Implementing The Eva Business Philosophy

Economic Value Added - das EVA-Konzept - wurde von der Beratungsfirma Stern Stewart & Co. entwickelt. Es ist ein effektiver Maßstab zur Messung der finanziellen Performance eines Unternehmens und ist eng mit dem Shareholder-Value-Ansatz verbunden. Darüber hinaus kann mit Hilfe von EVA -Berechnungen auch eine Unternehmensbewertung durchgeführt werden; ein positiver EVA-Wert bedeutet einen Wertzuwachs, ein negativer hingegen einen Wertverlust. "The EVA Challenge" erläutert, wie man EVA implementiert - angefangen bei der Schulung von Angestellten bis hin zur Beantwortung und Lösung der häufigsten Implementierungsfragen und -probleme, denen Unternehmen begegnen. Diskutiert wird komplett neues Material zu 'real options', 'leveraged stock options' und anderen wichtigen Finanzkonzepte für Unternehmen der New und der Old Economy. Mit zahlreichen Fallbeispielen aus der Unternehmenspraxis.

Economic Value Added (EVA) and Value Based Management (VBM) are today’s hottest management buzzwords. But written information has often been biased and clouded by the authors’ hidden agendas. EVA and Value-Based Management is the first book to unflinchingly discuss the pros and cons of EVA and VBM. Covering both implementation and conceptual issues, with a strong emphasis on performance measurement, value drivers, and management compensation, it allows readers to come to their own informed conclusions.

Peter Drucker has introduced us all to the knowledge era, where knowledge is the primary resource and intangibles (intellectual capital resources and assets) are now largely recognized as the most important sources of organizations' competitive advantage. With the recognition of the importance of Intangibles comes the problem of how to properly identify them and assign them a value within the corporation. This is an area of concern in 5 fields: 1) accounting and financial reporting, 2) performance measurement and management, 3) valuation in the finance field, 4) the Human Resources field in terms of management, strategy, and planning, and 5) Intellectual Capital. Over the past eight years, over 25 methods have been proposed for the valuation of intangibles coming out of these 5 fields. In this book, Andriessen evaluates 25 existing methods of intangible valuation according to highly developed criteria. In performing his evaluations, Andriessen synthesizes the state of the art research from these fields based on extensive research. He then presents his own method for valuing intangibles, which he began developing and testing as a Senior Manager at KPMG Knowledge Advisory Services in The Netherlands. He relates six case studies in which this method was tested in actual companies, carefully reviews the results of his tests, and then concludes by offering a new and improved method for valuing intangibles in his Weightless Wealth Toolkit, a complete step-by-step process for identifying, valuing, and managing Intangibles to help managers operate successfully in the Intangible Economy.

Applying Care Ethics to Business is a multidisciplinary collection of original essays that explores the intersection between the burgeoning field of care ethics and business. Care ethics is an approach to morality that emphasizes relational, particularist, and affective dimensions of morality that evolved from feminist theory and today enjoys robust intellectual exploration. Care ethics emerged out of feminist theory in the 1980's and the greatest contribution to moral analysis among Women' Studies scholars. Today, feminists and non-feminist scholars are increasingly taking care ethics seriously. Applying care to the marketplace is a natural step in its maturity. Applying Care Ethics to Business is the first book-length analysis of business and economic cases and theories from the perspective of care theory. Furthermore, given economic turbulence and the resulting scrutiny of market practices, care ethics provides fresh and timely insight into ideal business values and commitments. In many ways, care ethics’ emphasis upon connection and cooperation as well as the growth and well-being of the other make it appear to be the antithesis of the corporate character. Nevertheless, many contemporary theorists question if traditional moral approaches based on autonomous agents is adequate to address a shrinking and interconnected world—particularly one that is marked by global markets. Applying Care Ethics to Business offers a unique opportunity to rethink corporate responsibility and business ethics.

