Hardwire measurable management skills (Hard and soft) into appraisals.
In 2002 Watson Wyatt Worldwide published that company with effectively rewards and clear accountabilities received up to a 16.5% increase in share holder value. The 2001/2002 follow-up HCI study compared a group of companies at two different times. Doing a better job of rewarding employees for good work - and refusing to accept sub par performance - can earn a company a 16.5 percent higher market value. The study found that superior human capital practices are a leading indicator of superior financial results.
What is the evidence that:
- Management is adding value - not destroying it?
- They are aligned around a common vision?
- They know what they need to do to ensure Human Capital earns a good return on investment (ROI)?
- Do they bring the best out in their staff?
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