Thomas C. Wilson Knihy

This comprehensive reference is tailored for valuation and value management in banking and insurance. It outlines how finance and risk functions contribute to firm value, presenting a framework for CFOs and CROs to measure and influence this value. The book includes case studies that provide Heads of Strategy with actionable ideas for enhancing value, while addressing both "hard" and "soft" skills to empower CFOs and CROs in shaping strategy and operations. It tackles the complexities of financial services valuation, emphasizing the importance of risk and capital, and features business-specific "value trees" that highlight successful value enhancement initiatives. Unlike other resources, it specifically addresses the unique roles of risk and capital in financial sectors, offering concrete information that links management actions to value creation. Readers will learn to accurately measure value for effective management initiatives, apply a quantitative, risk-adjusted framework aligned with market valuations, and develop industry-specific value sets to inspire initiatives that boost firm value. Additionally, it explores the evolving roles of CFOs and CROs, equipping them with the guidance needed for better insights and decision-making in a rapidly changing financial landscape.

From valuation to integration, Harvard Business Review on Mergers and Acquisitions helps managers think through what such a strategic move would mean for their organizations. It includes articles from top experts such as Alfred Rappaport and Ronald Ashkenas and provides a whole-picture perspective on mergers and acquisitions - from choosing a compatible acquisition to establishing realistic valuations to executing successful integrations.