Focusing on the core value levers companies can apply in the decision and design phase of capital investments, this book is the first to cover this topic in a holistic, practical, and strategic manner, and is based on McKinsey’s extensive industry analysis and research. The book comprehensively examines the challenges in making decisions on capital investment. It includes many examples from seven asset-heavy industries: Utilities, Oil & Gas, Telecommunications, Transportation & Logistics, Chemicals, High Tech, and Automotive. Executive-level decision makers will appreciate this innovative toolbox for increasing return on assets.