Practical definition of EVA in controlling

• Usually companies do not really need all the complicated adjustments to EVA which originally belong to the consept created by Stern Stewart & Co
• EVA should be simplified to a degree that it is easily explained to employees and easily calculated in daily reporting as long as it does not cause any steering failures
• Following slides (slide 4...) present how EVA can be defined in practical controlling and reporting (the following two slides (2,3) are only to remind the basic procedure of calculating EVA)