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

Harvard Business

According to Bain’s Macro Trends Group, the global supply of capital stands at nearly 10 times global GDP. Time, whether measured by hours in a day or days in a career, is finite. 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 46