CONTENTS -- Prologue -- Acknowledgements -- Chapter 1 Decision Under Uncertainty -- A Radical Change of Perspective -- The New Business Drivers -- Traditional Accounting Measures are Surpassed -- The constant strive for growth -- How to turn uncertainty into value -- How to quantify the value added by intangibles -- A New Approach to Value -- Reflection on Learnings -- Chapter 2 Critical Review of Accounting Performance Measures -- Residual Income Indicators -- The background of Residual Income Indicators (RII) -- Residual income indicators vs. traditional performance measures -- Discussion of NPV vs. IRR and ROI -- Return on equity (ROE) -- Dividends and EPS -- Three advanced residual income indicators -- Rappaport -- TBR (Total Business Return) -- Similarities and differences -- Shortcomings -- Time Issues -- Reinvestment rate -- Non-constant accumulation of project risk -- Time-varying discount rates -- Time-varying discount rate components -- Terminal value calculation -- Capital Scale Issues -- Implications -- Reflection on Learnings -- Chapter 3 Critical Review of Strategic Criteria -- Shortcomings of Existing Methodology -- Strategic Issues -- Impact on Residual Income Indicators -- Reflection on Learnings -- Chapter 4 A Way Forward: Quantitative Decision Making Measures -- The Enhanced NPV -- Uncertainty concept -- The model -- The Capital Scale Index -- Scale issues -- The model -- A simple application example -- TheOperatingValueAddedModel -- Lifetime of the project -- Real options -- An application example -- Reflection on Learnings -- Chapter 5 A Way Forward: Qualitative Decision Making Measures -- Project Value Chain -- Innovation/new technology -- Technical expertise -- Customer relations -- Supply chain development/relations -- Financial resources -- Profit sustainers -- Supply chain positioning -- Product differentiation.

Superior risk management -- Lean/operational excellence -- Operational flexibility -- The Growth Matrix -- Questionnaire data processing -- RiskAnalysis -- Risk management -- Risk management methodology -- Strategic objectives -- Risk identification -- Risk quantification -- Risk mitigation -- Low severity, low expectancy -- High severity, low expectancy -- Low severity, high expectancy -- Low severity, low expectancy -- High severity, high expectancy -- Frequency induced corrective actions -- Risk index -- Reflection on Learnings -- Chapter 6 The Framework -- TheVision -- Residual Income Indicator -- Capital Scale Index -- Growth Matrix -- Risk Analysis -- Summary -- Reflection on Learnings -- Chapter 7 Implementing a Case Illustration -- Residual Income Indicator -- Growth Matrix -- Risk Analysis -- Reflection on Learnings -- Conclusions: A Way Forward -- Certainty and Uncertainty -- Influencing Factors -- Scope of the decision -- External conditioning -- How can we Help the Decision-Making Process? -- A Framework for Taking Decisions -- Appendix -- Effect of DiscountingModel -- Comparison of Different Residual Income Indicators on Value Creation -- Effect of Additional Flexibility (Real Options) onto the Plan Value -- Comparison of Different Residual Income Indicators on Terminal Value -- Effect of Initial Capital on Value Creation -- Comparison Between Profitability Index and Capital Scale Index -- References -- Index.