{"title":"Bartley J Madden","description":null,"products":[{"product_id":"value-creation-thinking-book-bartley-j-madden-9780988596962","title":"Value Creation Thinking","description":"\u003cp\u003eIn a world where short-term thinking has taken hold for too many managers and investors, Value Creation Thinking provides a much needed perspective on the key drivers of long-term value.\u003c\/p\u003e \u003cp\u003eMadden unites the fundamentals of financial valuation with a unique emphasis on corporate purpose, culture, and knowledge. Based on decades of research and practice, Value Creation Thinking sheds light on enduring sources of competitive advantage and exposes how traditional business thinking and accounting practices often distract managers and investors from sustained performance.\u003c\/p\u003e \u003cp\u003eBy speaking the language of both shareholders and stakeholders, Madden provides an important contribution to our understanding of capitalism at a critical moment, and an illuminating roadmap for the future of business.\u003c\/p\u003e \u003cp\u003e -- Dominic Barton, Global Managing Director, McKinsey \u0026amp; Co.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49570976104721,"sku":"GOR013558642","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51010691727633,"sku":"NIN9780988596962","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":51328033456401,"sku":"CIN0988596962VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0988596962.jpg?v=1750787979"},{"product_id":"wealth-creation-book-bartley-j-madden-9780470488683","title":"Wealth Creation","description":"Wealth creation insights by the creator of the company life-cycle framework known as the CFROI valuation model.  Investors searching for companies whose future profitability will far exceed that implied in current stock prices, those in business making decisions to improve company performance, and politicians crafting legislation-all use some form of a wealth creation framework.   In this book, author Bartley Madden addresses how to think about the complex dynamics in generating wealth and the practical benefits to be gained from upgrading one's wealth creation framework. Throughout these pages, Madden shares six critical insights:     A systems mindset focuses not so much on the individual pieces of a system, but on how all the pieces work together to achieve the goal envisioned for the system. The systems way of thinking described in Wealth Creation helps to avoid unintended, bad consequences, and to generate insights for leveraging change that produces big gains in wealth  Economic systems -- the rules and relationships that exist to create wealth by delivering value to customers -- are devilishly complex and therefore solving economic problems requires extensive knowledge. Seen in this light, knowledge growth and wealth creation are two sides of the same coin.    A prerequisite to making better buy\/hold\/sell investment decisions and business judgments is an improved understanding of how wealth is created. An especially useful approach described in this book is to connect business firms' financial performance to stock prices via the firms' competitive life-cycle framework A deeper understanding of business firms makes it plain that customers, employees, and shareholders have mutual, long-term interests. In other words, a free-market system geared to serving customers through competition is a system in which participants share the wealth that is jointly created There is a huge opportunity for sustained, higher economic growth through voluntary initiatives by the private sector. One initiative involves an accelerated implementation of lean management, which was pioneered by Toyota. This is a systems approach that continually purges waste and optimizes the use of resources in delivering value to customers The other initiative concerns improved corporate governance. The wealth creation principles discussed in this book offer a blueprint for boards of directors to vastly improve how they fulfill their responsibility to shareholders, and in so doing, improve the performance of corporate America   These ideas have taken shape as a natural outgrowth of a commercial research program that began in 1969 at Callard, Madden \u0026amp; Associates focused on how to value business firms. It produced the CFROI (cash-flow-return-on-investment) metric and its related life-cycle valuation model. This work was further advanced at HOLT Value Associates, which was later acquired by Credit Suisse in 2002. Credit Suisse HOLT continues the research to improve the valuation tools and related global database that analyzes 20,000 companies in over 60 countries. This system is used by a large number of institutional money management firms worldwide in order to make better investment decisions.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49668537680145,"sku":"GOR012179035","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50352652288273,"sku":"CIN0470488689G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52432253747473,"sku":"NLS9780470488683","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52735399100689,"sku":"NIN9780470488683","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0470488689.jpg?v=1750741282"},{"product_id":"value-creation-principles-book-bartley-j-madden-9781119706625","title":"Value Creation Principles","description":"PRAISE FOR VALUE CREATION PRINCIPLES   \"In Value Creation Principles, Madden introduces the Pragmatic Theory of the Firm that positions the firm as a system fueled by human capital, innovation, and, at a deeper level, imagination. He challenges us to understand how we know what we think we know in order to better discover faulty assumptions that often are camouflaged by language. His knowledge building loop offers guideposts to design experiments and organize feedback to facilitate early adaptation to a changed environment and to avoid being mired in ways of thinking rooted in 'knowledge' of what worked well in the pasta context far different from the context of today. His book explains a way of being that enables those who work for, or invest in, business firms to see beyond accounting silos and short-term quarterly earnings and to focus on capabilities instrumental for creating long-term future and sustainable value for the firm's stakeholders. I can't recommend this astounding book enough especially given its deep and timely insights for our world today.