Much of current management literature focuses on a limited set of 'classical' value levers, such as cost reduction, sales optimization or mergers & acquisitions, thus neglecting another core value lever: capital investments. That capital investments receive such limited attention is all the more surprising when one considers how vitally important they are to the economy as a whole as well as individual businesses. There is significant value-creation potential in optimizing capital investments. Investments not only determine the asset structure of a venture. They also enable the introduction of new products structural cost reductions. The book focuses on core questions to be answered in the critical design and realization phase of new investments: Right positioning – does the competitive situation allow the investment to be successful Right technology – how to optimize timing and risks of technology innovations Right timing – how to cope with economic cycles Right size – how to identify the optimum size of an asset Right location – how to find the best location for an asset Right design – how to make investments lean and flexible Right financing – how to structure the investment financing The book features an introductory section that provides an overview of investments across the globe, across industries and across time provides practical advice on how to allocate capital to several projects within a company’s investment portfolio. Optimising Fixed Asset Investment is illustrated with real world examples from a range of industries. This book is essential reading for managers faced with challenges of making individual or portfolio capital investment decisions and who are responsible for managing these capital assets over their entire asset lifecycle. The ideas put forward within the book will help to sharpen the focus of management on the impact capital investments have on the well-being and growth of their companies. Optimizing Fixed Asset Investments is a strategic manual for everyone involved or interested in large fixed-capital investments.
This is not a book with obscureformulae, yet is still rigorous and at the same time a model ofclarity." —RICHARD ROLL, JOEL FRIED PROFESSOR OF APPLIED FINANCE ATUCLA ANDERSON
Capital expenditure (capex) projects increase the value of the property. Capex budget is different from the budget to address your weekly and monthly repairs and maintenance, which tends to be operational and short-lived.
Featuring extensive coverage on topics such as consumption behavior, political economy, and structural modeling, this book is ideally designed for academicians, researchers, and professionals seeking current research on the importance of ...
Hansen, H., Huhn, W., Legrand, O., Steiners, D. and Vahlenkamp, T. (2009): Capex Excellence: Optimizing Fixed Asset Investments, John Wiley & Sons, Chichester. Hardaker, J., Huirne, R., Anderson, J. and Lien, G. (2004): Coping with risk ...
Capex Excellence: Optimizing Fixés Asset Investments. Chichester: Wiley & Sons. Hewsan, M. (1989). Reflection is residency training in the general internal medicine clinic. Annual Meeting. San Francisco, CA: American Education Research ...
Strategic Supply Management: Creating the Next Source of Competitive Advantage (Ft. Lauderdale, FL: J. Ross Publishing, 2007), 187. 2. David Burt, Donald Dobler, and Stephen Starling. World-Class Supply Management: The Key to Supply ...
Operational excellence is all about identifying then eliminating or absorbing variability the smartest way. Training Day One: Introducing Standardized Work June 4th was a. * CAPital EXpenditures. † Excellence System was the company's ...
Fixed capital – spending on fixed assets ( or capital expenditures ) which are held in the business for a long period , e.g. plant and machinery . 2. Working capital - current assets ( which can be converted into cash within one year of ...
Optimizing Equipment Life-Cycle Decisions John D. Campbell, Andrew K.S. Jardine ... Atkin of the British Privy Council ruled that the Stevenson soft drink company was liable for an injury sustained by Scottish widow Mary O'Donahue .
Breathing in the Buddha: A Photographic Exploration of Buddhist Life in Indochina