Shooting Ourselves in the Foot

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This digital document is an article from Annals of the American Psychotherapy Association, published by American Psychotherapy Association on November 1, 2001. The length of the article is 863 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Business building: why making psychopharmacology referrals is shooting ourselves in the foot.
Author: Debby Schwarz Hirschhorn
Publication: Annals of the American Psychotherapy Association (Refereed)
Date: November 1, 2001
Publisher: American Psychotherapy Association
Volume: 4 Issue: 6 Page: 21(1)

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Shooting Ourselves in the Foot
Bernard J. O`Keefe
Manufacturer: Houghton Mifflin
ProductGroup: Book
Binding: Hardcover
ASIN: B000K8Z372

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Shooting Ourselves in the Foot
Bernard J. O'Keefe
Manufacturer: Houghton Mifflin Co.
ProductGroup: Book
Binding: Hardcover
ASIN: B000P7HQ1O

Theater commander's utilization of tactical fighter assets: Train like we'll fight, or are we shooting ourselves in the foot?

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Theater commander's utilization of tactical fighter assets: Train like we'll fight, or are we shooting ourselves in the foot?
John N Higgins
Manufacturer: School of Advanced Military Studies, U.S. Army Command and General Staff College
ProductGroup: Book
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Book Description

Economic Value Added (EVA) and Value Based Management (VBM) are today’s hottest management buzzwords. But written information has often been biased and clouded by the authors’ hidden agendas. EVA and Value-Based Management is the first book to unflinchingly discuss the pros and cons of EVA and VBM. Covering both implementation and conceptual issues, with a strong emphasis on performance measurement, value drivers, and management compensation, it allows readers to come to their own informed conclusions.

Customer Reviews:

Highly Recommended!.......2003-02-26

Kudos to S. David Young and Stephen F. O'Byrne, management consultants who largely steer clear of their industry's usual empty catchphrases and superficial hype. Instead, their lucid explanation of the importance of shareholder value takes center stage. The heftiness of EVA and Value-Based Management may be daunting, but most readers will be satisfied with Part I's strategic overview. The concepts reappear in Part II accompanied by a wealth of technical details, calculations and case studies to help finance professionals with nitty-gritty implementation of EVA (Economic Value Added) programs. The book honestly assesses EVA's power to motivate managers, noting that some companies just are not well-suited for this performance metric. We from getAbstract prescribe this book to corporate executives who have overdosed on consultant jargon but still want to drive value growth in their companies, and to finance specialists who seek a comprehensive roadmap to EVA implementation.

Excellent book.......2002-08-13

As an author, speaker and consultant on these topics, I highly recommend this book. Not only have the authors discussed the pros and cons of a number of approaches thoughfully and concisely, they also expand the level of understanding related to the calculations in an accessible way. Their book discusses both implementation issues and the nitty gritty of the mechanics. In sum, the book takes the reader to the next level of understanding. I highly recommend this book.

Fails to keep its promise: Metric War + Compensation.......2001-07-02

This book does NOT offer 'A practical guide to valuation' but a theoretical,oldfashioned discussion of the 'Metrics War'and some empirical research on EVA, Compensation and CFROI-Fade.

My rating has got these origins: Empirical research on Compensation,EVA and CFROI-Fade: A+. Discussion of EVA/CFROI: D-. Terminology: D value for 'Hands-on-valuation': F- Structure: F- Style: F-.

This book does contain interesting empirical research on EVA etc, but it does not offer 'A practical Guide to Implementation' because it does not contain a STAGE-Approach. Its terminology differs from any other book I've read, you must often guess, which formulas the authors used, because they did not have the courtesy to express their formulas. Some formulas are wrong nad their discussion of the 'metrics war' betweenn EVA and CFROI lags 5 years behind reality. They attack old methods of CFROI,which Boston Consulting and Holt Value published 5 (!) years ago. They fail to know, that BCG have refined CVA/CFROI and that BAYER. Lufthansa,and VEBA have implemented these refined CFROI-techniques,which are way better, than the old methods, which the book attacks.

Moreover, this book is terrible to read due to a lack of structure, the absence of clear definitions, the lack of formulas, a wordy style,which exhausts your nerves, and many value judgements....

The EVA Guide which holds nothing back!.......2001-02-07

This book, together with 'The Quest for Value'by G. Bennett Stewart, III and 'Valuation' by the Tom Copeland, provide a solid backgound on value-based management. S. David Young and Stephen F. O'Byrne give a fair description of their book: 'This book is not a intended to be a "teaser," which tries to tell you enough to whet your appetite so if you want to know more you will have to hire us as your consultants. We aim to be as comprehensive in our treatment of the subject as possible...We try to hold nothing back.' Thank you very much indeed.

is that right, EVA?.......2001-02-03

I had a great approach to EVA concept but it too much simple in finances. Any way it is a good point to start the trip through the EVA world. The principle of EVA appears sound, but this book is good at attempting to illustrate how to practically use it.

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Compactness achieved!.......2003-11-29

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