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 … [ Read more ]
Content: Article | Authors: Rainer Strack, Ulrich Villis | Source: “European Management Journal” | Subjects: Finance, Management