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Topic: |
Business
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Number of pages / Number of words: |
8 / 2200 |
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Second, the creation of value is not measured by financial accounting metrics. Because the nature of these metrics is to report on only the costs of past actions, little indication is provided of what value investors and other stakeholders will place on the actions of management to change future events, especially those considered to be long-term...
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Investment in employee training programs is a prime example because although traditional measures show the cost of training, the benefits are not directly quantified. Third, managers need to understand what factors drive success in their organizations-again something that traditional financial measures do not help managers do...
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