Operations forensics : business performance analysis using operations measures and tools
- Richard Lai.
- Cambridge, Mass. : MIT Press, c2013.
- Physical description
- xv, 309 p. : ill. ; 24 cm.
Engineering Library (Terman)
|TS155 .L244 2013||Unknown|
- Lai, Richard, 1962-
- Includes bibliographical references (p. -295) and index.
- Operations forensics
- What financial statements may or may not reveal
- Indicators of accounting performance
- Indicators of stock market performance
- Indicators of disruption
- Indicators of distress
- The many facets of due diligence
- Assessing the customer base
- Assessing lean management
- Assessing risks
- Assessing options
- Turning around purchasing
- Turning around production
- Turning around distribution
- Sustaining the turnaround.
- Publisher's Summary
- Investors and analysts often need to look into a firm's operations more deeply than traditional financial statements and models allow. This book describes newly developed tools for using operations metrics to discern and influence the valuation of a firm. It is the first to present these techniques from a unified perspective: that of operations forensics, which looks at operations management not from the traditional point of view of a manager but from that of an investor or shareholder. After a discussion of financial statements and the useful but incomplete insights they provide, the book covers the three components of operations forensics: operational indicators, operations details that can predict future performance; operational due diligence, methods for verifying companies' claims about operational excellence and valuing their operational assets; and operational turnaround, an innovative approach to buyout and turnaround strategies. The text also offers brief reviews of operations management concepts, real-world examples of operations forensics, and a glossary. The mathematical material gradually increases in sophistication as the book progresses (but can be skipped without loss of continuity). Each chapter concludes with a "Takeaways and Toolkit" section, a brief summary of prior research, and suggestions for further reading. Operations forensics offers powerful tools and frameworks for financial analysts, private equity firms, managers, and consultants. This book provides a valuable resource for MBA students and practitioners. Downloadable supplementary material for instructors incudes figures form the text and 42 slides that can be used for class presentations.
(source: Nielsen Book Data)9780262018661 20160612
- Publication date
- 9780262018661 (hardcover : alk. paper)
- 0262018667 (hardcover : alk. paper)
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