{"product_id":"creating-value-in-a-regulated-world-isbn-9780470013533","title":"Creating Value in a Regulated World","description":"This book is about championing a move away from simply evaluating physical assets to understanding and evaluating the intangible value of an entity. It means moving beyond economic theory to reprioritise and change the organisation so that further value can be created via processes, systems, measures, skills, knowledge and strategy. It is also about mapping the intangible value chain.  \u003cp\u003eThe book looks at value networks and, using real-life projects asks questions such as:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eWhat do company value networks look like\u003c\/li\u003e \u003cli\u003eHow are they used to create value\u003c\/li\u003e \u003cli\u003eHow can one ‘value’ the value chain\u003c\/li\u003e \u003cli\u003eWhat lessons can be learnt from companies with high value networks as opposed to companies with low value networks\u003c\/li\u003e \u003cli\u003eWhat is the impact on finance disciplines, processes, measures, systems and skills.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThese answers to these questions as provided by the case studies and interviews with CFOs from the companies involved will help to improve focus, improve shareholder value, improve transparency – both internally and externally – cut waste in the current decision support structure and prevent inadequate decision making and lost opportunity.\u003c\/p\u003e  \u003cb\u003e1. Today’s Challenges, Tomorrow’s AspirationToday’s Aspirations.\u003c\/b\u003e  \u003cp\u003eRiding the two-headed monster.\u003c\/p\u003e \u003cp\u003eGetting “back in the saddle”.\u003c\/p\u003e \u003cp\u003eCoping with governance and reporting.\u003c\/p\u003e \u003cp\u003eCreating value and growth.\u003c\/p\u003e \u003cp\u003eShaping the new agenda.\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2. Reshaping Finance.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCentralization: where to draw the line?\u003c\/p\u003e \u003cp\u003eThe quest for standardization.\u003c\/p\u003e \u003cp\u003eThe new fi nancial management model.\u003c\/p\u003e \u003cp\u003eProcess optimization and reporting.\u003c\/p\u003e \u003cp\u003eStreamlining corporate structure.\u003c\/p\u003e \u003cp\u003eLessons from private equity.\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3. Making Change Happen.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChange, in a hurry.\u003c\/p\u003e \u003cp\u003eChampions of change.\u003c\/p\u003e \u003cp\u003eTransforming the public sector.\u003c\/p\u003e \u003cp\u003ePulling all change levers.\u003c\/p\u003e \u003cp\u003eFrom CFO to COO.\u003c\/p\u003e \u003cp\u003eTalent for the future.\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4. Releasing Intangible Value.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExecution not valuation.\u003c\/p\u003e \u003cp\u003eThe goodwill dilemma.\u003c\/p\u003e \u003cp\u003eValue centers.\u003c\/p\u003e \u003cp\u003eManaging intellectual property.\u003c\/p\u003e \u003cp\u003eSelecting valuation techniques.\u003c\/p\u003e \u003cp\u003eBrands: the missing half of the balance sheet!\u003c\/p\u003e \u003cp\u003eTreating customers as assets.\u003c\/p\u003e \u003cp\u003eValue tiering.\u003c\/p\u003e \u003cp\u003eMoving from back offi ce to the front.\u003c\/p\u003e \u003cp\u003eStructural and human capital.\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5. Driving Growth and Innovation.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSustainable advantage.\u003c\/p\u003e \u003cp\u003eDecision support takes center stage.\u003c\/p\u003e \u003cp\u003eNew ways of working.\u003c\/p\u003e \u003cp\u003eIn-market innovation.\u003c\/p\u003e \u003cp\u003eFrom the outside, in.\u003c\/p\u003e \u003cp\u003eInnovation centers: a “win–win”.\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6. Looking Forward, Not Backward.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExpect the unexpected.\u003c\/p\u003e \u003cp\u003eClosing the strategy gap in pharmaceuticals.