Lai, Richard,  1962- <br/><br/>
Operations forensics :  business performance analysis using operations measures and tools / 
Richard Lai. 
 - Cambridge, Mass. :  MIT Press,  (c)2013. 
 - 1 online resource (xv, 309 pages) :  illustrations 
<br/><br/>Includes bibliographies and index. 
<br/><br/>Operations forensics --  What financial statements may or may not reveal --  Indicators of accounting performance --  Indicators of stock market performance --  Indicators of disruption --  Indicators of distress --  The many facets of due diligence --  Assessing the customer base --  Assessing lean management --  Assessing risks --  Assessing options --  Turning around purchasing --  Turning around production --  Turning around distribution --  Sustaining the turnaround. 
<br/><br/> Investors and analysts often need to look into a firm's operations more deeply than traditional financial statements and models allow. This book describes newly developed tools for using operations metrics to discern and influence the valuation of a firm. It is the first to present these techniques from a unified perspective: that of operations forensics, which looks at operations management not from the traditional point of view of a manager but from that of an investor or shareholder. After a discussion of financial statements and the useful but incomplete insights they provide, the book covers the three components of operations forensics: operational indicators, operations details that can predict future performance; operational due diligence, methods for verifying companies' claims about operational excellence and valuing their operational assets; and operational turnaround, an innovative approach to buyout and turnaround strategies. The text also offers brief reviews of operations management concepts, real-world examples of operations forensics, and a glossary. The mathematical material gradually increases in sophistication as the book progresses (but can be skipped without loss of continuity). Each chapter concludes with a "Takeaways and Toolkit" section, a brief summary of prior research, and suggestions for further reading. Operations forensics offers powerful tools and frameworks for financial analysts, private equity firms, managers, and consultants. This book provides a valuable resource for MBA students and practitioners. Downloadable supplementary material for instructors includes figures form the text and 42 slides that can be used for class presentations 
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<br/><br/><label>ISBN: </label>9780262313001 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Production management.<br/>Industrial management.<br/>Performance.<br/>Performance technology.
<br/><br/><label>Index Terms--Genre/Form: </label><br/>Electronic Books.
<br/><br/><label>LC Class. No.: </label>TS155  / .O647 2013