February 6, 2017

HBR: Time, Talent & Energy

Eric Garton sent some love (just in time for Valentine’s Day) to Human Resources in an article in the January 2017 issue of the Harvard Business Review.

Garton, leader of the Bain and Company’s firm’s Global Organization practice, recently took a look at what makes high-performing companies tick. And his research uncovered that human capital is their greatest competitive advantage – that is, if time, talent and energy are harnessed effectively. HR has a huge role to play in unleashing the productivity and economic value of every company’s human capital. And here are some stats that prove the point.

HR plays unique role in maximizing a company’s other major source of capital – human capital.

The average company loses 21% of its productive power to time-wasting interactions.

What you can do: “shine the spotlight on factors that create time-based losses, or what we call organizational drag.”

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The best companies get a 29% boost in productivity from their talent.

What you can do: “ensure that talent is appropriately deployed, teamed, and led by inspirational leaders.”

The most energetic employees — who we would call “inspired” — were more than two times as productive as a merely “satisfied employee”.

What you can do: “Help the company aim higher when it comes to employee engagement.”

To read the full article visit Harvard Business Review.

HBR: Time, Talent & Energy

HR plays unique role in maximizing a company’s other major source of capital – human capital.

Calculate Turnover Costs at Your Dealership

Brett Safford

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