This book investigates the relationship between strategy optimization mechanisms and the efficiency (performance and productivity) in the digital and open economy. The aim of this question on the interactions between strategies, performance, and market forms is to understand how, at the level of value-based management, productivity determines the optimized strategies and how the optimization process is modified according to the performance of the firm.

Value-Based Management in an Open Economy: Optimizing Strategy to Improve Business and Performance outlines the conditions under which this relationship is negative, neutral, or positive in the banking sector. Applying economic and managerial principles, the book demonstrates that problems related to the competitive advantage can be successfully analyzed like all other business problems, using traditional tools of economics, finance, and strategy (provided that the dynamics of industry-specific interactions are considered). The author argues that the ability of firms to improve their performance depends on the structure in which these organizations compete and their ability to optimize their value-based management.

Key features:

• Captures the diversity and the interconnection of management control and firm performance issues
• Analyzes the challenges of contemporary management control in order to provide transversal and sustainable strategic solutions
• Promotes understanding of the prospects of optimizing mechanisms

This volume is intended primarily for those who will be called upon to work as researchers or professionals in the fields of corporate governance and value-based management. The book identifies the technical practices and proposes mechanisms to encourage growth and improve performance. The book will be helpful for renewing strategic approaches and value-based mechanisms in a digital and open economy.
About the Author:

Prof. Post-Dr. Walter Amedzro St-Hilaire is the author of more than 20 books and around 40 scientific articles. His specialization areas include portfolio management (bank, telecom, health, energy, and agribusiness), project management, entrepreneurship policies, corporate and technology governance, business technology, strategic management, business economics, risk management, economic infrastructures, public administration, international development, and applied economics. He has taught at various universities: HEC-Montreal (Canada), University of Ottawa (Canada), Northwestern University (USA), and George Washington University (USA). He has served as Chief Resources Economist and Principal Officer of Procurement Operations for UEB United European Bank and as a Technical Advisor on Economic Strategies and Policy Development for the World Bank. He is also a project economics and financial business expert for several institutions and international organizations.