价值为基础的管理资料教材.pptVIP

Value Based Management Hewitt Associates August 2001 Creating Shareholder Value is Gaining Importance Due to a Variety of Factors What is Value Based Management ? A consistent framework that aligns management action and strategic objectives with shareholder value creation The primary goal of value based management is to build a corporate mindset in which management decision making and execution are focused on the creation of shareholder value HR Alignment Facilitates the Success of VBM Implementation Empirical Results Show a Link Between Organizational Implementation and Value Creation Linking HR to VBM An HR Perspective on Value Management What is Value in the Business Context? Competing Perspectives: Bridging the Gap Measurement of Value Measurement of value is not a neutral act - it is a choice which signifies management’s priorities and dictates the organization’s view of itself Selecting a performance measure aligned with enhancement of value influences not only that measure but also all those measures not selected Measurement of Value Drivers of Shareholder Value Managing Shareholder Value Dimensions of Value Shareholder Value Enhancement Imperatives Identification of value centers within the organization Evaluation of strategic alternatives (harvesting, divesting, acquisitions, market entry, etc.) based on value creation Integration of management systems (strategic planning, budgeting, resource allocation and performance measurement) based on value creation Implementation of MIS to facilitate operational decision making, periodic reporting and monitoring of value creation Rewards aligned with “value based” performance Generic Value Driver Tree Translating Value into Management Systems Linking Organizational Systems to Value Drivers has Multi-point Linkages  An Aligned Organizational Strategy will have an Impact on Business Value Drivers Critical Questions that Link Management Systems to VBM Critical Quest