'VALUATION: Measuring And Managing The Value Of Companies'

'The guiding principle of business value creation is a refreshingly simple construct: companies that grow and earn a return on capital that exceeds their cost of capital create value. Articulated as early as 1890 by Alfred Marshall, the concept has proven to be both enduring in its validity and elusive in its application.'

(Valuation: Measuring And Managing The Value Of Companies. Tim Koller, Marc GoedHart, and David Wessels.)

The authors recognise that every company needs to develop appropriate value drivers and metrics. The following video - nine minutes and thirteen seconds - outlines eight generic categories of short, medium and long term drivers to support value creation.

Best wishes

Joseph