What If Companies Managed People as Carefully as They Manage Money?

Harvard Business

Time, whether measured by hours in a day or days in a career, is finite. Finding, developing, and retaining this talent is hard — so much so that the business press refers to a “war” for talent. A veritable alphabet soup (ROA, RONA, ROIC, ROCE, IRR, MVA, APV, and the like) exists to measure our financial capital. Historically, successful investment of financial capital can make someone’s career. Vincent Tsui for HBR.

ROCE 47