{"product_id":"9781633698321","title":"Talent, Strategy, Risk","description":"Author: Bill McNabb\u003cbr\u003eISBN: 9781633698321\u003cbr\u003ePublisher: Harvard Business Review Press\u003cbr\u003eYear first published: 01 Oct 2021\u003cbr\u003ePages: 224\u003cbr\u003eFormat: Hardback\u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eLong-term value creation - the board\u0026amp;#x27;s new agenda.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eA big shift in public ownership has created a new set of challenges for boards. Much of the $14 trillion of assets that firms like Vanguard, BlackRock, and State Street manage is now held in index funds, creating a huge class of permanent institutional investors who own almost 60 percent of the \u003ci\u003eFortune\u003c\/i\u003e 500. These investors are stating in no uncertain terms that simply managing for short-term shareholder profit is not acceptable.\u003c\/p\u003e\u003cp\u003eBill McNabb, Ram Charan, and Dennis Carey have been on the front lines of these changes with the investment community, corporate boards, and top-level management teams. Since TSR (total shareholder return) cannot keep the short and long term in balance, the authors argue, boards should focus on a different kind of TSR-talent, strategy, and risk-because decisions and actions around these factors, more than any others, determine whether or not a company creates long-term value. This book redefines the board\u0026amp;#x27;s agenda and explains how to:\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eBuild and incentivise the right leadership team\u003c\/li\u003e\n\u003cli\u003eHelp leaders take a longer view and communicate it to investors\u003c\/li\u003e\n\u003cli\u003eRefresh board composition and create diversity to meet the new challenges\u003c\/li\u003e\n\u003cli\u003eKeep major risks, such as cyberattacks and sexual harassment allegations, front and centre\u003c\/li\u003e\n\u003cli\u003eAnalyse the business through the eyes of a shareholder activist\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eWith the new realities of corporate ownership, boards need to lead for the long term. This authoritative book shows them how.\u003c\/p\u003e","brand":"Ships in 10 to 15 days","offers":[{"title":"Default Title","offer_id":46833173987486,"sku":"ADS-9781633698321","price":49.78,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0400\/9043\/5742\/files\/9781633698321.jpg?v=1778651197","url":"https:\/\/classicbargains.com.au\/products\/9781633698321","provider":"Classic Bargains Australia","version":"1.0","type":"link"}