{"product_id":"equity-value-enhancement-9781118871003","title":"Equity Value Enhancement","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eA detailed look at risk identification and value creation in private equity investment\u003c\/b\u003e \u003cp\u003e\u003ci\u003eEquity Value Enhancement (EVE): Governance, Risk, Relationships \u0026amp; Knowledge (GRRK)\u003c\/i\u003e provides the information and tools practitioners and business owners need to work with the multitude of intangibles (GRRK) in equity investment decisions. The author engages readers with an insightful and brief claim: \u003ci\u003eValues are more than numbers\u003c\/i\u003e. He then provides support for just how important human capital is to the value creation paradox. He doesn''t stop there because ideas without definitive actions don''t promote transformation. He further challenges the reader with: \u003ci\u003eIf you don''t think outside of the box, you''re doomed to live in the box\u003c\/i\u003e.\u003c\/p\u003e \u003cp\u003eA user-friendly manual chock full of vignettes, suggestions and pithy commentary EVE is a must read for owners, officers, boards and advisors to derive understanding of business value drivers. This book teaches the reader how to conduct mo\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eForeword xv\u003c\/p\u003e \u003cp\u003ePreface xix\u003c\/p\u003e \u003cp\u003eAcknowledgments xxxi\u003c\/p\u003e \u003cp\u003eAbout the Author xxxiii\u003c\/p\u003e \u003cp\u003eAuthor’s Vision and Challenge xxxvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Value ABCs 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCapital and Risk 4\u003c\/p\u003e \u003cp\u003eUnderstanding Assets 5\u003c\/p\u003e \u003cp\u003ePlugging the Gap 7\u003c\/p\u003e \u003cp\u003eNotes 8\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Focus on Trusted Advisors 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Path to Being the Best 16\u003c\/p\u003e \u003cp\u003eQuestion Yourself 18\u003c\/p\u003e \u003cp\u003eTaking It to the Next Level 19\u003c\/p\u003e \u003cp\u003eNotes 22\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Focus on Business Owners 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Role of Advisors 27\u003c\/p\u003e \u003cp\u003eThe Cost of Bad Advice 28\u003c\/p\u003e \u003cp\u003eThe Value of Leveraged Knowledge 29\u003c\/p\u003e \u003cp\u003eEngaging the Best 31\u003c\/p\u003e \u003cp\u003ePractical Vetting Suggestions 32\u003c\/p\u003e \u003cp\u003eSize and Scope Considerations 33\u003c\/p\u003e \u003cp\u003eSetting Expectations 34\u003c\/p\u003e \u003cp\u003eNote 44\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Risk in the Eye of the Beholder 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInexperienced Business Appraiser Lenses 47\u003c\/p\u003e \u003cp\u003eCPA Lenses 48\u003c\/p\u003e \u003cp\u003eAttorney Lenses 51\u003c\/p\u003e \u003cp\u003eInvestment Banker\/Business Broker\/Business Intermediary Lenses 52\u003c\/p\u003e \u003cp\u003eCommercial Banker Lenses 54\u003c\/p\u003e \u003cp\u003eInsurance Professional Lenses 55\u003c\/p\u003e \u003cp\u003eWealth Manager\/Financial Advisor\/ Fiduciary\/Trust Officer Lenses 55\u003c\/p\u003e \u003cp\u003eResearch on Risk and Returns 59\u003c\/p\u003e \u003cp\u003eEconomist Lenses 60\u003c\/p\u003e \u003cp\u003eMBA\/PhD\/CFA Lenses 61\u003c\/p\u003e \u003cp\u003eOwner\/Family Lenses 63\u003c\/p\u003e \u003cp\u003eFamily Business Advisor Lenses 70\u003c\/p\u003e \u003cp\u003eStaff\/Vendor Lenses 71\u003c\/p\u003e \u003cp\u003eClient Lenses 75\u003c\/p\u003e \u003cp\u003eNotes 80\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Role of Governance 81\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGovernance 83\u003c\/p\u003e \u003cp\u003eFocus