What If Companies Managed People as Carefully as They Manage Money?
Harvard Business Review
MAY 24, 2017
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. When Caesars Entertainment, a gaming company, reorganized operations in 2011, the senior team not only developed a database on the performance and the potential of the company’s top 2,000 managers but also analyzed the ability of the top 150 to take on new and different jobs.
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