Perth Leadership Institute Announces Updated White Paper on Innovator Financial Styles and Financial Performance
White Paper Links Executives’ Innovator Financial Styles to Profitability and Competitive Superiority
(Gainesville, Florida, July 10, 2007) The Perth Leadership Institute (http://www.perthleadership.org/), the industry leader in business acumen assessment and development programs, today announced the availability of its updated White Paper into the innovator financial styles of executives. The White Paper sets out a new approach to identifying and developing executives with innovator financial styles that are most likely to have a high commercial impact, using formal assessment instruments developed by Perth.
The research is based on the book by Dr. E. Ted Prince, Founder and CEO of the Institute, entitled The Three Financial Styles of Very Successful Leaders, published by McGraw-Hill in 2005.
According to Dr. Prince, “We have updated and re-released this paper due to overwhelming response to it. It sets out a new approach to innovation. Rather than just focus on innovation processes, companies need also to identify the innovator financial styles of the leaders and managers of innovation programs. As the White Paper shows, having innovative managers is not enough. They must also have an innovator financial style that will result in a commercial impact. Their innovation performance can be improved by showing them how their behavior is linked directly to company profitability and valuation.”
The Perth Leadership Institute has developed new leadership assessments based on its research. These form part of its financial performance training and improvement programs for executives. These include its individual, team and C-level financial performance programs.
Perth has already announced the release of its Financial Outcome Assessment™, an online instrument which assesses the business acumen of executives and managers and shows them how to develop it.
The Perth Leadership Institute was founded in 2002 in Gainesville, Florida, by Dr. E. Ted Prince to carry out research into the linkages between behavior and company financial outcomes. Its programs are targeted at executives and managers and are used for leadership and executive development, talent management and to improve individual and team financial performance at the middle and senior levels of organizations.
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