{"product_id":"organizational-alpha-book-ben-carlson-9781541043671","title":"Organizational Alpha","description":"\u003cp\u003eInstitutional investors spend the majority of their time in search of the Holy Grail of investment alpha, or risk-adjusted market outperformance. The problem is far too many organizations and funds fail to first understand whether or not they have what it takes to earn alpha or whether it even makes sense to try. Organizational alpha, on the other hand, is something every institutional investor and nonprofit can achieve, assuming they focus on what they can control and what matters.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eThis book will show institutional investors, board members, trustees, consultants and beneficiaries how the concept of organizational alpha can help them: \u003c\/strong\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eRecognize the importance of goals-based investing.\u003c\/li\u003e \u003cli\u003eThink in terms of process over outcomes.\u003c\/li\u003e \u003cli\u003eUnderstand the fiduciary duty and what constitutes a breach of that duty.\u003c\/li\u003e \u003cli\u003eKnow the difference between a governing and managing fiduciary.\u003c\/li\u003e \u003cli\u003eDefine their overarching investment philosophy.\u003c\/li\u003e \u003cli\u003eMake sense of the group dynamic at play when making decisions-by-committee.\u003c\/li\u003e \u003cli\u003eEnsure more continuity in their investment program.\u003c\/li\u003e \u003cli\u003eImprove their due diligence and decision-making processes.\u003c\/li\u003e \u003cli\u003eChoose the right consultant or advisor to help oversee their assets.\u003c\/li\u003e \u003cli\u003eFind additional sources of alpha.\u003c\/li\u003e \u003cli\u003eUnderstand the alternative investment landscape.\u003c\/li\u003e \u003cli\u003eAppreciate the differences between foundations, endowments and pensions.\u003c\/li\u003e \u003cli\u003eDocument their investment process to cut down on unnecessary mistakes.\u003c\/li\u003e \u003cli\u003eMake decisions that revolve around the goals and mission of the organization.\u003c\/li\u003e \u003cli\u003eSet realistic expectations with the understanding that the future is always uncertain.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWritten by an institutional investor who has spent his entire career working with a wide range of institutional investors from endowments to foundations to pension plans to family offices and other nonprofits, Organizational Alpha is a manual that provides institutional investors with the tools they need to find success in the markets and as organizations.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49568441073937,"sku":"GOR010651593","price":10.0,"currency_code":"USD","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":49770703978769,"sku":"CIN1541043677G","price":4.0,"currency_code":"USD","in_stock":false},{"title":"GB \/ LIKE_NEW \/ INTERNAL","offer_id":50934882074897,"sku":"GOR014131361","price":10.0,"currency_code":"USD","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":51715900997905,"sku":"CIN1541043677VG","price":4.58,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1541043677.jpg?v=1762597164","url":"https:\/\/www.worldofbooks.com\/products\/organizational-alpha-book-ben-carlson-9781541043671","provider":"World of Books ","version":"1.0","type":"link"}