Böcker av Claudio Scardovi

Strategy and Finance are generally viewed as two separate subjects. Once regarded with fascination, they have become the subject of strong criticism, the first considered too theoretical and long-term to be of any use and the second too speculative and short-term to contribute to value creation. This book argues, however, that strategy and finance are in fact value twins, both of which need a thorough overhaul, from their tool kits to their end goals. The author contends that we rely on strategic and financial frameworks that were developed decades ago but, in an increasingly complex and risky environment, these need to undergo a profound transformation, one which follows an intertwined approach, enabling companies to achieve the twin goals of value creation and sustainability, consistently and successfully.The book provides a fresh and innovative view of strategy and finance. It discusses the concept of strategy extensively, examining its history, application, and importance in modern business. It also explores how strategy has evolved and how it can be adapted to better serve companies in a rapidly changing business landscape. The book emphasises the role of finance in corporate strategy, suggesting that it is a crucial element in achieving sustainable business success, exploring how financial tools and concepts can be integrated with strategic planning to drive growth and value creation. Further, it explores how strategic and financial planning can be used to manage business risks effectively. Readers are given useful insights via the inclusion of case studies from numerous industries, including corporations, banks, and wealth and asset managers, and these real-world examples serve to close the gap between theory and practice.

The world has never be so rich--at least financially. And so unsustainable--economically, socially, and environmentally. In fact, we are all living a "nemesis of wealth" (nealth), caused by our shortsighted choices of the past, just focused on ROE, NPV, and shareholders' value. This "nealth" is now paying us back not only with loads of public debt, inflationary money, and debased cryptocurrencies; but also with unbearable social discrimination, geopolitical tensions and wars and de-globalization; and--last but not least--with the ticking bomb of the climate change to come. If this is the legacy of our "intergenerational arbitrage" (theft?), what is the future for the Gen Z and of the many a to come? How can they manage and overcome all these unbearable burdens to regain the lost sustainability? A new definition of wealth, based on a more holistic "total sustainability," is then required; and, correspondingly, new models to design, manage, and value a targeted wealth creation that is relevant to many stakeholders. Never has been the challenge of change for the wealth management industry so critical, urgent, and of the utmost importance.

This book analyzes the set of forces driving the global financial system toward a period of radical transformation and explores the transformational challenges that lie ahead for global and regional or local banks and other financial intermediaries.

This book discusses the most critical issues relating to the recovery of bad loans - a major problem that European banks urgently need to address and resolve.