Viva EVA The EVA Challenge: Implementing Value-Added Change in an Organization By Joel M. Stern and John S. Shiely John Wiley & Sons, 2001, $29.95 Economic value added (EVA) is not a new concept, nor is it short on big-name adopters (among them The Coca-Cola Co., Siemens and the U.S. Postal Service). What has been lacking is a how-to guide for chief executives who want to customize and implement an EVA program in their own organization. As a discipline, EVA not only helps companies measure financial performance in a way that’s more accurate and relevant to shareholders than, say, earnings per share (EPS), it also changes corporate priorities. This book is a readable discussion of the three systems?measurement, incentives and financial management?essential to any EVA program. It provides an implementation road map, discusses potential pitfalls, answers common questions and gives recipes for success with the real-world examples. The authors occasionally bog down in excessive explanations of basic business concepts. And they tend to describe EVA as a methodological nirvana. Yet most of their discussion is concise, relevant and practical. If you think EVA may be on the horizon for your organization, make sure you read this book. ?Katherine NoyesAnd…. The Passion Plan at Work: Building a Passion-Driven Organization By Richard Y. Chang Jossey-Bass, 2001, $24.95 Yes, yes, all companies should be steered by a big purpose. Let the heart prevail; Ben & Jerry’s?that’s the goal. Although my inner cynic demurs, there might still be hope. Slip a copy of this book into your CEO’s briefcase. And retitle it Making Big Changes in Small Minds at the Top. ?Janice Brand CIO Best-Seller List5. The HR Scorecardby Brian E. Becker, Mark A. Huselid and Dave UlrichHarvard Business School Press, 2001 4. Creative Destruction by Richard Foster and Sarah KaplanDoubleday, 20013.Now, Discover Your Strengths by Marcus Buckingham and Donald O. CliftonThe Free Press, 20012.First, Break All the Rulesby Marcus Buckingham and Curt CoffmanSimon & Schuster, 19991.Who Moved My Cheese?by Spencer JohnsonThe Putnam Publishing Group, 1998Source: April 2001 data, compiled by Amazon.com, SeattleWhat They’re ReadingJim Woolen, executive director and CTO, Gwinnett County (Ga.) Public Schools Spencer Johnson, Who Moved My Cheese? (The Putnam Publishing Group, 1998) “While this is not a new book, its parables about change were timely reading [for me because] my organization is undergoing dramatic change. CIOs must be change agents, not merely custodians of the infrastructure.” Chris Anne Wheeler, executive partner, ActivMedia Research, Peterborough, N.H. “In today’s volatile business environment, Who Moved My Cheese? helps keep you focused on the ultimate prize. I often think about the reminders it gave me.”Editor’s note: While professional reviewers have been less than approving, it’s clear that readers find a lot to like in Who Moved My Cheese? In the three years since its publication, it has sold more than 4 million hardcover copies and has come out in paperback, audiocassette, CD-ROM, and foreign-language, large print and Braille editions. And it has inspired at least two parodies. Related content brandpost The steep cost of a poor data management strategy Without a data management strategy, organizations stall digital progress, often putting their business trajectory at risk. Here’s how to move forward. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Jun 09, 2023 6 mins Data Management feature How Capital One delivers data governance at scale With hundreds of petabytes of data in operation, the bank has adopted a hybrid model and a ‘sloped governance’ framework to ensure its lines of business get the data they need in real-time. By Thor Olavsrud Jun 09, 2023 6 mins Data Governance Data Management feature Assessing the business risk of AI bias The lengths to which AI can be biased are still being understood. The potential damage is, therefore, a big priority as companies increasingly use various AI tools for decision-making. By Karin Lindstrom Jun 09, 2023 4 mins CIO Artificial Intelligence IT Leadership brandpost Rebalancing through Recalibration: CIOs Operationalizing Pandemic-era Innovation By Kamal Nath, CEO, Sify Technologies Jun 08, 2023 6 mins CIO Digital Transformation Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe