Creating the future: how creativity and innovation drive shareholder wealth

Abstract

Suggests that in many companies that have adopted value‐based management, there is a need to shift the focus of management attention from the measurement of value, to the creation of wealth. Argues that shareholder wealth creation is a creative endeavour on the part of the management and employees of a business – and that wealth will only be created for shareholders if management delivers financial performance that exceeds market expectations. This requires the successful implementation of higher value strategies developed from new ideas – not simply the adoption of value‐based measurement and incentive systems.

Citation

Kilroy, D.B. (1999), "Creating the future: how creativity and innovation drive shareholder wealth", Management Decision, Vol. 37 No. 4, pp. 363-374. https://doi.org/10.1108/00251749910269410