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Even for Companies, the U.S. Is Split Between Haves and Have-Nots

Harvard Business Review

companies’ return on invested capital (ROIC), and compare it with economy-wide ROIC estimates constructed by Deloitte. Economywide ROIC has trended downward since the 1980s, falling from above 6% in the mid-1960s to 5% in 1980, then to 3% in 1990, and to only a bit more than 1% by 2010. An increasing number of U.S.

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

Harvard Business Review

According to Bain’s Macro Trends Group, the global supply of capital stands at nearly 10 times global GDP. A veritable alphabet soup (ROA, RONA, ROIC, ROCE, IRR, MVA, APV, and the like) exists to measure our financial capital. Financial capital is relatively abundant and cheap. How can we manage human capital better? Measure it.