5 Moves Toward Better BPM
Best practices in business performance management often start as a grassroots movement. The companies most likely to succeed take five basic actions.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subjects: Finance, Management
Measures of the Future
While CEOs realize they can count on financial executives to know the value of the company’s tangible assets, they may not be so sure that their CFO has a firm grasp on how the company stacks up when it comes to intellectual capital, new product effectiveness or relationships with customers. If you haven’t made any effort in measuring the value of these assets, maybe it’s … [ Read more ]
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subjects: Finance, Management
The Devil’s in the Details
No single set of EVA metrics works well for all companies. The metrics you need depend on your organization’s specific strategies for increasing value.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subjects: Finance, Management
The Holy Grail of Shareholder Value Measurement
Few dispute the value of EVA as a performance measure, but some companies think that other metrics correlate more closely with long-term shareholder returns. However, if you’re looking for one perfect measure, you’ll likely be disappointed. Here are the pros and cons of the most commonly used metrics.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subjects: Finance, Management
Capitalizing on Economic Value Added
EVA is a measurement tool designed to strengthen companies’ return on capital investments. A study of best practices in EVA reveals that the metric can help reduce capital costs and improve gross revenues.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subjects: Finance, Management
Gilding the Supply Chain
Collaboration among manufacturers, suppliers and customers is helping companies drive excess costs out of the supply chain. Mutual trust and accurate cost accounting are the critical links.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subjects: Accounting, Operations