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Author: | Schneier, R. |
Title: | People value added: the new performance measure (Bewertungsmethode; Betriebliche Produktivität) |
Journal: | Strategy and Leadership
1997 : MAR-APR, VOL. 25:2, p. 14-19 |
Index terms: | |
Freeterms: | PERSONALKOSTEN, RETURN ON CAPITAL, KOSTEN NUTZEN ANALYSE |
Language: | eng |
Abstract: | People value added (PVA) is an economic measure of productivity and organization effectiveness. It is a ratio that measures value created relative to the capital investment in human resources. Human capital plays a pivotal role in a company's value creating mechanism, but most economic value measures do not take investments in human capital into account. The author proposes PVA, a new measure of current organizational productivity and economic effectiveness and a predictor of future success. |
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