\u003c\/p\u003e \u003cp\u003eOptimizing value through integration.\u003c\/p\u003e \u003cp\u003eRolling forecasts.\u003c\/p\u003e \u003cp\u003eMonitoring reality.\u003c\/p\u003e \u003cp\u003eConnecting the dots through systems.\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7. Innovative Business Partnering.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinance of the future.\u003c\/p\u003e \u003cp\u003eWorking in partnership.\u003c\/p\u003e \u003cp\u003eEffective investment in brands.\u003c\/p\u003e \u003cp\u003eDecision making under uncertainty.\u003c\/p\u003e \u003cp\u003eFinance and innovation.\u003c\/p\u003e \u003cp\u003eDynamic performance management.\u003c\/p\u003e \u003cp\u003eThe finance academy.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8. Promoting Global Connectivity.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBuilding global partnerships.\u003c\/p\u003e \u003cp\u003eIntegrating shared services by region.\u003c\/p\u003e \u003cp\u003eCreating a worldwide center.\u003c\/p\u003e \u003cp\u003eSeamless support: near-shore or off-shore?\u003c\/p\u003e \u003cp\u003eConnectivity through technology.\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9. Leveraging Risk and Regulation.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe misery of regulation.\u003c\/p\u003e \u003cp\u003eLeveraging Sarbanes-Oxley.\u003c\/p\u003e \u003cp\u003eMultiple listings, multiple standards.\u003c\/p\u003e \u003cp\u003eImplementation overload.\u003c\/p\u003e \u003cp\u003eThe case for dual accounting.\u003c\/p\u003e \u003cp\u003eEnterprise-wide risk management.\u003c\/p\u003e \u003cp\u003eThe role of Chief Risk Offi cer (CRO).\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10. Becoming a Sustainable Corporation.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCase for corporate responsibility.\u003c\/p\u003e \u003cp\u003eInvestor perspective.\u003c\/p\u003e \u003cp\u003eEthics and value creation.\u003c\/p\u003e \u003cp\u003eA multi-stakeholder approach.\u003c\/p\u003e \u003cp\u003eBest practices: corporate reporting.\u003c\/p\u003e \u003cp\u003eTriple bottom line.\u003c\/p\u003e \u003cp\u003eReality check.\u003c\/p\u003e \u003cp\u003eBecoming the good corporation!\u003c\/p\u003e \u003cp\u003eStraight from the CFO.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex.\u003c\/b\u003e\u003c\/p\u003e \u003cb\u003eCedric Read\u003c\/b\u003e currently leads his own consultancy, CCR Partners Ltd, providing specialized consulting advice to CFOs in leading companies. CCR partners maintains a worldwide network of CFOs, known as the Value Network Initiative (VNI). VNI members meet regularly in \u003cst1:city w:st=\"on\"\u003eLondon\u003c\/st1:city\u003e, Frankfurt, and \u003cst1:state w:st=\"on\"\u003e\u003cst1:place w:st=\"on\"\u003eNew York\u003c\/st1:place\u003e\u003c\/st1:state\u003e to share best practice in the finance function.  \u003cp\u003e\u003c\/p\u003e Cedric Read served as a senior partner and consultant for PricewaterhouseCoopers (PwC) for 25 years. In his position as Global Leader of PwC’s Financial Management Consultancy, he wrote two books, \u003ci\u003eCFO: Architect of the Corporation’s Future\u003c\/i\u003e and \u003ci\u003eeCFO: Sustaining Value in the New Corporation\u003c\/i\u003e.  \u003cp\u003e\u003c\/p\u003e Subsequently, with SAP AG, Cedric wrote the book \u003ci\u003eThe CFO as Business Integrator,\u003c\/i\u003e and \u003ci\u003eHigh Performance through Finance Business Process Outsourcing\u003c\/i\u003e.   \"My agenda for the future:  \u003cul\u003e \u003cli\u003eBeating the competition on a sustainable basis, beating shareholder performance expectations\u003c\/li\u003e \u003cli\u003eLooking at the broader risk picture, from the sheer weight of regulation to the best possible growth environment\u003c\/li\u003e \u003cli\u003eContinuing to take out cost, looking again at outsourcing and opportunities for off-shoring.