TY - BOOK AU - Lai,Richard TI - Operations forensics: business performance analysis using operations measures and tools SN - 9780262313001 AV - TS155 .O647 2013 PY - 2013/// CY - Cambridge, Mass. PB - MIT Press KW - Production management KW - Industrial management KW - Performance KW - Performance technology KW - Electronic Books N1 - 2; 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; 2; b N2 - 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 UR - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=550653&site=eds-live&custid=s3260518 ER -