VBM / EVA Online Training

Introduction
Learning Objectives
Who should register
Subscription and Registration
Program Level & Preparation
Author
Course Catalog
Course Procedures

VBM / EVA Online Training (coming soon!)

Introduction

Register for our online Value-Based Management (VBM) workshop and apply the concepts of Economic Profit, also known as Economic Value Added (EVA), to increase the profitability and value of a business. Through participative exercises and case studies, this hands-on and easy-to-understand workshop challenges non-finance and finance managers to create shareholder value for both private and public companies. By registering for this 6 month subscription, executives and professionals will gain additional insight into the economic reality (as apposed to the accounting reality) of a business by adopting a superior measure of management performance.

Learning objectives

Identify what is Value Based Management and its impact
Improve shareholder value by increasing economic cash flow
Determine a company’s true economic performance
Increase profitability by making the right operating decisions
Uncover opportunity through financial statement analysis
Increase returns through intelligent investment practices
Implement a pay for performance plan
Align the interests of owners and employees

(see course catalog)

Who should attend

The program is primarily designed for executive management teams at both senior and middle management levels (i.e. CEO, CFO, CIO, CMO, Vice Presidents, Directors or Managers of Finance, Treasury, Operations, Human Resources, IT, Marketing & Sales, Controllers, General or Divisional Managers, etc.). In addition, professionals such as Accountants, Lawyers, Consultants, and Research Analysts will find our program invaluable.

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Subscription and Registration

Fees

Registration is $300 per user for 6 months access.

Calendar

Online course is accessible 24/7.

Registration

Click here to register (coming soon!)


Program Level & Preparation

There are no prerequisites required. Although, our program is a basic introductory workshop, we find that the workshop is well suited for all levels of understanding, providing basic to advanced material in an easy-to-understand format. No advance preparation is necessary. In addition to having a computer and internet access to login, it is recommended that participants have pens/pencils, erasers, calculators and a pad of paper to do exercises.

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Author

Marwaan R. Karame
Marwaan Karame consults businesses in the areas of Value Based Management (VBM) and Mergers & Acquisitions (M&A). Previously, Mr. Karame worked in investment banking for Donaldson, Lufkin & Jenrette (DLJ) and Credit Suisse First Boston (CSFB) advising companies in the areas of M&A, Private Placement, Debt Financing, IPOs, and VBM.

Prior to DLJ and CSFB, he worked for Stern Stewart & Co., leading Fortune 500 companies to create sustainable gains to shareholder wealth by aligning the interests of management with shareholders. Through a customized financial management system, incentive compensation design, and value based finance-training curriculum, Mr. Karame assisted companies to adopt the concepts of Economic Value Added (EVA). These concepts were applied to various industries including Automotive, Food & Beverage, Healthcare, Industrial Manufacturing, and Oil Exploration and Production.

Preceding Stern Stewart, he managed Ivey Business Consulting Group, a boutique business-consulting firm that served small to middle market companies. Mr. Karame started his professional career working for one of the world’s top sales organizations, Xerox, where he managed executive relationships with Canada’s largest companies, selling Xerox’s high-end information technology and services.

Mr. Karame has been a keynote speaker for several Wall Street Research Analyst seminars and has conducted workshops for 1,000+ Fortune 500 executives, lecturing on the topics of VBM and M&A. Mr. Karame also authored:

EVA Can Do More Than Measure Performance, The Globe and Mail
Dream Big - 3 financial models for executives looking to become their own boss, American Executive
Leading a Value-Based Management Implementation, The Trusted Professional
Pure Performance, American Executive
Time to Sell, American Executive (co-authored)

Mr. Karame holds an MBA in finance from Richard Ivey School of Business and a B.Sc. in Mathematics and Economics from St. Lawrence University.


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Course Catalog

The course can be taken at your leisure and is accessed through our login.

TOPIC	LEARNING OBJECTIVES
Shareholder Value aprox. 40 minutes	Understand a company’s sole objective Explain why a focus on shareholder value benefits society as a whole Define Value Based Management and understand its limitations Determine what operating measure increases shareholder value Learn the concept of Economic Profit and its different names (EVA, SVA, CVA, etc.) Review supporting evidence for Economic Profit
Economic Profit aprox. 45 minutes	Simple Economic Profit Calculation Make a simple acquisition - exercise Understand why Economic Profit is a better measure of performance Examine Economic Profit as more than a measuring tool See how Economic Profit provides ‘line of sight’ down to the ‘shop floor’
Operating Decisions aprox. 2 - 3 hours (depending on individual)	Use Economic Profit to make daily operation decisions through the following exercises: Potential new customer Negotiating a supplier contract Determining length of production runs Making an equipment purchase Determining Economic Profit contribution by customer Hiring an employee Divesting idle assets at a loss Acquiring a competitor Promotional spending Introducing a new product line
Financial Statement Analysis aprox. 2 hours (depending on individual)	Calculate the 3 components of Economic Profit Use financial statements and capital markets to make an Economic Profit Calculation Understand how to calculate the cost of capital Review the different levels of analysis Calculate economic adjustments to accounting statements
Capital Budgeting aprox. 1 - 2 hours (depending on individual)	Understand the relationship between Net Present Value (NPV) and Internal Rate of Return Why NPV is a superior measure Know the difference between Economic Profit and cash flow analysis Go through the 5 steps of Capital Budgeting and invest intelligently to maximize returns
Rewarding Managers aprox. 1 hour (depending on individual)	Understand why traditional incentive plans don’t work Learn how to design an incentive plan that aligns the interest of owners and managers Pay for performance by simulating a management buyout without the buyout
Change Management aprox. 30 minutes	Review the 4 steps for managing change Understand how a VBM System is implemented

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Course Procedures

Refund Policy

There are no refunds.

Technical Issues

IDG Capital Group will respond to and address all technical issues within 24 hours of a work day. All concerns should be addressed to:

VBM Education Administrator
Tel: 212-248-0881
info@idgcapitalgroup.com

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