What If Companies Managed People as Carefully as They Manage Money?
Harvard Business Review
MAY 24, 2017
A veritable alphabet soup (ROA, RONA, ROIC, ROCE, IRR, MVA, APV, and the like) exists to measure our financial capital. We run Monte Carlo simulations to evaluate various returns under uncertainty. But today’s great CEOs need to be equally great at managing human capital. How can we manage human capital better? Measure it.
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