IN THIS SUMMARY
In market economies, value is a very important metric. Investors want the value of their funds to grow in ways that compensate them for risk, as well as for the interest they sacrificed by not investing elsewhere. To satisfy investors and ensure company success, executives must understand how to create value and also how to measure it. In Value, Tim Koller, Richard Dobbs, and Bill Huyett describe principles that enable management teams to make value-generating decisions. These choices could relate to business plans, mergers and acquisitions, or share repurchases. The authors offer concrete guidance for executives involved in strategy planning, decision making, and leadership development.