Operations forensics : business performance analysis using operations measures and tools
By: Lai, Richard
Material type: BookPublisher: London, England : The MIT Press, c2013.Description: xv, 309 p. : ill. ; 25 cm.ISBN: 9780262018661 Subject(s): Production management | Industrial management | PerformanceDDC classification: 658.4034 LA OPItem type | Home library | Call number | Status | Notes | Date due | Barcode | Item holds |
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REGULAR | University of Wollongong in Dubai Main Collection | 658.4034 LA OP (Browse shelf) | Available | may2018 | T0058398 |
, Shelving location: Main Collection Close shelf browser
658.4033 TA IN Introduction to management science | 658.4033 WI QU Quantitative methods for decision makers | 658.4034 BL TE Testing business ideas | 658.4034 LA OP Operations forensics : | 658.4034 LI DE Decision criteria and optimal inventory processes / | 658.4034 LI DE Decision criteria and optimal inventory processes / | 658.4034 RO UN Understanding research methods : a guide for the public and nonprofit manager / |
Includes bibliographical references and index.
Operations forensics -- What financial statements may or may not reveal -- Indicators of accounting performance -- Indicators of stock market performance -- Indicators of disruption -- Indicators of distress -- The many facets of due diligence -- Assessing the customer base -- Assessing lean management -- Assessing risks -- Assessing options -- Turning around purchasing -- Turning around production -- Turning around distribution -- Sustaining the turnaround.
Investors and analysts often need to look into a firm's operations more deeply than traditional financial statements and models allow. This book describes newly developed tools for using operations metrics to discern and influence the valuation of a firm. It is the first to present these techniques from a unified perspective: that of operations forensics, which looks at operations management not from the traditional point of view of a manager but from that of an investor or shareholder. After a discussion of financial statements and the useful but incomplete insights they provide, the book covers the three components of operations forensics: operational indicators, operations details that can predict future performance; operational due diligence, methods for verifying companies' claims about operational excellence and valuing their operational assets; and operational turnaround, an innovative approach to buyout and turnaround strategies. The text also offers brief reviews of operations management concepts, real-world examples of operations forensics, and a glossary. The mathematical material gradually increases in sophistication as the book progresses (but can be skipped without loss of continuity). Each chapter concludes with a "Takeaways and Toolkit" section, a brief summary of prior research, and suggestions for further reading. Operations forensics offers powerful tools and frameworks for financial analysts, private equity firms, managers, and consultants. This book provides a valuable resource for MBA students and practitioners. Downloadable supplementary material for instructors includes figures form the text and 42 slides that can be used for class presentations.