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In the off-trade, Tennent's sales declined by 16%, which the group said was a result of its "pursuit of value growth".
BBC: Tennent's lager 'outperforming on-trade market'
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The single-minded pursuit of shareholder value, measured over the short term, has been enormously destructive for strategy and value creation.
FORBES: Michael Porter on Why 'Best' Isn't the Right Goal
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Pursuit of maximizing shareholder value at Boeing led to offshoring that has caused massive damage to shareholder value.
FORBES: The Boeing Debacle: Seven Lessons Every CEO Must Learn
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Signature programmes include Beyond Grey Pinstripes, a global data base and report card on MBA business education, and the Corporate Values Strategy Group, a forum for business leaders to promote change in policy and business practice in pursuit of long-term value creation.
FORBES: Social Intrapreneurs: Disruptive Innovators on the Inside
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Sacrifice is the pursuit of a lesser, or non, value over a greater value.
FORBES: Self Interest: The Most Life Enhancing Driver of Them All
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The Senate panel report contains some elements that further demonize health insurers and their pursuit of profits, so we would recommend value investors abstain from buying these stocks.
FORBES: The Games HMOs Play
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Therefore, their goal is to grow the value of the company, which they do through the pursuit of favors and preferences from government, or by protecting their businesses from destructive state action.
FORBES: Berezovsky vs. Abramovich: Insecure Oligarchs Spell Bad Russian Economy
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But one has to wonder, at what point does the sacrifice cease to have any value for the advancement of science and simply become the pursuit of hardship for its own sake?
WSJ: Mars One and the Scientific Embrace of Suffering
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Better value generation through a broader application of risk management capabilities to support decision making and the pursuit of business opportunities.
FORBES: Analytics May Help Insurers Confront New Risk Environment
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But many reasonable people can agree that improving the value of tainted land while also streamlining the permitting process for worthy projects is a noble pursuit.
FORBES: Green Energy Won't be Soiled