Create More Value

Fortuna Advisors LLC
  • 5.0 (2)
  • 管理
  • 一周一更

Founder and CEO, Greg Milano, of Fortuna Advisors interviews leading executives, board directors, investors and other experts to discover how they've helped Create More Value for stakeholders and shareholders alike through capital deployment and allocation, mergers and acquisitions, corporate culture, executive compensation, investor activism, ESG and emerging opportunities like artificial intelligence that could change everything.

  1. 9月2日

    Make what’s good for shareholders also good for employees and their family

    Most incentive plans fail to drive true value creation—they reward mediocrity, encourage short-term thinking, and reward sandbagging and gaming of the system. In the fourth instalment of a LinkedIn Live series, Fortuna partners Greg Milano and Marwan Karame share a better incentive compensation design using a modern take on economic profit: Residual Cash Earnings. We cover why traditional bonus plans fall short, the key traits of an ownership culture, and how true value-based incentives align management’s interests with those of long-term investors. We also feature real-world examples and simulations that demonstrate why this approach is so effective at creating an ownership culture at large public companies.

    50 分钟

  2. 8月19日

    Case study: Why traditional measures are a reinvestment roadblock

    Consider a hypothetical company in 2012 with two business units—Amazon and Walmart. Our latest episode considers the question: which business would you rather own and prioritize reinvestment in? Traditional financial metrics would have made Walmart look like the obvious winner—profitable, disciplined, and cash-rich. But what happens if you use a modern economic-profit lens to value these disparate business models? This thought experiment explains why so many high-growth, high-potential businesses get starved of capital at large, public companies that rely on outdated metrics to allocate resources. How you measure matters.

    25 分钟

  3. 8月5日

    Why most companies fail at strategic resource allocation

    This podcast features the third installment of our LinkedIn Live series on how economic profit drives long-term value creation. Fortuna partners Greg Milano and Marwaan Karame discuss strategic resource allocation: how companies can better allocate capital and other resources to unlock more shareholder value. They explore common pitfalls like erroneous objectives, lack of focus, and decision paralysis that lead firms to invest in value-destroying projects while underinvesting in their best growth opportunities. Through real client case studies, they explain how residual cash earnings, a modern, cash-based economic profit measure helps leaders identify where value is truly created across business units, segments, and products—even down to the SKU level. The episode emphasizes the importance of a fact-based, focused approach to investment decision-making.

    40 分钟

  4. 7月22日

    Dan Sansone on simplifying incentives and value creation with economic profit

    Dan Sansone, former CFO of Vulcan Materials Company, joins the podcast to share how EVA focused forecasting, planning, and incentives on a singular goal of value creation. Drawing on nearly three decades at Vulcan and as a board member, the conversation covers why traditional lookbacks often stifle investment, why rolling targets and economic profit improve accountability, and the importance of designing consistent, transparent incentives that foster an ownership mindset. This episode can help corporate leaders seeking to embed a value framework into everyday business decisions.

    31 分钟

  5. 7月8日

    The hidden metric behind long-term shareholder value

    This podcast features the second installment of our LinkedIn Live series on how economic profit drives long-term value creation. Fortuna partners Greg Milano and Marwaan Karame discuss how Residual Cash Earnings (RCE) improves upon earlier economic profit models—most notably EVA. Greg shares how his experience with EVA, and later with Credit Suisse’s HOLT framework, led him to identify a key flaw: depreciation was distorting performance, encouraging companies to “sweat assets” and underinvest. RCE treats depreciation differently, restoring the incentive to invest appropriately. Importantly, RCE is also simpler to use and implement, requiring far fewer adjustments than EVA. Research shows that these improvements lead to RCE tracking better with shareholder returns, which means a stronger alignment between the interests of management and long-term investors.

    36 分钟

  6. 6月24日

    Michael Mauboussin on valuation, capital allocation, and competitive advantage

    Valuation virtuoso, Michael Mauboussin, joins us to explore the core drivers of long-term value creation. We explore how valuation multiples are often misleading, why the rise of intangible assets requires new valuation frameworks, and how investors and corporate managers alike can better evaluate strategy and competitive advantage. We cover practical frameworks on capital allocation, sustainable competitive advantage, and why truly understanding economic fundamentals is key to avoiding “value traps.” This episode is a must-listen for finance professionals, executives, and serious investors. Michael is Head of Consilient Research at Counterpoint Global, a Morgan Stanley Investment Management fund and a finance professor at Columbia Business School.

    43 分钟

  7. 6月10日

    Joe Milam on data-driven decision-making and behavioral finance principles

    Joe Milam, founder of AngelSpan and The Legacy Funds, joins the podcast to discuss how behavioral finance principles improve decision-making for corporate managers and investors alike. Milam critiques the current chaotic, informal funding environment for startups and introduces his Venture TAMP platform, which applies disciplined public-market strategies—like the Kelly Criterion and standardized reporting—to early-stage investing. He emphasizes reducing bias, improving transparency, and optimizing capital allocation to support innovation. The conversation spans topics like barriers to corporate innovation, portfolio theory, and how data-driven decision-making often outperforms human intuition in venture and public markets alike.

    35 分钟

  8. 5月27日

    Driving outperformance: the power of economic profit

    Fortuna partners Greg Milano and Marwaan Karame highlight how economic profit (EP) drives superior decision-making, cultural alignment, and, ultimately, value creation. Unlike traditional metrics like ROIC or EBITDA margin, EP reflects the true value a company creates—profit earned above the cost of capital. Their research shows that companies embedding EP into planning, decision-making, and incentives outperform the market by 7% annually. Real-world examples, such as Kimball Electronics and Varian Medical Systems, illustrate how adopting EP can trigger profitable growth, foster an ownership mindset, and lead to better capital allocation and portfolio optimization decisions. EP encourages better behaviors like smart spending and risk-taking, focused prioritization, and long-term thinking.

    29 分钟
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关于

Founder and CEO, Greg Milano, of Fortuna Advisors interviews leading executives, board directors, investors and other experts to discover how they've helped Create More Value for stakeholders and shareholders alike through capital deployment and allocation, mergers and acquisitions, corporate culture, executive compensation, investor activism, ESG and emerging opportunities like artificial intelligence that could change everything.

信息

  • 创作者
    Fortuna Advisors LLC
  • 活跃年份
    2024年 - 2025年
  • 单集
    45
  • 分级
    儿童适宜
  • 版权
    © 2025 Create More Value
  • 节目网站
    Create More Value

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