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.
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Content: Article | Authors: Rainer Strack, Ulrich Villis | Source: European Management Journal | Subjects: Finance, Management