SkillThing in the Boardoom

With over 70% of Fortune 1000 CEOs viewing human capital development as a strategic component of their business, it is clear that employees are expected to add value to that company. Why then not recognize that better people can actually create additional profit? Many organizations are only expecting administrative excellence from their human resources managers instead of asking them to look how their human capital could create additional profits – as a result of better sales, stronger competitiveness and higher efficiency.

"A primary challenge facing almost every organization today is quantifying human capital investments and their effect on shareholder value. While organizations typically spend between 35% and 60% of their total operating budget on human capital, few companies treat human capital dollars as investments with the power to impact business results."

The Human Capital Institute