\"   John Seely Brown, former Chief Scientist for Xerox Corp and Director of its Palo Alto   Research Center (PARC); co-author with Ann Pendleton-Jullian of Design Unbound:   Designing for Emergence in a White Water World   \"In contrast to existing abstract theories of the firm, Madden's pragmatic theory of the firm connects management's decisions in a practical way to a firm's life cycle and market valuation. The book promotes a firm's knowledge building proficiency, relative to competitors, as the fundamental driver of a firm's long-term performance, which leads to insights about organizational capabilities, intangible assets, and excess shareholder returns. Value Creation Principles is ideally suited to facilitate progress in the New Economy by opening up the process by which firms build knowledge and create value, which is a needed step in revising how neoclassical economics treats the firm.\"   Tyler Cowen, Professor of Economics, George Mason University; co-author of the popular   economics blog Marginal Revolution   \"Bartley Madden rightfully points out that both textbook and more advanced economic theories of the firm fail to address the concerns of top management and boards of directors. He offers a tantalizing pragmatic alternative that directly connects to quantitative changes in the firm's market value. His framework gives recognition to the importance of intangible assets, and his pragmatic approach is quite complementary to the Dynamic Capabilities framework that strategic managers implicitly and sometimes explicitly employ.\"   David J. Teece, Thomas W. Tusher Professor in Global Business, Faculty Director, Tusher   Center for the Management of Intellectual Capital, Haas School of Business, University of   California, Berkeley","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50005504917777,"sku":"CIN1119706629G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51020338397457,"sku":"NIN9781119706625","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1119706629.jpg?v=1750984241"},{"product_id":"reconstructing-your-worldview-book-bartley-j-madden-9780988596924","title":"Reconstructing Your Worldview","description":"This fine book is a down-to-earth primer on what every businessperson in a dynamic economy needs to know about modern knowledge in economics, psychology, and philosophy.\u003cbr\u003e - Edmund Phelps\u003cbr\u003e Columbia University\u003cbr\u003e Nobel Laureate in Economics \u003cp\u003e\u003c\/p\u003e Learning how to see through the complexity of business problems is of great consequence. The four core beliefs introduced in this book have been distilled from economics, neuroscience, psychology, and philosophy. They have proven to facilitate breakthrough thinking, guide continuous improvement, and shape wealth-creating strategies. Used together, they will transform your worldview-a distinct competitive advantage.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51010740846865,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51010743763217,"sku":"NIN9780988596924","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/098859692X.jpg?v=1751331719"},{"product_id":"value-creation-thinking-book-bartley-j-madden-9780988596955","title":"Value Creation Thinking","description":"\u003cp\u003eIn a world where short-term thinking has taken hold for too many managers and investors, Value Creation Thinking provides a much needed perspective on the key drivers of long-term value.\u003c\/p\u003e \u003cp\u003eMadden unites the fundamentals of financial valuation with a unique emphasis on corporate purpose, culture, and knowledge. Based on decades of research and practice, Value Creation Thinking sheds light on enduring sources of competitive advantage and exposes how traditional business thinking and accounting practices often distract managers and investors from sustained performance.\u003c\/p\u003e \u003cp\u003eBy speaking the language of both shareholders and stakeholders, Madden provides an important contribution to our understanding of capitalism at a critical moment, and an illuminating roadmap for the future of business.\u003c\/p\u003e \u003cp\u003e -- Dominic Barton, Global Managing Director, McKinsey \u0026amp; Co.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"US \/ NEW \/ INGRAM","offer_id":51010764243217,"sku":"NIN9780988596955","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":51327000314129,"sku":"CIN0988596954G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0988596954.jpg?v=1751109162"},{"product_id":"foundational-explanation-of-human-behavior-book-bartley-j-madden-9780988596986","title":"A Foundational Explanation of Human Behavior","description":null,"brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51010834333969,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51010838266129,"sku":"NIN9780988596986","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":51606238986513,"sku":"CIN0988596989G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0988596989.jpg?v=1751045841"},{"product_id":"reconstructing-your-worldview-book-bartley-j-madden-9780988596931","title":"Reconstructing Your Worldview","description":"This fine book is a down-to-earth primer on what every businessperson in a dynamic economy needs to know about modern knowledge in economics, psychology, and philosophy.\u003cbr\u003e - Edmund Phelps\u003cbr\u003e Columbia University\u003cbr\u003e Nobel Laureate in Economics \u003cp\u003e\u003c\/p\u003e Learning how to see through the complexity of business problems is of great consequence. 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Madden provides a foundational understanding of how firms build knowledge and create value in a capitalist society. In the process, Madden clarifies the purpose of the firm and explains why, over the long term, some firms succeed while others fail in achieving their purpose.\u003c\/p\u003e \u003cbr\u003e \u003cp\u003eMadden's Pragmatic Theory of the Firm is rooted in systems thinking and clarifies the firm's four-part purpose. The theory demonstrates why a firm's culture of knowledge-building proficiency is the critical determinant of its long-term performance. It also spotlights life-cycle track records for providing an economically sound and intuitive connection between a firm's financial performance and its stock market valuation.\u003c\/p\u003e \u003cbr\u003e \u003cp\u003eThe Knowledge-Building Loop is presented as a practical mental model for how new knowledge is created that reinforces cognitive science findings, embraces the role of imagination, and improves problem-solving and decision-making for managers, boards of directors, investors, and those who seek to earn more responsibility in their firms. In addition, Value Creation Insights is a rewarding read for those individuals who are intellectually curious about business firms and, more broadly, capitalism.\u003c\/p\u003e \u003cbr\u003e \u003cp\u003eSignificant challenges with high potential for value creation are much easier to tackle with foundational knowledge. 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