Vedanta Philosophy of Management is the modern need of the changing world order in these days of technological innovation and gigantic size of business organizations. Keeping in mind the objectives of sustainable development goals (SDGs) five Chapters are devoted in this volume, to increase human competency building, enhance capabilities, and to bring in creativity to strengthen human living parameters in terms of Vedanta management thought and the Vedic work practices. Chapter 1 deals with “Introduction to Vedanta Management Thought” to understand the framework of Vedanta management and to find-out the means and ways for human resource development (HRD) potentials through Vedanta philosophy, along with backdrop analysis of business process reengineering (BPR) paradigms in confining issues pertaining to organizational effectiveness as well as environmental sustainability. Effective leadership qualities are narrated in sparkling manner to strengthen managerial professional ethics, administrative excellence building norms, bring in positive social change in terms of Vedic work ethics and code of conduct. Hence, this Chapter enlightens on various postulates of global development initiatives through Vedanta practices of management to finding out the true nature of management and its significance in the present day changing world order in scientific temper of thought. Applications of Vedanta knowledge in organizational activities are synthesized with the Vedic work principles to uplift human beings from pathetic social sufferings. As such, quality circle fundamental issues are stressed with equanimity of work and equipoise nature of performance for supplementing human growth related paradigms in ‘path-goal’ relativity approach. Chapter 2 deals with “Vedanta Management and Theory of Work” to work-out judicious relationship between organizational activities and human development strategies in relation to organizational dynamicity, managerial vision of work, etc. with goal directed initiatives. As such, this Chapter especially considers the Vedanta principles of management with the Vedic rules of work practices, in coagulating tools and techniques of human dynamic behavioral postulates for enhancing human competencies building to commensurate transformational social change with transcendental approach. Hence, theory of work is given special priority in organizational activities in terms of Vedanta mission, to incorporate management practices in regard to human existential freedom of living. Chapter 3 deals with “Vedanta Management and Theory of Knowledge” and furnishes the principles of human creative innovational thought for illuminating production function related activities, to enlarge organizational effectiveness in terms of theory of knowledge and managerial excellence building process. Here, universal brotherhood has been considered sincerely for exposition of the fundamental rules of Vedanta management in realities of management, to eradicate social poverty with interface between managerial knowledge and values of work. It has provided a paradigm shift of knowledge to social emancipation process of human beings for world class citizenship in terms of administrative skills. Thus, this Chapter provides a new managerial perspective on international understanding with human cooperative endeavors; so that Vedanta management helps to match resources in matchless way to reduce gaps between haves and have-nots, for bringing human solvency as well as salvation of life. Chapter 4, analyzes “Vedanta Management and Theory of Devotion” to relate organizational work ethics with leadership qualities in bringing world unity, social integrity and human self-sufficiency. Thus, this Chapter elaborates the issues of the integral concept of humanity in relation to work and knowledge as the pyramid of social reconstruction, in confining organizational work ethics to areas of radical social reconstruction through devotional qualities of modern organizational leaders, and therefore, human growth and social sustainability is explained in relativity approach to amplify the reasons for increasing human capacity building with devotional managerial qualities at organizational structure, to enrich the pillars of modern organizations. As a whole, this Chapter is attempted to discuss primarily qualities of devotion in management and its necessity for attaining the goal of organizational work efficiency. Thus, this Chapter has established relativity between work and devotion to uproot the principles of Vedanta in management, so as to know clearly the devotional practice of work philosophy in bringing universal peace and eternal concept of human living through Vedanta management techniques. Thus, managerial guidelines are provided for effective organizational rolling in making pious social journey with knowledge-base intercepts towards the existential autonomy of humankind. Chapter 5 discusses on “Vedanta Management for International Understanding” to reflect international cooperative business environment with the help of management vision. It explains analytically the fundamental thoughts of financial solvency through Vedanta techniques of derivative management system. This Chapter further deals with international human cooperation building measures in terms of Vedanta system of management, to enumerate various business policies at international level. Technological upgrading principles and practices at international level have been found to be the corner-stone of Vedanta management process, and therefore, we have exemplified with decisive factors – how to choose technology at the present set-up of the world business changing scenario for human empowerment, in bringing world equilibrium at economic frontiers. Accordingly, we have analyzed the reinventing policies of Vedanta management for international production quality enhancement program in realizing the goal of service delivery mechanisms of the global organizations. Enrichment of intellectual property for managerial value addition to the society has essentially been occupied important place in our discourses through Vedanta management objectives, for the purpose of valuable studies on international market driven competitive advantages as well as price mechanism behavioral prudence to global business environment of international organizations, for which administrative effectiveness has been put forward as proactive goal of managerial guidance at international standard, to illuminate the picture of good governance philosophy. All the Chapters have been interpreted in scientific manner with appropriate examples for confining human development related postulates in relativistic assumptions of sound organizational structure. Vedanta management ideologies are thus enumerated to uproot the ultimate goal of human society. Focus on the Vedanta techniques on overall study reveals – how managerial effectiveness will be enhanced through ‘path-goal’ relational approach of management, to augment scientific viewpoint on matters like, organizational strategy, social dynamicity and human capacity building for the purpose of world peace, global tranquility and human existential freedom of living. The volume is the first and new one as an innovative technique of social business reengineering process for creative managerial guidance to the effective cause of development of human resources as well as leadership goal of organizational life-style, in the changing phase of technological society and global order of the twenty-first century.

In Economic Logic, Mark Skousen offers a step-by-step approach to economics showing how microeconomics and macroeconomics are logically linked together. The fully revised fifth edition introduces a major breakthrough in macroeconomics: a "top line" in national income accounting called Gross Output. Also included: a powerful four-stage universal model of the economy, a new "growth" diagram, a new diagram of the optimal size of government, and new alternatives to the standard Aggregate Supply and Aggregate Demand curves. Economic Logic is also the first and only textbook to begin with a profit-and-loss income statement to demonstrate the dynamics of the economy. To aid students in comprehending the economic lessons, many other disciplines are integrated into the study of economics, including finance, business, marketing, management, history, and sociology.