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A Better Metric for the Value of a Worker Training Program

Harvard Business Review

We need to adopt something similar to a “total cost of ownership” (TCO) analysis. Now common in industry, TCO considers both direct and indirect costs over time. That makes getting basic information next to impossible. CPED, by contrast, provides a simple and effective way to measure performance.

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How I Learned the Hard Way That Aging Technology Is Expensive

Harvard Business Review

Then the family's CFO, my wife, who also happens to be a CPA, demanded to know their TCO. That's because, like many CIOs, I hate buying technology that loses a significant part of its value as soon as it's delivered. I figured these computers couldn't possibly depreciate much further. First, I added the $58 acquisition price to the $58.36