Return on Invested Capital
I was working on a project, looking at business trends over time and it made me think about training. Early on there was a very large growth phase. Profitability will drive growth, but growth will decrease profitability. This is where the connection to training came in. This project was looking at return on equity (ROE) and how profitability, efficiency, and leverage were driving it. As a company grows and profitability begins to decline, that is where there probably should Read More