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Management Between Strategy and Finance

  • Burkhard Schwenker
  • Klaus Spremann

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Basic Principles

    1. Pages 15-32
    2. Pages 33-62
    3. Pages 63-86
    4. Pages 87-113
    5. Pages 115-142
  3. The Four Seasons Of Business

    1. Pages 171-200
    2. Pages 201-234
    3. Pages 235-269
  4. The Art of Balance — A Closing Remark

  5. Back Matter
    Pages 297-324

About this book

Introduction

Companies' decision-making and planning systems find themselves in a constant tug of war between strategic and financial considerations. The authors analyze these two opposing currents in business thinking, dissecting their differences and identifying their best practices. They also develop an approach that reconciles the two conflicting schools of thought – without watering down their differences. They argue that both strategic and financial perspectives can serve as a compass in management's decision-making processes: Which perspective to choose depends on the phase the company finds itself in. The authors distinguish four phases in the company lifecycle – phases in which they must position themselves, develop, grow and, ultimately, earn. In the first two phases, strategic considerations should take priority; in the latter two phases, financial considerations rule the day.

Keywords

Business phases Corporate strategy Finance Financial thinking Investment calculation Strategic thinking business conflict management planning strategy

Authors and affiliations

  • Burkhard Schwenker
    • 1
  • Klaus Spremann
    • 2
  1. 1.Roland Berger Strategy ConsultantsHamburgGermany
  2. 2.Swiss Institute of Banking and FinanceUniversity of St. GallenSt. GallenSwitzerland

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-540-85275-9
  • Copyright Information Springer Berlin Heidelberg 2009
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-540-85274-2
  • Online ISBN 978-3-540-85275-9
  • Buy this book on publisher's site
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