Background: Correctly rewarding managers based on value creation is the key to driving a firm’s overall performance. Measures that appear to be linked to a firm’s bottom line are often myopic and Managers are sometimes rewarded for performance that destroys shareholder value in the long run. The solution is to effectively measure value created, then design a management incentive structure to maximize it.
Objectives: The main objective of this program is to train the Managers on the steps to measure the value created by a project, division or firm in a variety of ways, including the concepts of Economic Value Added (EVA) and Value at Risk (VaR). Participants will appreciate the advantages and drawbacks of each one, and how firms could succeed in designing performance incentives to create value.
Target audience: Senior Managers in finance, HR and general management (who have finance background), merchant bankers, managers engaged in corporate strategy and finance, Executives in banks engaged in project finance and mergers and acquisitions.
Date: DEC, 2007
Venue: IFMR Chennai
Fee: Rs. 10000/-(Non-residential)
Course Co-ordinator: Prof. C.N.V. Krishnan
|
