Remove Human Resources Remove Net Present Value Remove Present Value
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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Financial capital is assumed to be virtually unlimited, while certain types of human capital are in short supply. Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select. Risk is now considered a feature, not a bug.

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The Big Trends Changing Community Development

Harvard Business Review

Managers have embraced this kind of thinking not because they have taken a “be nice” pill, but rather because they see that truly effective community programs reduce community risk, and thereby increase the net present value of their assets in developing and fragile states.

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