In this article the growing popularity of economic value added (EVA) is addressed. It discusses why managers are turning to EVA as a performance metric, how EVA is used by companies, and the problems that typically arise in implementing it. The accounts of Rhône-Poulenc are used to demonstrate...

The authors report the results of a recent large study of corporate centre transformation: a question which is often an early priority when a new chief executive takes office. This article summarises their approach to corporate centre design which maximises value creation. Recognising that there...