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RAVEÂ™: Integrated Value Management for Customer, Human Supplier and Invested Capital (PDF)

Many companies have introduced new value-based methods such as the EVAÂ™ or CVA concept for strategic and operational control. However, they are still strongly focused on investment capital. This article presents a new, integrated value management concept (RAVEÂ™) for managing human capital (WorkonomicsÂ™), customer capital (CustonomicsÂ™) and supplier capital (Supplynomics), all in a value-oriented and quantitative way.

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Subject(s): Finance, Management

Source(s): European Management Journal

Author(s): Rainer Strack, Ulrich Villis (BCG)

Posted: 2005-07-14

# Views: 131