The Stress Test Every Business Needs: A Capital Agenda for Confidently Facing Digital Disruption, Difficult Investors, Recessions and Geopolitical Threats

  • 3h 34m
  • Harsha Basnayake, Jeffrey R. Greene, Julie Hood, Steve Krouskos, William Casey
  • John Wiley & Sons (US)
  • 2018

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.

In this Book

  • How Resilient is your Capital Agenda?
  • Do you know the Intrinsic Value of your Company and How to Manage it?
  • Are you Allocating Capital Across the Enterprise to Reduce C-Suite Stress?
  • Are your Portfolio Reviews Timely, Objective, and Thorough?
  • Do your Acquisitions Consistently Pay Off for Shareholders?
  • Are you Planning and Executing Divestments for Maximum Value?
  • Do your Financing Choices Support Flexibility and Efficiency?
  • How Well does Working Capital Management Contribute to Cash Flow and Earnings?
  • Is Tax a Full Partner in Building Resilience and Driving Value?
  • Are Strategy, Finance, and Operations Integrated for Optimal Value Creation?
  • How can you get the Most Out of your Advisors?
  • Can your Strategy Thrive in a Digital World?
  • How can you Pre-Empt Activist Shareholders?
  • How should you Restore a Distressed Company to Health?
  • Will your Strategic Goals Ensure your Company Reaches its Full Potential?
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