Traditional business practice undervalues human capital, and most conventional accounting models reflect this inclination. The argument for more explicit measurements of human resources is simple: Improved measurement of human resources will lead to more rational and productive choices about managing human resources. The business community is…

Investments in technology and the number of workers using computers are growing quickly and at an increasing rate. From 1990-1995, investments in computers and related equipment tripled. Real (inflation-adjusted dollars) investments in computers and peripheral equipment increased from $200 million in 1973 to $91.6 billion in 1995. Increasing…