University of Chicago Graduate School of Business
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Consulting RoundtableAugust 26, 6:00 PM - 8:00 PMThe Top Ten Myths of Shareholder ValueShareholder Value has been a management mantra for the past two decades, with a track record of delivering both impressive successes and disappointing failures. For the next install of our Value Creation series, CharterMast Partners LLC cuts through the "shareholder value" myths to explain what works, what doesn't, and what firms need to know to reliably create sustainable value for their shareholders. Where:Gleacher Center Who: Dennis Aust Cost:No Charge Program: 6:00 pm - 6:30 pm : Networking Registration:Please register OnlineQuestions: Dennis Aust Event Description:Shareholder Value has been a management mantra for the past two decades, with a track record of delivering both impressive successes and disappointing failures. For the next install of our Value Creation series, CharterMast Partners LLC cuts through the "shareholder value" myths to explain what works, what doesn't, and what firms need to know to reliably create sustainable value for their shareholders. CharterMast Partners LLC helps senior executives and boards maximize the sustainable value of their firms. Based on decades of empirical research by one of the nation’s top-ranked independent investment research firms, CharterMast provides actionable solutions to questions such as: * How much value is our management team really creating? How do we reflect value creation in our incentive compensation plan? * How much can we afford to pay for this acquisition? (Or, what results do we need to get to make it a good deal?) * How well must we perform to meet our shareholders’ expectations? What goals should we set and how do we measure progress? * Which business units are creating value? What kinds of investments increase value? What kinds of investments destroy value? * How do I assess value creation for a business unit or privately-held firm? Can I create a “phantom” stock price for these entities? Speaker Profiles:Dennis Aust has more than 25 years of experience helping companies maximize value through strategic insight, financial performance, and the pragmatic application of technology. His role at CharterMast includes the direction of consulting engagements and leadership for client research in shareholder value management. Prior to founding CharterMast Partners, Mr. Aust consulted within the technology and strategy practices at Computer Sciences Corporation. His career includes general management, consulting, teaching, and staff positions at FMC Corporation, Purdue University, and Callard, Madden & Associates, Inc. His client roster of past consulting engagements includes Northrop Grumman, Eaton, TRW, Heller Financial, FMC, Bell Atlantic, Varity (Massey Ferguson), Campbell Soup, Amcena, TBG, BAE Systems, and Continental Corp. Mr. Aust has published several articles covering topics in strategic analysis, consulting, financial management, innovation, and marketing. In addition to his regular contributions to The Virtual Strategist, Mr. Aust's articles have appeared in international publications including Effective Executive, Marketing Mastermind, and the executive reference book "Managing Innovation in the New Millennium." Mr. Aust has spoken at conferences of the National Association of Accountants, the American Management Association, and the Windy City Treasury Management Summit. He holds an undergraduate degree in business and an MBA in management science from the University of Chicago. Vern Broders has been actively involved in corporate strategy and financial management for nearly 30 years, bringing financial leadership and creativity to firms in many industries. In his role at CharterMast, Mr. Broders is responsible for practice management, client support, business development initiatives, and research in emerging corporate issues. Mr. Broders has most recently provided strategic planning, financial consulting, and liquidity management services to major corporations as well as corporate product development consulting to major financial services institutions. Mr. Broders served as a corporate finance director for Sara Lee Corporation in both the U.S. and Europe and began his career with the global audit and consulting firm Deloitte & Touche. Mr. Broders’ past consulting client roster includes The Limited, Pacific Dunlop, Blockbuster Video/Viacom, Laidlaw, Inc., Tompkins PLC, Snap-On Tools, and CNA Financial. His continuing research focus is on the role of finance in corporate strategic planning and enterprise metrics. Mr. Broders is a frequent presenter at financial conferences, such as the Association of Financial Professionals and the Windy City Summit Treasury Management conferences, speaking on corporate treasury management and shareholder value enhancement. A graduate of the University Of Chicago Graduate School Of Business, Mr. Broders is degreed in both Finance and Marketing. He holds a CPA and is a leader of the University of Chicago Alumni Finance Roundtable. |
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