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The two most important things in any company do not appear in its balance sheet: its reputation and its people.Henry Ford

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Profit Beyond Measure

Profit Beyond Measure

Rather than defend performance-based management , this book militates for a more harmonious approach based on continuous optimization of business operations, and describes how ""resource-based management"" can actually produce superior results over time.

Author(s): Johnson H. Thomas, Anders Bröms

Publisher: Simon & Schuster

Date of publication: 2000

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Profit Beyond Measure"" shows that management by quarterly financial results generates huge hidden costs. The authors instead recommend management by means, an approach used by Toyota and Scania. They show how focusing on operational improvement produces better long-term results.