Management & Excellence (M&E) was founded in 2001 with the support of IE Business School, one of Europe´s top management education institutions. M&E specializes in calculating and raising the ROI of human capital via its SMART ROI(TM) service (www.smart-roi.com). M&E has conducted over 120 client projects with a total project value of $5 billion over the past 12 years and is a pioneer in the field. Human capital is the source of 85% to 98% of all financials of a company and includes all processes ranging from training to governance and marketing. M&E is known for its particular expertise in aviation and financial services. M&E operates in New York, Sao Paulo, Madrid and Hong Kong.