisions -- Appendix -- Effect of DiscountingModel -- Comparison of Different Residual Income Indicators on Value Creation -- Effect of Additional Flexibility (Real Options) onto the Plan Value -- Comparison of Different Residual Income Indicators on Terminal Value -- Effect of Initial Capital on Value Creation -- Comparison Between Profitability Index and Capital Scale Index -- References -- Index
Key Features:Provides deep, hands-on experience in decision making within the supply chain environment, coupled with leading-edge mathematical and business formulationsContains "action" paragraphs at the end of each chapter to help the reader understand exactly how to apply the principles described in the bookOffers an interesting mixture of new ideas and a review of existing valuation concepts, providing a good balance between academia and practice with different levels of reading
Description based on publisher supplied metadata and other sources
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Link Print version: Piccirillo, Ettore Guidebook For Supporting Decision Making Under Uncertainties: Today's Managers, Tomorrow's Business Singapore : World Scientific Publishing Company,c2008 9789812708038
Subject Decision making.;Business logistics -- Decision making.;Industrial efficiency -- Evaluation.;Risk management
Electronic books
Alt Author Noro, Massimo