The methods of Real Options offers corporate decision makers the ability to assess the profitability of their ventures and decide which avenue of expansion or investment to go down and, crucially, when to take that leap. Given the volatility of today's fast-changing, new economy, Real Options is rapidly becoming an essential management tool for many managers and executives.
Co-written by a leading expert and bestselling author, this book takes you on a journey through Real Options - from the basics of what they are and how to implement the ideas, through to more advanced topics (such as options and game theory, managing portfolios of options). Through detailed examples and case studies, the book provides expert guidance on how to implement the methods to maximising investment opportunities by utilising uncertainty as an asset and reducing downside risk.
Ultimately, by adopting Real Options methods, and thus creating flexibility in decision-making, managers and companies can transform the ever-moving corporate landscape into a strategic weapon to their advantage.
