You probably don’t need reminding, but people programmes create real value. Recent research has shown that an effective talent management programme creates 22% greater shareholder return and a clear succession plan can increase stock value by 7% in two weeks. And the costs of getting it wrong can be measured too. For example it is estimated that £24bn is spent each year in the UK alone managing poor performers.
People isn’t a soft issue, it’s a hard issue, doubly hard in fact. It creates real, tangible, hard value and it’s hard to get right!
But when you get it right then businesses fly and shareholder returns accelerate.
