Minding the Corporate Checkbook: A Manager's Guide to Executing Successful Business Investments

To make the best possible decisions about investing scarce resources, companies must go beyond narrow ROI analysis and use qualitative and quantitative measurements focusing on what really matters: value added and/or risk relevant to the company. Minding the Corporate Checkbook introduces a powerful approach to investment decision-making and best practices from today's most successful companies. Steven Kursh's New Decision Methodologies, NDM, gets everyone in the company on the same page, helping them with investments from start to finish. NDM ensures investments are focused on maximizing value and that precious resources aren't squandered, midstream changes get made to failing investments and earlier mistakes are avoided. Kursh offers a workbook and detailed guidance on all five elements of NDM: preliminary analysis, risk analysis, business impact assessment, execution analysis and ongoing management. Includes an extensive library of examples and decision tools to help readers use NDM, despite financial background.