Strategy and Value
The Four Foundations That Drive Long-Term Performance
By Andy West, Tim Koller, Whitney Zimmerman | Publisher: Wiley
About the book
For 30 years, McKinsey's Valuation has taught leaders how to measure value. This book shows how to create it.
Strategy & Value: The Four Foundations That Drive Long-Term Performance is the executive's companion to Valuation. It’s a guide to the strategic decisions that promote exceptional, lasting value creation—from the firm that has advised more CEOs on strategy than any other.
Strategy should be getting better. Leaders have never had more frameworks, tools, and data to work with. Yet only one in five executives say their strategies would pass a rigorous test of quality, a 40 percent decline over 15 years. Meanwhile, the gap between economic profit winners and losers has been widening.
Why do some companies succeed while others lag behind? The winners focus on fundamentals that don’t change even when everything else does. This book distills those fundamentals into four foundations and shows how grounding strategy in them unlocks the bold, distinctive choices that build long-term value, even as artificial intelligence and geopolitics shake the business world. In this book, you’ll learn:
- Why most strategies fail the value test—and how to know whether yours will
- How to have the debates that matter: which businesses to own, what to acquire, what to divest, when to return cash
- How to lead through uncertainty—including how to apply timeless principles of value to AI
- How to make strategy an institutional discipline, not an annual event
Written for executives, board directors, founders, and investors, Strategy & Value is the book to read before your next big strategic decision—and to put in the hands of every leader coming up behind you.
When everything changes, the fundamentals don't.
Editions of Strategy and Value
- Hardcover
- ISBN 9781394437672
- EBook
- ISBN 9781394437689
- EBook
- ISBN 9781394437696
Read an Excerpt
For 30 years, McKinsey's Valuation has taught leaders how to measure value. This book shows how to create it.
Strategy & Value: The Four Foundations That Drive Long-Term Performance is the executive's companion to Valuation. It’s a guide to the strategic decisions that promote exceptional, lasting value creation—from the firm that has advised more CEOs on strategy than any other.
Strategy should be getting better. Leaders have never had more frameworks, tools, and data to work with. Yet only one in five executives say their strategies would pass a rigorous test of quality, a 40 percent decline over 15 years. Meanwhile, the gap between economic profit winners and losers has been widening.
Why do some companies succeed while others lag behind? The winners focus on fundamentals that don’t change even when everything else does. This book distills those fundamentals into four foundations and shows how grounding strategy in them unlocks the bold, distinctive choices that build long-term value, even as artificial intelligence and geopolitics shake the business world. In this book, you’ll learn:
- Why most strategies fail the value test—and how to know whether yours will
- How to have the debates that matter: which businesses to own, what to acquire, what to divest, when to return cash
- How to lead through uncertainty—including how to apply timeless principles of value to AI
- How to make strategy an institutional discipline, not an annual event
Written for executives, board directors, founders, and investors, Strategy & Value is the book to read before your next big strategic decision—and to put in the hands of every leader coming up behind you.
When everything changes, the fundamentals don't.
Frequently Asked Questions
What is Strategy and Value about?
For 30 years, McKinsey's Valuation has taught leaders how to measure value. This book shows how to create it.
Strategy & Value: The Four Foundations That Drive Long-Term Performance is the executive's companion to Valuation. It’s a guide to the strategic decisions that promote exceptional, lasting value creation—from the firm that has advised more CEOs on strategy than any other.
Strategy should be getting better. Leaders have never had more frameworks, tools, and data to work with. Yet only one in five executives say their strategies would pass a rigorous test of quality, a 40 percent decline over 15 years. Meanwhile, the gap between economic profit winners and losers has been widening.
Why do some companies succeed while others lag behind? The winners focus on fundamentals that don’t change even when everything else does. This book distills those fundamentals into four foundations and shows how grounding strategy in them unlocks the bold, distinctive choices that build long-term value, even as artificial intelligence and geopolitics shake the business world. In this book, you’ll learn:
- Why most strategies fail the value test—and how to know whether yours will
- How to have the debates that matter: which businesses to own, what to acquire, what to divest, when to return cash
- How to lead through uncertainty—including how to apply timeless principles of value to AI
- How to make strategy an institutional discipline, not an annual event
Written for executives, board directors, founders, and investors, Strategy & Value is the book to read before your next big strategic decision—and to put in the hands of every leader coming up behind you.
When everything changes, the fundamentals don't.
What core themes, tropes, or subjects are explored in Strategy and Value?
Economics, Finance, Business and Management > Finance and accounting > Finance and the finance industry > Corporate finance
Where can I read a sample of Strategy and Value?
You can read an official preview of the few pages here https://www.book2look.com/book/9781394437672
Who is/are the Author/s of the book Strategy and Value?
Andy West, Tim Koller, Whitney Zimmerman
Who is the Publisher of the book Strategy and Value?
Wiley
What are the ISBN numbers for the physical and digital editions?
Strategy and Value is available as hardcover(ISBN 9781394437672) and ebook(ISBN 9781394437689) and ebook(ISBN 9781394437696)
Where can I buy Strategy and Value online or support local independent bookshops?
You can buy Strategy and Value from below
Where can I buy Strategy and Value?