Cost of Capital Operations Price ROIC 
Harvard Business Review
MAY 24, 2017
But today’s great CEOs need to be equally great at managing human capital. How can we manage human capital better? A veritable alphabet soup (ROA, RONA, ROIC, ROCE, IRR, MVA, APV, and the like) exists to measure our financial capital. Invest human capital just like you invest financial capital.
Harvard Business Review
FEBRUARY 7, 2011
We will define skill as "the ability to use one's knowledge effectively and readily in execution or performance" and luck as "events or circumstances that operate for or against an individual." Take, for instance, a group of companies that currently have high returns on invested capital (ROIC). The first is to define the terms.
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