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Value Maps

Value Maps Valuation Tools That Unlock Business Wealth

Name: Value Maps
Brand: John Wiley & Sons
SKU: 9780470437568
Price: 1100.00 HKD
Availability: OutOfStock
Author: Warren D. Miller
ISBN: 9780470437568

By Warren D. Miller

John Wiley & Sons May 2010

Specifications

ISBN-13: 9780470437568
Publisher: John Wiley & Sons
Publication: May 2010
Format: Hardback , 408 pages
Jurisdiction: International or US ? Countri(es) for reference only

Details

Praise for VALUE MAPS

"Equivocator, Explorer, Experimenter, Exploiter, Extender—Chapter 12 might be well served as mandatory reading for all subject matter experts! SPARC is not a valuation, per se, but rather a separate consulting engagement that might interest a client—especially if that client is preparing for a sale or planning an exit strategy. Miller has taken the good ideas from five disciplines and married them with value enhancement, creating what could become a very good 'add-on' consulting engagement. NACVA recommends, and looks forward to, further dialogue related to this new approach. This book will open your eyes to new opportunities."
—Parnell Black, MBA, CPA, CVA, Chief Executive Officer, National Association of Certified Valuation Analysts (NACVA)

"No one illuminates the murky intersection where business strategy and private company value creation meet better than Warren Miller. Now he's focused his extensive professional training and real-world experience to produce this intellectually rich, yet down-to-earth and fun-to-read road map we can all use. Business owners and leaders, financial analysts, management consultants, wealth managers, CPAs, business brokers, private equity investors, business appraisers—no one should plan to increase the value of an enterprise without Value Maps in their passenger seat."
—David Foster, CEO, Business Valuation Resources

"Private-equity analysts do not often come across scholarly and technical professional reading laced with laugh-out-loud moments! Yet this is exactly what one finds in Value Maps. Warren Miller's advice stems from his career as a finance executive, a CPA, a valuation analyst, and a 'recovering academic.' With pitch-perfect balance, Warren has created both a must-have professional reference guide and a best-practices road map designed to enhance the profitability of your client's business and your own—all in a very readable style with just a 'spoon-full of sugar.' Enjoy the read!"
—Gary M. Karlitz, ASA, CPA, Partner-in-Charge, Valuation Services, Forensic Services, and Forensic Accounting, Citrin Cooperman & Company, LLP

"Extremely readable, with numerous real-world examples—valuation specialists who don't read this book will soon be looking for a new profession. Miller takes the term 'valuation' to new levels, suggesting that appraisers can indeed add real value to their clients' businesses. Clients should demand that a valuation professional read this book before he or she will be hired."
—Alfred M. King, Vice Chairman, Marshall & Stevens, Inc.

Preface.

Acknowledgements.

About the Web Site.

List of Acronyms.

Part I CORNERSTONES.

Chapter I Why a New Approach Is Needed.

Valuation as Craft.

The State of Our Craft.

Cause and Effect: What and Why.

Multidisciplinary Tools for Analyzing Value Creation.

Parameters of Valuation.

What We Know about Risk.

Components of Risk.

A Framework for Unsystematic Risk.

Unlocking Business Wealth.

Summary.

Additional Reading.

Chapter 2 Tools from Strategic Management.

History.

Perspective.

Valuation Tools.

Strategic Intent.

Generic Competitive Strategies.

Resources.

Competitive Analysis.

Distinctive versus Sustained Competitive Advantage.

VRIO.

Customer Satisfaction Surveys.

Diversification.

Unlocking Business Wealth.

Summary.

Additional Reading.

Chapter 3 Tools from Industrial Organization.

Perspective.

Tenets.

Tools.

Unlocking Business Wealth.

Summary.

Additional Reading.

Chapter 4 Tools from Organization Theory.

Perspective.

Tenets.

Tools.

Unlocking Business Wealth.

Summary.

Additional Reading.

Chapter 5 Tools from Evolutionary Economics.

Perspective.

Tenets.

Tools.

Unlocking Business Wealth.

Summary.

Additional Reading.

Chapter 6 Tools from Austrian Economics.

Perspective.

Tenets.

Tools.

Unlocking Business Wealth.

Summary.

About the Author

WARREN D. MILLER, CFA, ASA, CPA, is a cofounder of Beckmill Research LLC, a firm that specializes in valuations, mergers and acquisitions, strategy, litigation support, exit planning, and statistics-driven research. He has taught CPAs and other professionals in thirty states, Puerto Rico, and Canada. His work has been published inHarvard Business Review, Business Valuation Review, CFA Magazine, Strategic Finance, CPA Expert, Value Examiner, and American Fly Fisher. He and his wife, Beckmill cofounder Dorothy Beckert, live in Virginia's breathtaking Shenandoah Valley.