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Steven R. Kursh - Minding the Corporate Checkbook: A Managers Guide to Executing Successful Business Investments

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Minding the Corporate Checkbook: A Managers Guide to Executing Successful Business Investments: summary, description and annotation

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Dr. Steven R. Kursh has written the definitive guide to making better business investment decisions to help your company grow value. Kurshs clear guidance and easy-to-use tools will help you to assess both the financial ROI and strategic value of any investmentpast, current, or future.

Kursh covers every stage of investment decision-making, from a clear-eyed review of your current approach to practical recommendations for improvement. Youll learn how to identify and use the most appropriate metrics and analysis techniques; estimate risk and incorporate it into your plans; manage and track investment portfolios; and much more.

Minding the Corporate Checkbook contains detailed checklists for action, sample business cases, and practical guidance for building effective Excel models.

Steven R. Kursh: author's other books


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What people are saying about Steve Kursh's
Minding the Corporate Checkbook

"I agree strongly with the author that Return on Investment (ROI) is not by itself a sufficient justification for most of today's business investments, particularly those that involve a large amount of 'gut-based' emotional decisions. This book provides a defensible, repeatable, and transferable decision-making process that will help the reader become more effective when spending his company's money."

Michael Hoch, Research Director, Aberdeen Group

"This book does a great job laying out the importance of considering more than just the pure 'ROI numbers' of an investment, and forces you to think about the implementation and follow-up needed. It should be read by anyone who has the opportunity or ability to change the way capital is invested."
Jim Connelly, Regional Vice President of Finance, Mariott International, Inc.

"Minding the Corporate Checkbook reaffirms the notion that business value is brought about by successful execution and continued supervision, and not solely determined by preliminary due diligence. The scope of this book is applicable to internal corporate endeavors, as well as a variety of other investments. After reading this book, I find myself applying these execution and post-investment management techniques to a variety of my venture capital deals, as well as better assessing new investment opportunities through more pragmatic exit strategy evaluations."

Rudolph J. Morando Jr., Associate, Rex Capital Advisors, LLC

"This is a very lucidly written book that provides a new qualitative framework for business decision-making. The primary contribution is to provide a decision-maker with a process that can be used to complement existing (and often abused) financial-number-driven analysis. The author has provided a very helpful and effective resource for practitionersboth managers and consultantsand people who are regularly inundated by numbers but may not have the time to put these numbers in the context of a particular capital decision-making process."

Dr. Atreya Chakraborty, Senior Consultant, The Brattle Group

"Through consulting, I have witnessed far too many failed investmentsand even worse, failing companies!that could have been avoided by applying the lessons contained in this book. Anyone can read this book and apply the tools his type of investment analysis."

Jack Mazur, Senior Financial Consultant, Parson Consulting

"Projects too often fail not because the financial calculations were wrong, but because the execution and subsequent management were not considered carefully enough. Steve Kursh's new book makes a unique contribution by providing a framework that helps us better deal with both the execution phase of a project and its ongoing management."

Lal C. Chugh, Ph.D., Professor of Finance, University of Massachusetts

In an increasingly competitive world it is quality of thinking that gives an - photo 1

In an increasingly competitive world, it is quality of thinking that gives an edgean idea that opens new doors, a technique that solves a problem, or an insight that simply helps make sense of it all.

We work with leading authors in the various arenas of business and finance to bring cutting-edge thinking and best learning practice to a global market.

It is our goal to create world-class print publications and electronic products that give readers knowledge and understanding which can then be applied, whether studying or at work.

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Minding the Corporate Checkbook

A Manager's Guide to Executing Successful Business Investments

Steven R. Kursh

Minding the Corporate Checkbook A Managers Guide to Executing Successful Business Investments - image 3

An Imprint of PEARSON EDUCATION
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Library of Congress Cataloging-in-Publication Data

A CIP catalog record for this book can be obtained from the Library of Congress

Editorial/Production Supervision: Will Mara
Cover Design Director: Jerry Votta
Cover Design: Talar Boorujy
Art Director: Gail Cocker-Bogusz
Manufacturing Manager: Alexis R. Heydt-Long
Acquisitions Editor: Jim Boyd
Marketing Manager: John Pierce

2004 Pearson Education, Inc.

Publishing as Financial Times Prentice Hall

Upper Saddle River, New Jersey 07458

Prentice Hall offers excellent discounts on this book when ordered in quantity for bulk purchases or special sales. For more information, please contact: U.S. Corporate and Government Sales, 1-800-382-3419, .

Company and product names mentioned herein are the trademarks or registered trademarks of their respective owners.

All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher.

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Financial Times Prentice Hall Books

For more information, please go to www.ft-ph.com

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