Future-proof your business today for stronger performance tomorrow
The Stress Test Every Business Needs A Capital Agenda for Confidently
Facing Digital Disruption, Difficult Investors, Recessions and
Geopolitical Threats provides a comprehensive approach to creating
value and flexibility in an increasingly volatile business environment
that presents both great risks and opportunities every day. The authors
extend the banking "stress test" concept to a company's Capital Agenda
-- how executives manage capital, execute transactions and apply
corporate finance tools to strategic and operational decisions. Having a
static Capital Agenda, however appropriate for your current market
position, is not enough in today's uncertain world. Long-term success
comes from building resilience into each element and in the way those
elements interact.
The book uses a broader definition of business stress that includes
traditional macroeconomic and geopolitical risks, as well as
technological disruption, hostile takeovers and activist shareholders.
Companies that make poor strategic decisions or underperform
operationally will likely find themselves facing great stress. And that
stress is symmetric; threats come from downside risks and from missed
opportunities.
The chapters address the how and why of essential issues such as:
- Formulating corporate strategy in a digital world
- Pre-empting activist shareholders
- Restoring distressed companies to operational and financial health
- Ensuring effective collaboration among strategy, finance and
operations
- Getting the most out of your advisors
- Proactively managing intrinsic value
- Rigorously allocating capital across the enterprise
- Acquiring and divesting for optimum value
- Syncing financing decisions with business strategy and capital market
conditions
- Incorporating tax planning throughout the Capital Agenda
- Liberating excess cash with leading working capital management
practices
- Aligning strategic goals and metrics to reach your company's full
potential
Companies that develop strategy and set operational priorities with a
balanced Capital Agenda are best positioned to control their own
destiny. The Stress Test Every Business Needs provides a roadmap to
future-proof your business today for stronger performance tomorrow.
