If ROI is not the right measure of business value, then what is?
Ultimately, in a capitalist economy the duty of a corporation is to return value to its owners. Some writers have argued that the only way to deliver on this goal is to manage to it directly, rather than using proxy metrics like ROI. Such an approach is referred to as “Management by Value” or the “Shareholder Value Approach.” According to this way of thinking, managers aim at making investments that maximize Market Value Added (MVA) or Shareholder Value Added (SVA). The technique is described well in books on valuation by Alfred Rappaport1 and Tom Copeland.2 To maximize ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month, and much more.
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
