Realizing the Value of People Management
Last month the Boston Consulting Group, #2 on the 2012 Best 카지노 커뮤니티 추천 to Work For® list, released the white paper
Now the good stuff- which HR areas have the most impact on the bottom line, and what this means for you:
First, let me start off by saying that it is extremely meaningful that there were significant results in all but one areas. What this means is that companies with well-rounded people practices will ultimately prove to be the biggest winners when calculating the benefits down the line. Having said that, there were a few people practices that did outperform the others.
- Talent Management
카지노 커뮤니티 추천 capable in recruiting and onboarding new hires experienced 3.5 times the revenue growth than companies that reported being less capable in this area. Hint: Diversify your talent base and attract international employees. - Leadership Development
Capability in leadership development resulted in 2.1 times the revenue growth. Hint: Provide leadership objectives and talent development activities for employees, and promote management based on their people-development skills. - Performance Management and Rewards.
카지노 커뮤니티 추천 capable in performance management had 2 times the average profit margin than companies that reported being less capable. Hint: Clear guidelines on what is and is not acceptable, and the rewards for stellar performance, is the best predictor of employee success.
The Boston Consulting Group has made the Best 카지노 커뮤니티 추천 to Work For list seven years running (2006-2012). Not only have they successfully built an outstanding workplace culture, they have managed to sustain their people practices and company culture throughout the economic downturn. Coming in at the #2 spot on the 2012 list, they are an excellent source for best practices that any company can begin to implement today.
Take away: 카지노 커뮤니티 추천 that invest in their people will experience greater revenue growth and higher profit margins than that of their peers.
Homework: Read the
