Many companies have introduced new value-based methods such as the EVA™ 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 (RAVE™) for managing human capital (Workonomics™), customer capital (Custonomics™) and supplier capital (Supplynomics), all in a value-oriented and quantitative way.
Editor's Note: this is one of the best articles I have read recently and I strongly recommend it...
Subject(s): Finance, Management
Source(s): European Management Journal
Author(s): Rainer Strack, Ulrich Villis (BCG)
Posted: 2005-07-14
# Views: 162