Webex-seminar: Decision rules for long-term value creation
Donderdag 17 juni 2021 geeft Dirk Schoenmaker (Rotterdam School of Management) een online presentatie getiteld: "Decision rules for long-term value creation." Indien u wilt deelnemen stuurt u een e-mail naar Simone Pailer (S.Pailer@cpb.nl). U ontvangt vervolgens een Webex-uitnodiging via Outlook.
Future-oriented companies manage for long-term value creation (LTVC) rather than merely for shareholder value or stakeholder value. Managing for LTVC involves managing and balancing several types of value (financial, social and environmental) at the same time, often involving trade-offs. Companies need to have decision rules that help them make investment decisions accordingly. This article derives such decision rules by starting from what is needed for LTVC, and by showing to what extent it differs from shareholder value maximization only. It also outlines transition pathways for companies that are currently value destructive on one of the dimensions. Finally, it introduces a few simple models that allow for the prioritization of specific types of value, in line with a company’s purpose.