Stern Stewart & Co.
VAULT RANKINGS 2012
Headquarters: New York,
NY
7 offices
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ABOUT THIS COMPANY:
The virtue of value
The advice that Stern Stewart & Co. gives to clients is built around EVA (economic value added) and VBM (value based management), extending into value based strategy, value based incentive compensation and value based operations. EVA is a term that gets thrown around by a lot of people these days, but it all began at Stern Stewart. Let’s be very clear—if you don’t believe in EVA, then this is not the firm for you. If you do, though, you won’t be alone. Hundreds of companies have adopted Stern Stewart’s EVA methods and ideas, including Best Buy, Briggs & Stratton, Credit Suisse, Coca Cola, Goldman Sachs, Herman Miller, Hertz, Grupo Modelo (the makers of Corona beer), Morgan Stanley, Siemens, Sony, the U.S. Postal Service, Whole Foods and the Williams Companies. The firm likes to stick with these clients for the long haul too—it believes that six months to three years might be necessary to fully internalize its methods.
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