\"\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e—Nick Rose, CFO, Diageo\u003c\/p\u003e \u003cp\u003eAt a time when business horizons are broadening, regulatory pressures threaten to seriously impede – or even stifle – corporate growth. This raises some fundamental questions: How can CFOs simultaneously grow and innovate while effectively managing the regulatory pressures they face?  How can they pursue the tremendous opportunities for expansion currently on the horizon while keeping a handle on complexity? \u003c\/p\u003e \u003cp\u003eA timely strategic guide to the rapidly changing world of CFOs and their finance functions, this book explores the opportunities for:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eLeveraging the benefits of risk and regulation\u003c\/li\u003e \u003cli\u003eBalancing centralized control with frontline creativity\u003c\/li\u003e \u003cli\u003eManaging the value of intangibles – customers, brands, R\u0026amp;D\u003c\/li\u003e \u003cli\u003eForging new support disciplines for decision making and global services\u003c\/li\u003e \u003cli\u003eDeveloping finance capabilities and skills for innovative business partnering\u003c\/li\u003e \u003cli\u003eRaising the bar for standards of corporate behavior, responsibility, and sustainability\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eCreating Value in a Regulated World\u003c\/i\u003e is built around richly informative interviews with senior finance executives at more than 40 of the world's best-run companies, from GE and Proctor \u0026amp; Gamble in North America to Diageo and BP in Europe. Through their detailed descriptions of strategies and best practice, you’ll gain firsthand insight into how global leaders are responding to the biggest, most challenging issues on the finance agenda.\u003c\/p\u003e  \"There is life beyond regulation! CFOs have to encourage their organizations not only to work within regulatory frameworks, but also to think 'out-of-the-box', towards a positive and beneficial outcome.\"\u003cbr\u003e —Santiago Fernandez-Valbuena, CFO, Telefonica  \u003cp\u003e\"The benefits of our SOX 404 project: a single control function and simplified, standardized business processes. The SOX 302 attestation process has clarified responsibility—accountability no longer rests with committees but with individuals.\"\u003cbr\u003e —Iain Macdonald, Group Controller, BP\u003c\/p\u003e \u003cp\u003e\"Innovation is particularly important in an industry where less than 1% of ideas are ultimately successful. We constantly measure the performance of our R\u0026amp;D investment, rigorously applying value-based management techniques.\"\u003cbr\u003e —Dr Kurt Bock, CFO, BASF\u003c\/p\u003e \u003cp\u003e\"Innovative Business Partnering is at the very heart of the future role of finance, providing the capabilities and processes for maximizing value creation. Our Finance Academy helps embed best practices across the company, promote new initiatives, and share learning.\"\u003cbr\u003e —Paul Baumann, VP Finance Academy, Unilever\u003c\/p\u003e \u003cp\u003eTwo factors are reshaping the CFO’s role today. \u003ci\u003eVigorous expansion:\u003c\/i\u003e Companies have survived the dot-com bust and weathered major reputation scandals. They are enjoying strong profits, investing heavily in innovation, and looking outward to vibrant new markets like India and China. On the other hand, \u003ci\u003eRegulatory burdens\u003c\/i\u003e have increased exponentially, both internationally and in-country. The intensity of these two converging forces is unprecedented. \u003c\/p\u003e \u003cp\u003eEach chapter of \u003ci\u003eCreating Value in a Regulated World\u003c\/i\u003e contains interviews with leading CFOs. The author provides an invaluable guide to how top companies are coping with this dilemma through case studies, action plans, and executive insight.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989002076389,"sku":"NP9780470013533","price":82.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470013533.jpg?v=1761782386","url":"https:\/\/k12savings.com\/products\/creating-value-in-a-regulated-world-isbn-9780470013533","provider":"K12savings","version":"1.0","type":"link"}