Revolutionizing Productivity: Gross Value Added Key Indicator for Enterprise Success
The article discusses how traditional indicators like output and profit may not accurately reflect enterprise productivity. It suggests using gross value added as a better indicator, as it considers the value created by the enterprise itself. This approach can help assess economic activity at different levels and ensure sustainable development by recognizing the importance of intellectual capital alongside physical and financial assets. Gross value added is crucial for understanding the overall performance of enterprises and meeting the needs of employees, owners, and the state.