News

Measuring Where Capital is Created
(Extract from the FT)
New means of assessing company performance are returning to cash and how, when and where it flows.

Articles

Value And E-fficient Markets
Efficient Market Theory contends that the company's share price reflects all the information regarding that firm's present market value. So how did dot-com valuations reach such pie-in-the-sky proportion? This article explains what happened.

Resources

TSR report on FTSE 350
Here is the TSR report on companies in the FTSE 350 in which M&S came in last.

Reference

Value Based Management  Resource Centre
This site provides a simple but intelligent introduction to value-based management.

M&S Number One At Destroying Shareholder Value
(Extract from the FT)
Marks & Spencer registers lowest Total Shareholder Return (TSR) of FTSE companies.

Basle Penalises Credit Derivatives
Lack of documentation standards mean that credit derivatives will face a higher capital charge than tried-and-tested credit risk mitigation techniques under the new Basle Accord proposals .

Intellectual property is a key revenue builder
A new paper from KPMG's Intellectual Property Services entitled 'Enhancing organisational success by unlocking the value of ideas' is released which claims considerable unrealised value exists in an organisation's intellectual property resources.

Singapore tops ranking in new Globalisation Index
Latest Globalisation index from A.T. Kearney and Foreign Policy magazine puts Singapore well in front of the pack.

More news….

News

Basle bickering begins
Smaller banks in the EU are claiming they will be at a disadvantage under the Basle Committee's proposed new regulatory framework, despite the significant concessions offered by the proposals.

Articles

Reform of Regulatory Capital - Key Points for Smaller Banks
The reform of the 1988 Basle Accord - currently underway, with a second-round consultation document due to be released in January 2001 - will see banks faced with one of the biggest changes to their business for years.

Resources

Hot Topics at ERisk.com
Stepping-off points to some of the most exciting issues in risk management. Each stepping-off point links a brief discussion of a current issue to useful information available on the world-wide web.

Reference

IFCI Risk Library
Comprehensive risk library focusing on regulatory documents.

Value Based Management - Economic Value Added or Cash Value Added?
A superb article from Capital Ideas Online on the long-running debate over which VBM metric is superior.

Stuck in the slow lane
An assessment of the proposals to update the 1988 Basle Capital Accord -- the blueprint for the regulation of bank lending in most OECD countries. It includes links to the Basle proposal and an article on distortions remaining in the new proposals. Rationalising Regulatory Credit "Buckets"

Solving the Value Equation
Someday soon you'll be able to prove that your business is worth more than the balance sheet says. This article looks at ways of quantitatively valuing intellectual assets.

Measuring & Managing the Value of E-Commerce

Oliver Wyman provides some much needed depth in this timely perspective piece that outlines a practical approach to identifying the value and strategic fit of e-commerce projects by classifying them into three "opportunity zones."

From the News Archive….

Market expectations become lead driver of value growth
Among the world's top 100 value-creating companies, rising market expectations--more than business fundamentals, such as cash flow and return on investment--are driving value growth. This is one of the findings of New Perspectives on Value Creation: A Study of the World's Top Performers, released by The Boston Consulting Group (BCG).

Most recently added link:

Knowledge Management--Emerging Perspectives
A wonderful source of insight into KM for those who are after a bit more depth than is usually offered in a standard feature. Also has an abundance of links.

From Knowledge Management Resources:

It's All in Your Head: The Promise of Intellectual Property
In today's knowledge-based global economy, intellectual assets often supersede physical assets as the basis of corporate value. The attached article, originally appearing in the Texas Business Review, identifies trends in intellectual property management. (PDF available for download).

Archived News

High Performance Employees Are Missing Link in KM
High Performance Employees may be the missing link in the knowledge management chain, according to KPMG Consulting.

Articles

Turning Knowledge into Value - making knowledge exploitation a reality
Information and knowledge are the new competitive weapons. The ability to leverage the intellectual capital of the organisation can reap numerous benefits including cost savings, productivity improvements and improved staff morale.

Resources

2000 Knowledge Management Survey
In July and August, 1999, KPMG asked top executives at 423 organizations in the UK, mainland Europe and the US about their knowledge management (KM) initiatives. This report presents the results.

Reference

On the Trail of Knowledge
An introductory piece explaining what knowledge is and where in your company it is located.

To view many of the documents referred to on this site you'll need the Adobe Acrobat Reader. You'll find it on the Knowledge Tools page along with a number of other productivity-enhancing applications and websites. Check them out now and take maximum advantage of this website.

Previous Tip

For links to specific and selected articles, see the relevant section area. But if you want to browse through entire sites and see what they have to offer, see the featured links on the main Links page.

Archived News

Shareholders Lose Out In More Than 80% Of Mergers
A global research paper by KPMG that identified the activities necessary to maximise shareholder value in a merger or acquisition has found that companies are not delivering enhanced returns for shareholders as a result of their M&A activity.

Articles

Nearly 60 percent of all mergers fail
According to new book by A.T. Kearney consultants, 58 percent of all mergers fail to reach the goals they set out to achieve. After the Merger: Seven Rules for Successful Post-Merger Integration offers CEO's best-practices merger strategies.

Resources

AT Kearney Thought Leadership
Latest books, publications and thoughts. Thoughts on emerging trends and issues in business and financial services can be found here.

Mergers and Acquisitions have been all the rage lately and are featured in the Issues section. Explore this topic further with articles on the perils of excessive secrecy and M&A stories of the last decade.

That the US only ranks 12th in the Globalisation league tables, and well behind the clear leader--Singapore? Find out what's being measured, why, and which place your country comes in at here.