Value-Based Leadership: The New Frontier in Value Creation

Produced

• 2002

Key Features

Video type: VHS
Length: 58 mins. (2002)

a Stanford Graduate School of Business Executive Briefing

Featuring:
Ron A. Howard
Professor of Management Science and Engineering Stanford School of Engineering
and
David Fishman
Managing Director, Strateic Decisions Group Financial Services.

Program Highlights:

• Building a forward-looking business on a VBM foundation.
• Aligning the interests of management and shareholders.
• How to quantify uncertainty, and profit by embracing risk.

Value-Based Management (VBM) is steadily growing in popularity around the world, providing significant benefits to many companies, including higher value and cultural transformation. But the race to create ever more value is far from over. Value-Based Leadership (VBL), the new frontier in value-based thinking, looks to the future more so than the past, addressing growth, innovation and entrepreneurship. Innovation-driven, commodity, and ''big-bet'' industries need metrics and paradigms that take into account the uncertain, yet tremendous, potential of innovation, optionality, and learning. Without these measures, VBM falls short of reaching a company's full potential. (2002)

Dr. Howard received a BS, MS, EE, and ScD in electrical engineering and a BS in economics from MIT and has been elected to the National Academy of Engineering. David Fishman is managing director of Strategic Decisions Group Financial Services, advancing strategic management, business development and organization change for projects at Fortune 500 and emerging growth companies.