Managing for Value

Knowledge Center


How to organize a company for maximizing value creation. Emphasizing Culture Change. Explanation of Managing for Value.



What is Managing for Value? Description

Managing for Value (MfV) is used as a synonym of (one of the three components of) Value Based Management.

It is also the subtitle of a groundbreaking book on Value Based Management "The Value Imperative" by James M. McTaggart ('94):

The Value Imperative

While moving beyond the strategies that managers have employed to create shareholder value - now the standard for business performance - management experts James McTaggart, Peter Kontes, and Michael Mankins revealed their powerful new framework for the systematic, day-to-day management of shareholder value. The authors attack head-on the fundamental weaknesses in current management practices, namely, the foothold that budgeting has over strategic planning and the lack of imagination in management plans that prevents real changes and consequences. They provide a systematic approach to "Value Based Management" that eliminates these weaknesses. They offer proven strategies for managing large, complex companies to consistently produce superior results for stockholders.

Starting with the principle that "cash flows drive value," McTaggart, Kontes, and Mankins show how to create a single governing objective that will enable managers to make decisions most likely to increase the company's competitive, organizational, and financial strength. Building on the objective of maximizing shareholder value, they outline the value based management framework that directly links a company's strategies and organization to its value in capital markets. Using real examples, they describe how to develop business and corporate strategies that substantially improve competitive position and increase market value, often within only two to five years. And as most large companies lack the internal processes that are necessary to manage for value on a sustained basis, the authors show managers how to build the five key processes that are institutional value drivers: governance, strategic planning, resource allocation, performance management, and top management compensation. Mastering these capabilities is fundamental to the ongoing, consistent creation of shareholder value over time.

Culture Change

Besides this, the term Managing for Value (MfV) is also used to describe a new perspective on Value Based Management, emphasizing company culture change aspects and focusing on translating efforts for sustained profitability and positive share price movement.

Book: James Mc Taggart e.o. - The Value Imperative - Managing for Superior Shareholder Returns -

Managing for Value Special Interest Group

Special Interest Group (21 members)

Managing for Value Forum  

Recent topics

  Does Managing for Value Cripple Social Responsibilty of Business?
By only maximizing shareholder value, management is crippling the social values and responsibility of business....

Best Practices - Managing for Value

Expert Tips - Managing for Value

Advance yourself in business administration and management

Resources - Managing for Value

4 Disciplines of Value Growth


News about Managing Value


News about Value-based Management


Videos about Managing Value


Videos about Value-based Management


Presentations about Managing Value


Presentations about Value-based Management


Books about Managing Value


Books about Value-based Management


More about Managing Value


More about Value-based Management


Accelerate your management career

Compare with: Economic Value Added  |  Market Value Added  |  Value Based Management  |  Beyond Budgeting  |  Value Engineering

Return to Management Hub: Change & Organization  |  Decision-making & Valuation  |  Ethics & Responsibility  |  Finance & Investing  |  Human Resources  |  Leadership  |  Strategy

More Management Methods, Models and Theory

Special Interest Group Leader


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2018 12manage - The Executive Fast Track. V15.0 - Last updated: 13-12-2018. All names ™ of their owners.