Our proprietary Economic Value Added (EVA^®) based financial management system is a prime example of our ability to translate theoretical concepts into practical tools that help corporate executives make better strategic, operational and financial decisions. EVA^® is a form of what economists call residual income, meaning that it is a measure of the profit that remains after earning a required minimum rate of return on employed capital. Mathematically, EVA^® is the equivalent of free cash flow, an accepted standard measure for the valuation of businesses.

But EVA^® is a much more powerful tool than free cash flow (itself the creation of Joel Stern), as EVA^® can be used to evaluate strategies, business and product portfolios, measure annual, quarterly, or monthly performance, allocate capital, price acquisitions or divestitures, restructure balance sheets, and serve as the basis for incentive compensation. EVA^® is generally considered the value-based standard of corporate governance and performance globally.