on Culture 84\u003c\/p\u003e \u003cp\u003eAbout Boards, Governance, and Strategy 85\u003c\/p\u003e \u003cp\u003eHealthy Board Governance and Strategy Creates Value 87\u003c\/p\u003e \u003cp\u003eStrategy and Equity Value 90\u003c\/p\u003e \u003cp\u003eFamily Harmony and Legacy as a Governance Driver 93\u003c\/p\u003e \u003cp\u003eBoard Strategic Direction and Accountability 94\u003c\/p\u003e \u003cp\u003eBoard Structure and Member Traits 95\u003c\/p\u003e \u003cp\u003eGovernance and Risk Management 97\u003c\/p\u003e \u003cp\u003eQualitative Value Measures 98\u003c\/p\u003e \u003cp\u003eTaking Control 99\u003c\/p\u003e \u003cp\u003eThe Secret Sauce 101\u003c\/p\u003e \u003cp\u003eGovernance Measurements 104\u003c\/p\u003e \u003cp\u003eGovernance Takeaways 106\u003c\/p\u003e \u003cp\u003eNotes 106\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 The Role of Relationships 107\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eClient Relationships 112\u003c\/p\u003e \u003cp\u003eAdvisor Relationships 114\u003c\/p\u003e \u003cp\u003eCommercial Bankers 116\u003c\/p\u003e \u003cp\u003eInvestment Bankers 116\u003c\/p\u003e \u003cp\u003eInsurance Agents 118\u003c\/p\u003e \u003cp\u003eWealth Advisors 120\u003c\/p\u003e \u003cp\u003eBoard of Directors 121\u003c\/p\u003e \u003cp\u003eThe Bottom Line on “Free” Advisors 122\u003c\/p\u003e \u003cp\u003eAccountants 122\u003c\/p\u003e \u003cp\u003eAttorneys 126\u003c\/p\u003e \u003cp\u003eFractional CFO 127\u003c\/p\u003e \u003cp\u003eFamily Relationships 128\u003c\/p\u003e \u003cp\u003eShareholder Relationships 129\u003c\/p\u003e \u003cp\u003eVendor Relationships 129\u003c\/p\u003e \u003cp\u003eCommunity\/Legislative\/Philanthropic Relationships 130\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 The Role of Risk: Financial- and Legal-Oriented Risk 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCommonly Missed Risks 137\u003c\/p\u003e \u003cp\u003eFinal Thoughts 172\u003c\/p\u003e \u003cp\u003eNotes 174\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 The Role of Risk: Operational-Related Risks 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 The Role of Knowledge 241\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Matter of Culture 244\u003c\/p\u003e \u003cp\u003eHealthy Knowledge 247\u003c\/p\u003e \u003cp\u003eBe Transparent 248\u003c\/p\u003e \u003cp\u003eEncourage Two-Way Communication 249\u003c\/p\u003e \u003cp\u003eKnowledge and Human Capital 249\u003c\/p\u003e \u003cp\u003eKnowledge Measures 252\u003c\/p\u003e \u003cp\u003eNotes 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Valuation versus Value Creation (GRRK) 255\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSoftware and Rules of Thumb 258\u003c\/p\u003e \u003cp\u003eA Personal Aside 260\u003c\/p\u003e \u003cp\u003eCollaboration, Cohesion, and Transformation 261\u003c\/p\u003e \u003cp\u003eNotes 262\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Putting It All Together—Four Vignettes 263\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eVignette One: What the 2009 Financial Crisis Can Teach Us (It’s about Relationships) 265\u003c\/p\u003e \u003cp\u003eVignette Two: The Trees-and-Forest Syndrome 272\u003c\/p\u003e \u003cp\u003eVignette Three: The Path Not Taken 275\u003c\/p\u003e \u003cp\u003eVignette Four: Putting It All Together (Strategy, Human Capital and Finance) 284\u003c\/p\u003e \u003cp\u003eRecommended Reading 313\u003c\/p\u003e \u003cp\u003eIndex 317\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49406938186071,"sku":"9781118871003","price":58.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781118871003.jpg?v=1730497621","url":"https:\/\/bookcurl.com\/products\/equity-value-enhancement-9781118871003","provider":"Book Curl","version":"1.0","type":"link"}